
Jaipur-based enterprise data and AI company Celebal Technologies has raised Rs 50 crore ($5.2 million) in debt funding from BlackSoil Capital. The company said the facility has been structured as strategic balance sheet capital, giving it an additional liquidity buffer and greater financial flexibility.
Celebal said the funding is not tied to a specific expansion plan. Instead, it said the capital will help strengthen its balance sheet and support business continuity during external disruptions, including geopolitical uncertainty and market volatility. The fundraise follows the repayment of an earlier debt facility and comes as the company said it has improved profitability.
Hemant Mathur, CFO of Celebal Technologies, said “This facility aligns with our philosophy of staying well-capitalised and prepared. Having strengthened our operating performance and honoured our previous obligations, we are approaching this from a position of strength. It enables us to remain focused on execution while staying resilient to external disruptions.
About Celebal Technologies
Celebal Technologies has been founded in 2016 by Anupam Gupta and Anirudh Kala. Celebal Technologies provides data science, AI and enterprise cloud solutions to businesses.