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Smart Metering company Kimbal Technologies on Monday announced that it has secured $5 million in growth capital in its first-ever funding round to scale up existing operations and new product development.The funding round was led by investment ...
"We are growing at a solid pace, and I am strategically focused on ensuring that our growth is not only steep but also steady and sturdy," Ayush Sinhal, CEO of Kimbal Technologies, said in a statement. �� Kimbal Technologies Raises ‘USD 5 Million’ Funds To Scale Up Existing Operations and New Product Development.
Energy tech startup Kimbal Technologies will use the funds to expand its current operations and come up with new products, aiming to establish a modern power distribution system to the last mile, Kimbal Technologies said in a statement.