The Indian utility technology sector saw a fresh infusion of capital as Kimbal, a startup building breakthrough solutions for power distribution, announced a $22.0M Series B funding round. GEF Capital Partners and Niveshaay participated in the investment, which will support Kimbal's "Made in India" end-to-end solutions for AMI Projects.
Founded in 2011, Kimbal serves as a trusted technology partner to India's largest DISCOMS, providing tools like its AI-enabled meter reading application, Samaksha, and workforce management application, Yukti. The capital is earmarked to strengthen and expand the company's global operations, furthering its mission to empower utilities with reliable, secure, and sustainable energy distribution.











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