Celebal Technologies Secures $15 Million to Accelerate Global AI Expansion

May 13, 2025, 9:34 am
Celebal Technologies
Celebal Technologies
AnalyticsAppArtificial IntelligenceBusinessCloudDataEnterpriseScienceServiceSoftware
Location: United States, Texas, Houston
Employees: 1001-5000
Founded date: 2015
Total raised: $47M
Avendus
Avendus
AlternativeCorporateFamilyFinTechFirmManagementResearchService
Location: India, Maharashtra, Mumbai
Employees: 201-500
Founded date: 1999
Total raised: $424.92M
In the fast-paced world of technology, funding is the lifeblood that fuels innovation. Celebal Technologies, an enterprise AI solutions provider, has just secured $15 million in Series B funding. This investment comes from InCred Growth Partners Fund I and Norwest Capital. The capital will be pivotal for Celebal as it aims to expand its reach into North America and Europe, while also enhancing its AI-driven solutions across various sectors.

Founded in 2016 by Anirudh Kala and Anupam Gupta, Celebal has quickly established itself as a key player in the AI landscape. The company specializes in cloud and AI solutions that help large enterprises modernize their legacy systems. Its expertise spans data science, data engineering, process automation, and low-code platforms. Celebal's offerings include critical business applications like Customer 360, supply chain optimization, logistics analytics, and financial intelligence.

The recent funding marks a significant milestone for Celebal. The company has seen impressive growth since its last funding round in September 2022. It has more than doubled its revenue, expanded its workforce, and increased its international presence. This momentum is not just a statistic; it reflects the rising demand for AI solutions in a data-driven world.

Celebal's co-founder, Anupam Gupta, expressed enthusiasm about the new investment. He emphasized the strategic importance of data for global enterprises. As organizations increasingly recognize data as a valuable asset, Celebal aims to help them harness its full potential. The company's mission is clear: to deliver impactful outcomes for clients through innovative AI solutions.

The sectors targeted by Celebal are diverse. From energy to manufacturing, retail to life sciences, and financial services, the company is poised to make a significant impact. Each sector presents unique challenges and opportunities. Celebal's AI-driven solutions are designed to address these complexities, enabling businesses to operate more efficiently and effectively.

The backing from InCred and Norwest is a testament to Celebal's strong fundamentals. Vivek Singla, Managing Partner and CIO at InCred's PE Fund, highlighted the strategic importance of Celebal's offerings. He noted that the company operates at the intersection of data, analytics, and AI—three transformative forces in technology today. This positioning makes Celebal a compelling partner for enterprises looking to innovate.

The role of Avendus Capital as the exclusive financial advisor for this transaction cannot be overlooked. Their expertise in strategic funding has been instrumental in guiding Celebal through this process. The partnership with Avendus underscores the importance of having the right advisors in a rapidly evolving market.

As Celebal prepares for its next chapter, the focus will be on scaling its delivery capabilities. The company aims to deepen its innovation in AI, ensuring that it remains at the forefront of technological advancements. The journey ahead is filled with potential, but it also comes with challenges. The tech landscape is competitive, and the ability to adapt and innovate will be crucial.

Celebal's success story is not just about numbers; it's about vision and execution. The founders have a clear understanding of the market and the needs of their clients. They are committed to driving deeper innovation and global growth. This commitment is what sets Celebal apart in a crowded field.

The investment landscape for AI startups is vibrant. As more companies recognize the value of AI, funding opportunities are increasing. Celebal's recent success is a reflection of this trend. Investors are eager to support companies that demonstrate strong growth potential and a clear path to profitability.

In conclusion, Celebal Technologies is on a trajectory of growth and innovation. The recent $15 million funding will enable the company to expand its global footprint and enhance its AI offerings. With a strong foundation and a clear mission, Celebal is well-positioned to navigate the complexities of the tech landscape. The future looks bright for this Jaipur-based firm as it continues to harness the power of data and AI to drive impactful outcomes for its clients. The journey is just beginning, and the possibilities are endless.