Trilegal acts on Kimbal $22 million Series B fundraise
Kimbal, founded in 2011 by Ayush Sinhal, provides smart metering and energy transition solutions with focus on Advanced Metering Infrastructure (AMI) and battery storage. The Series B capital targets product development across power quality, energy management and battery storage solutions, enhancement of AMI and manufacturing capabilities, and geographic expansion beyond India. Trilegal's Corporate Practice team (led by Partner Sanjam Arora) and Capital Markets team (led by Partner Vijay Parthasarathi) advised on the transaction.
Why it mattersStructured equity fundraise by domestic deep-tech company in distributed energy management space; typical Series B investor syndication model with lead and co-investor participation.
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