Kimbal establishes Australia and New Zealand headquarters in Victoria. Kimbal, a leader in advanced metering infrastructure and intelligent energy solutions, has announced the establishment of its Australia and New Zealand headquarters in Victoria, marking a significant milestone in the company's international expansion and reinforcing the growing economic partnership between India and Australia. 27 Jul 2026 The investment positions Victoria as Kimbal's regional hub for delivering next-generation smart grid technologies, such as edge intelligence, that will support utilities in modernizing electricity networks, integrating distributed energy resources, and accelerating the clean energy transition. Founded in 2011, Kimbal has emerged as one of the world's leading providers of end-to-end advanced metering infrastructure (AMI) solutions, with more than 12 million smart metering endpoints deployed to date. The company's integrated product portfolio spans smart electricity meters, RF-mesh connectivity suite, head-end systems (HES), edge intelligence, energy management solution, and AI-enabled cloud platforms, enabling utilities to build more resilient, efficient, and consumer-centric energy networks. The company's expansion into Australia reflects the country's increasing focus on digital infrastructure to support renewable energy integration, electric vehicles, distributed storage, and a more dynamic electricity grid. The ANZ headquarters is expected to create approximately 50 highly skilled jobs over the next three years, bringing global expertise in smart grid technologies while strengthening Victoria's position as a centre for energy innovation and advanced technology investment. The announcement comes at a time of deepening economic engagement between India and Australia, following the recent visit of the Prime Minister of India, Shri Narendra Modi, to Australia, which reaffirmed the importance of expanding collaboration in technology, innovation and sustainable economic growth. Steve Dimopoulos, Victoria's Minister for Economic Growth and Jobs, said: "Victoria has a strong and enduring partnership with India, and Prime Minister Narendra Modi's recent visit highlighted the potential for deeper collaboration between our two regions." "Kimbal's investment aligns with our India Strategy, and will strengthen Victoria's position as a destination for advanced manufacturing, innovation and clean energy technologies." "We supported Kimbal to establish its headquarters in Victoria because it will create around 50 skilled jobs, set up our energy grid with world-class smart grid expertise, and it reinforces our leadership in an innovation-led energy transition." Commenting on the announcement, Dhiren Parmar, Country Head, ANZ, Kimbal, said: "Australia is one of the world's most progressive energy markets, and Victoria offers the ideal ecosystem for innovation, collaboration and long-term growth. Our experience in delivering large-scale smart metering infrastructure across dynamic geographies positions us to support utilities in building more intelligent, resilient and sustainable electricity networks. Establishing our Australia and New Zealand headquarters in Victoria represents a long-term commitment to the country and reflects our confidence in the strength of the India-Australia partnership." Kimbal's regional presence will enable closer collaboration with utilities, energy retailers and ecosystem partners across Australia and New Zealand, supporting the deployment of intelligent grid technologies that enhance network visibility, improve operational efficiency and empower consumers with greater control over their energy usage. The investment also aligns with Victoria's ambitions to lead the transition towards a digitally enabled, low-carbon energy future while attracting high-value technology investment and creating skilled employment opportunities.

GEF Capital leads Series B funding in energy-tech firm Kimbal. * 30 Apr 2026 * Listen to Story Kimbal Pvt Ltd, an engineering company that provides energy technology and smart metering products, has pocketed $22 million (Rs 209 crore) in a Series B round led by global sustainability-focused private equity firm GEF Capital Partners. Surat-based investor Niveshaay, which is an early institutional backer of the company, has doubled down with its Sambhav Fund, its domestic fund that invests in both listed and unlisted companies. "Energy transition is fundamentally changing how energy is measured, managed, and traded. Sustainability, efficiency, and responsible innovation remain at the very core of it," said Ayush Sinhal, Kimbal's founder and chief executive. "We now have the runway to deepen our engineering capabilities, scale faster with our agility intact, and take Kimbal global." The fresh capital will be deployed towards Kimbal's product development across power quality, energy management, and battery storage. It will also help the company to deepen its Advanced Metering Infrastructure vertical and manufacturing operations, and seed international expansion, the company said in a statement. "India's energy transition is among the most consequential sustainability opportunities of this decade. Kimbal's technology platform, engineering capability, and proven execution make them a good fit for GEF Capital's investment program," said Sridhar Narayan, managing partner at the PE firm. ICICI Securities was the banker and advisor on the deal. New Delhi-based Kimbal operates as a full-stack energy technology organization building solutions for grid modernization. Its product portfolio extends across radio frequency-mesh connectivity, edge intelligence, cloud-based solutions, power quality, energy management, and battery storage, with Advanced Metering Infrastructure serving as its flagship solution. The company has a 300-member engineering team spanning Delhi, Bengaluru, Singapore, Seoul, and Australia. Kimbal previously raised capital in March 2024 when Niveshaay led a $5 million round, with participation from angel investors like Ayush Mittal of Mittal Analytics Pvt. Ltd and Sandeep Kapadia. This was its first external round of fundraising.