Celebal Technologies, an IT services provider supported by Norwest Venture Partners, has secured an undisclosed amount of debt from BlackSoil, an alternative lending platform.
The newly acquired funds will be utilized for operational expenses and overall company objectives. Additionally, this would empower Celebal Technologies to enhance its service to its extensive client base of over 200 customers and strengthen its global market presence.
In 2022, Celebal Technologies secured $32 million in its initial institutional financing round from Norwest.
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Celebal Technologies specializes in the fields of data science, artificial intelligence (AI), and enterprise cloud solutions. The company aids its wide range of clients in enhancing business efficiencies and delivering customized solutions, focusing largely on data engineering, cloud innovation, supply chain analytics, and AI-powered chatbots.
Celebal Technologies, situated in Jaipur, asserts that it has attained a compound annual growth rate (CAGR) of around 105% from fiscal year 2021 to fiscal year 2024.
About Celebal Tech
Founded in 2016 by Anupam Gupta and Anirudh Kala, Celebal Technologies is a premier software services company in the field of Data Science, Big Data, and Enterprise Cloud.Â
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