QNu Labs Aims for ₹80 Crore Revenue, Launches Quantum-Safe Security Platform

QNu Labs, a deep-tech cybersecurity company based in India, is targeting ₹80 crore in revenue for FY27. The company's co-founder Sunil Gupta told CNBC-TV18 that IBM is QNu Labs' biggest global competitor in the quantum-safe security segment.

The company has recently launched its QShield 2.0 platform, which is expected to generate an order pipeline of ₹10-15 crore in the current financial year. The platform has an average deal size of ₹1-2 crore and a sales cycle of about four months, Gupta said.

QNu Labs plans to use half of its recent ₹200 crore funding round towards research and development, while the remaining 50% will go towards go-to-market initiatives and global expansion. The company has around 160 engineers, physicists, and mathematicians serving customers globally across critical infrastructure and other sensitive sectors.

India remains QNu Labs' largest market, with most of its business coming from domestic customers. However, the company is looking to increase its presence in international markets as part of its broader go-to-market expansion.