Quantum cybersecurity company QNu Labs has secured INR 60 crore ($7.1 million USD) in Series A funding, led by the Indian government’s National Quantum Mission (NQM), which contributed INR 25 crore ($3 million USD). Additional investors included Lucky Investment, Speciale Invest, Tenacity Ventures, and Singularity AMC. The funding brings QNu’s total capital raised to 20 million USD. The Bengaluru-based startup will use the funds to scale its commercial operations, strengthen global partnerships, and accelerate the rollout of its QShield platform, a Quantum Security-as-a-Service offering launched on World Quantum Day.
Founded in 2016 and incubated at IIT-Madras, QNu Labs offers a full suite of quantum-safe cybersecurity solutions, including Quantum Key Distribution (QKD), Quantum Random Number Generators (QRNG), and Post-Quantum Cryptography (PQC). These technologies are aimed at protecting critical sectors—such as finance, healthcare, telecom, and defence—from threats posed by future quantum computers. QNu positions itself as a leader in quantum-safe encryption, advocating for the early adoption of quantum-resilient technologies in national infrastructure.
CEO Sunil Gupta emphasized that the NQM-led investment validates QNu’s mission to secure the digital world with quantum-safe technologies. Co-founder Aluri Srinivasa Rao highlighted QNu’s alignment with India’s broader DeepTech strategy, while investors praised the firm’s first-mover advantage and robust technical foundation. The investment marks a significant step in India’s quantum ambitions, positioning QNu as a key player in global cybersecurity transformation.
Read the full announcement in Entrepreneur India here.
April 30, 2025
