Celebal Technologies, a Jaipur, India-based provider of enterprise AI solutions, has raised $15 million in Series B funding.
Investors
The round was led by InCred Growth Partners Fund I, with participation from Norwest Capital.
InCred Growth Partners Fund I (IGPF-I)is a private equity growth-expansion fund launched in 2024 by InCred Capital and InCred Asset Management. The fund invests in high-growth and late-stage private companies across consumer, financial, technology, and enterprise services, typically at Series B and C stages.
Celebal Technologies Use of Funds
The company plans to use the funding to expand its presence across North America and Europe and develop its AI-powered solutions further.
About Celebal Technologies
Founded in 2016 by Anirudh Kala and Anupam Gupta, Celebal Technologies is a SaaS company specializing in enterprise AI, big data, data science, and cloud-based solutions. The company helps large enterprises modernize legacy systems by seamlessly integrating cloud and AI technologies. Celebal offers services, including data science, data engineering, chatbots, cloud innovation, low-code platforms, and process automation. Headquartered in Jaipur, India, the company serves clients across diverse industries, including manufacturing, financial services, retail, energy, and healthcare.
Funding Details
Company: Celebal Technologies Private Limited
Raised: $15.0M
Round: Series B
Funding Date: May 2025
Lead Investor: InCred Growth Partners Fund I
Additional Investor: Norwest Capital
Company Website: https://celebaltech.com/
Software Category: Enterprise AI / Cloud & Data Analytics
Source: https://yourstory.com/2025/05/celebal-raises-15m-from-increds-pe-fund-and-norwest-saas-startup