🦄 Startups & VC
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Kimbal raises $22M in Series B round led by GEF Capital
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Energy engineering company Kimbal Pvt Ltd on Thursday raised $22 million in a Series B funding round, led by sustainability-focused private equity firm, GEF Capital Partners. The round also saw participation from the company’s existing investor, Niveshaay, which doubled down on the company in a second follow-on round. “Our conviction in Kimbal has only grown over time. They sit at the intersection of themes we have believed in for years. Indeed, energy security and energy transition have become
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