Pramatra Space - About the company
Pramatra Space is a seed company based in Bengaluru (India), founded in 2023 by Vinay Hukumchand and Richa V Hukumchand. It operates as a Developer of quantum key distribution satellites. Pramatra Space has raised $20K in funding from Seafund, with a current valuation of $*****. The company has 84 active competitors, including 21 funded and 1 that has exited. Its top competitors include companies like QNu Labs, QuintessenceLabs and SandboxAQ.
Company Details
Developer of quantum key distribution satellites. The company is building satellites to distribute quantum keys to enterprises. The company is building integrated photonics-based satellites that generate and distribute ultra-secure encryption keys for enterprises. It focuses on quantum-secure communications using satellite-based Quantum Key Distribution. It uses LEO satellites to distribute quantum encryption keys securely between ground stations and enterprise networks.
- Website
- pramatra.space
- Email ID
- *****@pramatra.in
- Phone Number
- +91 **********
- Registered Address
- Plot No. 77, JBR Tech Park, 6th Rd, Whitefield, EPIP Zone, Whitefield, Bangalore, Bangalore South, Karnataka, India, 560066
Key Metrics
Founded Year
2023
Location
Bengaluru, India
Stage
Seed
Total Funding
$20K in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 18, 2026
Ranked
11th among 84 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
14 as on Aug 31, 2026
Similar Companies
Legal entities associated with Pramatra Space
Pramatra Space is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
PRAMATRA SPACE TECHNOLOGY PRIVATE LIMITED CIN: U72900KA2022PTC167696 , India, Active | Nov 09, 2022 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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Pramatra Space's funding and investors
Pramatra Space has raised a total funding of $20K over 2 rounds. Its first funding round was on Sep 10, 2024. Its latest funding round was a Seed round on May 25, 2026 for $*****. 6 investors participated in its latest round. Pramatra Space has 6 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Pramatra Space:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 25, 2026 | 1334147 | Seed | 6105054 | 7206140 | 9396620 | 7699650 |
Sep 10, 2024 | 5495173 | Seed | 9207174 | 6410186 | 9059145 |
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Pramatra Space's founders and board of directors
Founder? Claim ProfileThe founders of Pramatra Space are Vinay Hukumchand and Richa V Hukumchand. Richa V Hukumchand is the CEO of Pramatra Space.
Here are the details of Pramatra Space's key team members:
- Vinay Hukumchand: Co-Founder & COO of Pramatra Space. They serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Richa V Hukumchand: Founder & CEO of Pramatra Space. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Pramatra Space's Board of Directors
Pramatra Space's board has 2 active members. Vinay Hukumchand and Richa V Hukumchand are part of team.Here is the list of Pramatra Space's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 3y 11m | |
Team | - | Current | 3y 11m |
View details of Pramatra Space's Founder profiles and Board Members
Pramatra Space's employee count trend
Pramatra Space has 14 employees as of Aug 26. Here is Pramatra Space's employee count trend over the years:
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Pramatra Space's Competitors and alternates
Top competitors of Pramatra Space include QNu Labs, QuintessenceLabs and SandboxAQ. Here is the list of Top 10 competitors of Pramatra Space, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of quantum cryptography solutions, key distribution, random number generation | $41.4M | 70/100 | ||
2nd |  QuintessenceLabs 2008, Canberra (Australia), Series B | Provider of quantum cybersecurity solutions, including key management and distribution | $52.7M | 63/100 | |
3rd |  SandboxAQ 2022, Palo Alto (United States), Series E | Developer of quantitative artificial intelligence models for various industry applications | $950M | 66/100 | |
4th |  Quantum Bridge Technologies 2019, Toronto (Canada), Series A | Provider of quantum computing technology for communication applications | $8M | 61/100 | |
5th | Provider of a platform offering post-quantum blockchain scaling solution | - | 61/100 | ||
6th |  PQShield 2018, Oxford (United Kingdom), Series B | Provider of quantum computing solutions for secured communication | $65.3M | 60/100 | |
7th |  QuSecure 2019, San Mateo (United States), Series A | Provider of platform for cryptographic discovery, remediation, and compliance reporting | $28M | 58/100 | |
8th | Sitehop 2021, Sheffield (United Kingdom), Series A | Provider of network security solutions for enterprises | $18.1M | 54/100 | |
9th | PQ Solutions 2009, London (United Kingdom), Series A | Post quantum encryption based data and communication security | $16.9M | 52/100 | |
10th | Post-quantum encryption-based data security solution | $10M | 51/100 | ||
11th |  Pramatra Space 2023, Bengaluru (India), Seed | Developer of quantum key distribution satellites | $20K | 47/100 |
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Pramatra Space's Investments and acquisitions
Pramatra Space has made no investments or acquisitions yet.
Reports related to Pramatra Space
Here is the latest report on Pramatra Space's sector:
News related to Pramatra Space
Media has covered Pramatra Space for a total of 3 events in the last 1 year, 1 of them has been about partnerships.
•
Securing the space age: Pramatra Space is building quantum-resilient communicationYourStory•Jun 12, 2026•Pramatra Space
•
Pramatra Space Raises Pre-Seed Funding To Build a Quantum-Secure Future From SpaceIndian Startup Times•May 25, 2026•Rebalance, Pramatra Space, Techstars, Magnivia Ventures
•
Pramatra Space, Infostellar sign MoU for Quantum Key Distribution ground station services.SatNews•Oct 30, 2025•Pramatra Space, Infostellar
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