Stories
QNu Labs Targets ₹80 Crore Revenue by FY27, Eyes ₹15 Crore QShield 2.0 Pipeline
C
CNBC TV18•04-10-2026, 12:01
QNu Labs Targets ₹80 Crore Revenue by FY27, Eyes ₹15 Crore QShield 2.0 Pipeline
- •QNu Labs anticipates a ₹10-15 crore order pipeline from its new QShield 2.0 platform this fiscal year, with an average deal size of ₹1-2 crore and a four-month sales cycle.
- •The deep-tech cybersecurity company aims for ₹80 crore revenue by FY27, focusing on converting interest in quantum-safe security into enterprise deployments.
- •QShield 2.0 offers an end-to-end quantum-safe security platform, differentiating itself from competitors like IBM with a full lifecycle stack including entropy services, discovery, PKI, and QVault components.
- •QNu Labs recently secured ₹200 crore in Series A1 funding, bringing total capital raised to ₹375 crore; half of the new funds will go to R&D, and the rest to go-to-market initiatives and global expansion.
- •The company, incubated at IIT Madras, plans to expand its quantum-safe technology stack, including quantum sensing and AI, while scaling commercial operations in India and internationally.
Key Questions Answered
QNu Labs is targeting a revenue of ₹80 crore in FY27 and expects an order pipeline of ₹10-15 crore from its newly launched QShield 2.0 platform in the current financial year.
QNu Labs recently raised ₹200 crore in a Series A1 funding round led by the National Quantum Mission and Speciale Invest, bringing its total capital raised to ₹375 crore.
QNu Labs sees a ₹4,000-5,000 crore quantum-safe market opportunity over the next five years as enterprises, banks, and critical infrastructure players increasingly adopt quantum-safe cybersecurity.
