BlackSoil Capital has contributed Rs 50 crore ($5.2 million) in debt capital to Jaipur-based Celebal Technologies, a provider of enterprise data and AI solutions.
As the business expands internationally, the facility’s strategic balance sheet capital structure offers a liquidity buffer and financial flexibility.
There is no specific expansion initiative associated with the funding. Rather, it represents Celebal’s strategy for preserving a well-capitalized balance sheet and getting ready for external uncertainties, such as market disruptions and geopolitical volatility, while guaranteeing continuous execution throughout its enterprise engagements.
The company’s emphasis on capital management and operating performance is highlighted by the capital raise, which comes after the repayment of an earlier lending arrangement and coincides with increased profitability.
Anupam Gupta and Anirudh Kala co-founded Celebal Technologies in 2016 with a focus on enterprise cloud solutions, AI, and data science. Through its expertise in supply chain analytics, cloud transformation, data engineering, and AI-led automation, the company assists businesses in increasing business efficiency.
The company claims that because to strategic alliances with Microsoft and Databricks, Celebal Technologies had a revenue CAGR of over 81% between FY21 and FY26.
Through accelerators and cloud-native architectures, the company works with platforms including Databricks, Microsoft Azure, Amazon Web Services, SAP, and Sigma Computing to modernize ERP and data systems. It claims to employ over 3,000 people, more than 1,500 of them are accredited by Databricks.
