Celebal Technologies Raises $15M in Series B

Celebal Technologies, a Jaipur, India-based provider of enterprise AI solutions, has raised $15 million in Series B funding.

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.

The company plans to use the funding to expand its presence across North America and Europe and develop its AI-powered solutions further.

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