Trilegal acts on Kimbal $22 million Series B fundraise

Kimbal Private Limited has raised $22 million from a Series B fundraise led by GEF Capital Partners, with participation from Niveshaay Sambhav Fund.

Trilegal advised Kimbal on this fundraise.

The Corporate Practice team was led by Sanjam Arora (Partner), and comprised Anamika Ray (Counsel), Jagrati Gupta (Counsel) and Vagmita Tiwari (Associate).

The Capital Markets team consisted of Vijay Parthasarathi (Partner) and Saurav Das (Senior Associate).

Founded in 2011 by Ayush Sinhal, Kimbal is a technology company providing smart metering and energy transition solutions.

The new funding will accelerate Kimbal's product development in power quality, energy management, and battery storage, enhance its Advanced Metering Infrastructure (AMI) and manufacturing, and support international expansion.

If you would like your Deals, Columns, Press Releases to be published on Bar & Bench, please fill in the form available here.