Jaipur-based Celebal Technologies has secured Rs 50 crore (approximately $5.2 million) in debt funding from BlackSoil Capital, reinforcing its financial position as the company continues to scale its global enterprise technology business.
Unlike growth capital earmarked for specific expansion plans, the facility has been structured as strategic balance sheet capital. The move is aimed at enhancing liquidity and providing additional financial flexibility as the company navigates an increasingly dynamic global business environment.
The funding reflects Celebal Technologies’ focus on maintaining a well-capitalised balance sheet while preparing for potential market uncertainties, geopolitical developments, and evolving enterprise technology demands. The company said the capital will help ensure uninterrupted execution across its global client engagements.
The latest raise comes after the repayment of a previous debt facility and follows a period of improved profitability, highlighting the company’s emphasis on disciplined capital management alongside business growth.
Founded in 2016 by Anupam Gupta and Anirudh Kala, Celebal Technologies specializes in enterprise data, artificial intelligence, cloud transformation, and analytics solutions. The company works with organizations to improve operational efficiency through data engineering, AI-powered automation, supply chain analytics, and cloud-native technologies.
Over the past few years, Celebal has emerged as one of India’s notable enterprise technology success stories. According to the company, it has recorded a revenue CAGR of approximately 81% between FY21 and FY26, supported by strategic partnerships with global technology leaders such as Microsoft and Databricks.
The company collaborates with major technology ecosystems including Microsoft Azure, Databricks, Amazon Web Services (AWS), SAP, and Sigma Computing to modernize enterprise data and ERP infrastructure. It also claims to have built a workforce of more than 3,000 professionals, including over 1,500 Databricks-certified experts.
As enterprises worldwide continue to accelerate investments in AI, cloud, and data modernization, Celebal Technologies appears focused on strengthening its financial foundation while positioning itself for the next phase of growth in the rapidly evolving enterprise technology landscape.
-By Muskan Dengra
