Funding · Enterprise Software & IT

Celebal raises ₹50 crore debt from BlackSoil Capital

What they do

Celebal provides enterprise data engineering, AI automation, and cloud transformation services to global clients

The company secured a ₹50 crore strategic debt facility to strengthen its balance sheet and ensure financial flexibility

This funding follows improved profitability and earlier debt repayment, supporting business continuity amid market volatility

Celebal Technologies has raised ₹50 crore in a debt facility from BlackSoil Capital.
The capital is structured as strategic balance sheet capital to provide a liquidity buffer.
Funds will support business continuity during external disruptions like geopolitical or market volatility.
The deal comes after Celebal repaid an earlier debt facility and saw improved profitability.
CFO Hemant Mathur highlighted the disciplined approach to capital management for this raise.
BlackSoil Capital’s Managing Director Ankur Bansal commented on the partnership with the firm.
The financing provides financial flexibility without being tied to specific expansion initiatives.
Celebal continues to leverage its strong financial position to navigate current economic conditions.

The raise signals confidence in Celebal’s ability to manage capital during volatile periods.
It highlights a shift toward using debt for balance sheet strength rather than just growth.
BlackSoil’s focus on alternative credit aligns with serving established emerging corporates like Celebal.
The timing follows a period of improved profitability, indicating stronger underlying financial health.

Celebal specializes in enterprise data, AI, and cloud transformation solutions.
The company offers data engineering, AI-led automation, and supply chain analytics.
It operates globally with hubs in AMER, Europe, Middle East, and APAC.
Headquarters are located in Jaipur, India, with operations across multiple continents.
Partnerships include Microsoft Azure, Databricks, AWS, SAP, and Sigma Computing.
Celebal modernizes ERP and data platforms using accelerators and cloud-native architectures.
The firm boasts a workforce of 3,000+ professionals with over 1,500 Databricks certifications.
Revenue grew at a ~81% CAGR between FY21 and FY26.
Services target large enterprises seeking digital transformation and data-driven decision-making.

Celebal plans to use funds to strengthen its balance sheet and ensure business continuity.
The company aims to maintain financial flexibility amid potential market or geopolitical disruptions.

BlackSoil Capital (lender) — Alternative credit platform; RBI-registered NBFC + SEBI-registered AIF with $250M AUM.

Product: Data science, AI, and enterprise cloud solutions for digital transformation.
Customers: Enterprises that pay for data, cloud, and AI implementation services.
How it makes money: Services and consulting fees for enterprise software and AI projects.
What sets it apart: Works as a Databricks and Microsoft services partner.
Operations: Delivers data engineering, cloud transformation, supply chain analytics, and AI-driven chatbots.