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Kimbal raises USD 22 million in Series B led by GEF Capital, with Niveshaay backing the company for the third consecutive round.

PRIVATEApr 30, 2026about 1 month ago

Amount Raised

$22 Million

Round Type

series b

New Delhi

Investors

NiveshaayGef Capital

Description

Kimbal Private Limited, an India-headquartered energy engineering company, has closed a USD 22 million Series B round. GEF Capital Partners led the round with Niveshaay providing follow-on investment. The capital will support product development and international expansion. Kimbal's solutions aim to enhance energy management and battery storage capabilities.

Company Information

Company

Kimbal Technologies

Location

New Delhi, Delhi, India

About

Kimbal Technologies is a power distribution solution supplier that offers an integrated advanced metering infrastructure solution, including smart meters, RF-Mesh communication technologies, and open-architecture head-end system. Established in 2011, the company has deployed 1 million smart meters so far and has also supplied to Middle Eastern utilities.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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