Jaipur-based Celebal Technologies, an enterprise data and AI solutions provider, has raised Rs 50 crore ($5.2 million) in debt funding from BlackSoil Capital.
The facility is structured as strategic balance sheet capital, providing a liquidity buffer and financial flexibility as the company continues to scale its global operations.
The funding is not tied to any specific expansion initiative. Instead, it reflects Celebal's approach to maintaining a well-capitalised balance sheet and preparing for external uncertainties, including geopolitical volatility and market disruptions, while ensuring uninterrupted execution across its enterprise engagements.
The capital raise follows the repayment of an earlier debt facility and comes alongside improved profitability, underscoring the company's focus on capital management and operating performance.
Co-founded in 2016 by Anupam Gupta and Anirudh Kala, Celebal Technologies specialises in data science, AI, and enterprise cloud solutions. The company helps enterprises improve business efficiency through capabilities in data engineering, cloud transformation, supply chain analytics, and AI-led automation.
According to the company, Celebal Technologies has recorded a revenue CAGR of approximately 81% between FY21 and FY26, supported by strategic partnerships with Microsoft and Databricks.
The company works with platforms including Databricks, Microsoft Azure, Amazon Web Services, SAP, and Sigma Computing to modernise ERP and data platforms through accelerators and cloud-native architectures. It states that it has a workforce of more than 3,000 professionals, including over 1,500 Databricks-certified employees.