India, April 30 -- Smart grid solutions startup Kimbal Technologies has raised $22 Mn (about Rs.210 Cr) in its Series B funding round led by GEF Capital Partners, with participation from existing investor Niveshaay.

The startup intends to use the capital to advance its product development across power quality, energy management, and battery storage, while also strengthening its Advanced Metering Infrastructure (AMI) vertical and manufacturing operations. A portion of the funding will go towards its international expansion.

With the latest round, the startup's total funding to date has reached $27 Mn, including its previous funding of $5 Mn in a round led by Niveshaay in 2024.

Founded in 2011 by Ayush Sinhal, Kimbal is a Delhi-based sta...