Funding

QNu Labs Raises ₹200 Crore, More Than Its Entire First Decade Combined

Sabyasachi Chandra

₹200 crore Series A1 co-led by the National Quantum Mission and Speciale Invest, with Sony Innovation Fund, Gaja Capital and Artha Ventures joining. Total raised reaches ₹375 crore, so this round e…

Filed accounts show FY25 revenue of ₹40.5 crore, up 64%. Headcount is around 180, up from about 118 a year earlier.

The National Quantum Mission funds the company, runs the IIT Madras hub that incubated it, and sets the 2029 migration deadline that creates its market. Gupta says 80% of this round came from inves…

QNu's most sought-after product is its quantum-safe VPN, which is software rather than quantum hardware. Western security agencies have discouraged quantum key distribution in favour of post-quantu…

Founded in 2016 by four people, not two: Sunil Gupta, Srinivasa Rao Aluri, Mark Mathias and Anil Prabhakar.

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