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QNu Labs Targets ₹80 Crore Revenue as Quantum-Safe Demand Grows
QNu Labs makes tools to help protect computer systems from future risks posed by quantum computers.
Its new platform, QShield 2.0, is designed to provide several parts of that protection together.
The company expects the platform to bring in a ₹10–15 crore order pipeline this financial year.
It is aiming to earn ₹80 crore in FY27, though it has not shared its FY26 revenue.
QNu Labs recently raised ₹200 crore from investors.
It plans to use half of that money for research and development and the other half for selling its products and expanding into more markets.
The company says that getting customers to adopt new security technology, and completing long sales cycles, are challenges.
India is currently its largest market, and it wants to grow its business overseas.
QNu Labs is targeting ₹80 crore in revenue in FY27; it did not disclose its FY26 revenue.
Its newly launched QShield 2.0 platform is expected to generate a ₹10–15 crore order pipeline this financial year.
QShield 2.0 deals are expected to average ₹1–2 crore, with sales cycles of about four months.
The company raised ₹200 crore in a Series A1 round, bringing total capital raised to ₹375 crore.
QNu Labs plans to split the new funding between research and development and go-to-market initiatives, including global expansion.
- Who
- QNu Labs, whose co-founder Sunil Gupta discussed the company’s plans.
- What
- The company expects a ₹10–15 crore QShield 2.0 order pipeline and is targeting ₹80 crore in FY27 revenue.
- Where
- QNu Labs is based in India, which is currently its largest market, and plans to expand internationally.
- When
- The pipeline is expected in the current financial year; the revenue target is for FY27.
- Why
- The company aims to turn rising interest in quantum-safe cybersecurity into commercial deployments and expand its business.
Key facts
- FY27 revenue target
- ₹80 crore
- QShield 2.0 expected pipeline
- ₹10–15 crore in the current financial year
- Expected average deal size
- ₹1–2 crore
- Average sales cycle
- About four months
- Latest funding round
- ₹200 crore Series A1
- Total capital raised
- ₹375 crore
- Use of latest funding
- Half for research and development; half for go-to-market initiatives and global expansion
Sources
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