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QNu Labs - About the company

QNu Labs is a series A company based in Bengaluru (India), founded in 2016 by Srinivasa Rao Aluri and Pravin Manjeshwar Kini. It operates as a Provider of quantum cryptography solutions, key distribution, random number generation. QNu Labs has raised $41.4M in funding from investors like Speciale Invest, National Quantum Mission and HDFC Bank, with a current valuation of $*****. The company has 176 active competitors, including 28 funded and 3 that have exited. Its top competitors include companies like QuintessenceLabs, SandboxAQ and SEALSQ.

Company Details

Provider of quantum cryptography solutions, key distribution, random number generation. It offers quantum key distribution for secure cryptographic keys and quantum random number generators. It provides post-quantum cryptography algorithms resistant to quantum attacks. It delivers quantum-safe virtual private networks, secure tunnels, and messaging services.
Social
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Email ID
*****@qnulabs.com
Registered Address
Centenary Building, East wing, 2nd Floor, No.28, M.G.Road, Bangalore, Bengaluru, Karnataka, India, 560025
Key Metrics
Founded Year
2016
Location
Bengaluru, India
Stage
Series A
Total Funding
$41.4M in 16 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 11, 2026
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
118 as on Aug 31, 2025
Investment & Acquisitions
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QNu Labs's funding and investors

QNu Labs has raised a total funding of $41.4M over 16 rounds. Its first funding round was on Aug 30, 2017. Its latest funding round was a Series A round on Sep 09, 2026 for $*****. 12 investors participated in its latest round. QNu Labs has 33 institutional investors and 72 angel investors.

Here is the list of recent funding rounds of QNu Labs:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 09, 2026
2656882
Series A
2562801
3865863
9241725
6149311
Apr 24, 2025
4291794
Series A
1998871
3661229
5988801
Nov 26, 2024
3911416
Grant (prize money)
6341653
2584476
6141705
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QNu Labs' founders and board of directors

Founder? Claim Profile
The founders of QNu Labs are Srinivasa Rao Aluri and Pravin Manjeshwar Kini.
Here are the details of QNu Labs' key team members:

QNu Labs' Board of Directors

QNu Labs's board has 8 active members. Sushil Mehta, Srinivasa Rao Aluri, Vinay Khattar, Vishesh Rajaram, Sunil Gupta and Mark Mathias are part of team and Rostow Ravanan and Dimple Samtani are independent board members.
Here is the list of QNu Labs' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 0m
kgcuypb
Team
-
Past
9y 6m
lqjbsou
Team
-
Past
4y 7m
jwthjtv
Team
-
Past
6y 8m
fqfoikj
Team
-
Past
9y 3m
Investor
-
Current
7y 5m
Investor
-
Current
2y 5m
nwucmel
Investor
{trkuep
Current
9y 7m
Independent board member
-
Current
5y 4m
fcmetnh
Independent board member
-
Current
7y 8m

QNu Labs' employee count trend

QNu Labs has 118 employees as of Aug 25. The total employee count is 42.0% more than what it was in Aug 24. Here is QNu Labs's employee count trend over the years:
Employee count trend for QNu Labs
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QNu Labs's Competitors and alternates

Top competitors of QNu Labs include QuintessenceLabs, SandboxAQ and SEALSQ. Here is the list of Top 10 competitors of QNu Labs, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for QNu Labs
QNu Labs
2016, Bengaluru (India), Series A
Provider of quantum cryptography solutions, key distribution, random number generation
$41.4M
70/100
2nd
Logo for QuintessenceLabs
QuintessenceLabs
2008, Canberra (Australia), Series B
Provider of quantum cybersecurity solutions, including key management and distribution
$52.7M
67/100
3rd
Logo for SandboxAQ
SandboxAQ
2022, Palo Alto (United States), Series E
Developer of quantitative artificial intelligence models for various industry applications
$950M
64/100
4th
Logo for SEALSQ
SEALSQ
2022, Cointrin (Switzerland), Public
Manufacturer of semiconductor chips, embedded firmware, and other products
-
-
62/100
5th
Logo for BTQ
BTQ
1998, Vancouver (Canada), Public
Provider of a platform offering post-quantum blockchain scaling solution
-
61/100
6th
Logo for PQShield
PQShield
2018, Oxford (United Kingdom), Series B
Provider of quantum computing solutions for secured communication
$65.3M
58/100
7th
Logo for QuSecure
QuSecure
2019, San Mateo (United States), Series A
Provider of platform for cryptographic discovery, remediation, and compliance reporting
$28M
56/100
8th
Logo for Naoris Protocol
Naoris Protocol
2017, Wilmington (United States), Series A
Provider of a platform offering a suite of cybersecurity solutions
$15.1M
56/100
9th
Logo for PQ Solutions
PQ Solutions
2009, London (United Kingdom), Series A
Post quantum encryption based data and communication security
$16.9M
55/100
10th
Logo for Sitehop
Sitehop
2021, Sheffield (United Kingdom), Series A
Provider of network security solutions for enterprises
$18.1M
54/100
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QNu Labs's Latest cap tables and shareholding

Founders own 17.78%, Funds own 12.85%, Enterprises own 4.97% and Angels (largest shareholder) own 41.25%. The net worth of QNu Labs's founders is INR 250Cr as of Sep 11, 2026. The cap table displayed below is for QUNU LABS PRIVATE LIMITED which is the legal entity associated with QNu Labs.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
17.78%
250Cr
4678060
7351533
8689830
7992820
7595360
3859538
3857147
9695511
7487939
3453560
92
76
69
63
83
90
Fund
12.85%
181Cr
1011518
1661756
4501999
4063931
5787
2853
4308
4155
6624
3955
1
7
1
2
8
7
4
2
5
8
7
8
Enterprise
4.97%
70Cr
3895
4845
1207
3045
Angel
41.25%
581Cr
8488779
9990099
8977973
7014843
55284
61939
55624
18659
65958
18067
Other People
8.15%
115Cr
9594465
1556809
9577202
3405113
ESOP Pool
14.99%
211Cr
9162936
1509781
1303178
4489829
Total
100.00%
1,410Cr
8711152
9302524
7366412
8754627
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

QNu Labs's Investments and acquisitions

QNu Labs has a total of 1 investment in GDQLabs. QNu Labs has not made any acquisitions as of now.

Reports related to QNu Labs

Here is the latest report on QNu Labs's sector:

News related to QNu Labs

lockFilter this list
Media has covered QNu Labs for a total of 14 events in the last 1 year, 7 of them have been about company updates and 3 about partnerships.
•
Quantum PKI From QNu Labs Builds A Full Platform For PostQuantum Zeitgeist•Sep 15, 2026•QNu Labs
•
QNu Labs raises ₹350cr to scale quantum security bizIndiatimes•Sep 09, 2026•QNu Labs
•
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