HDFC Bank has decided to invest in QNu Labs, a pioneer in full-stack quantum-safe cybersecurity, in a move the bank says will bolster India’s digital sovereignty through indigenous innovation.
The initiative supports QNu’s push toward quantum safety and fortifying secure communication networks for the financial sector.
Arup Rakshit, Group Head, Treasury, HDFC Bank, said, “Investment in QNu gives us an opportunity to back an indigenous and future-ready innovation. By building proactive solutions in the quantum cybersecurity space, QNu Labs makes a valuable contribution to the financial sector with its quantum-safe communication networks.”
Sunil Gupta, CEO, QNu Labs said, “We are thrilled to conclude our Series A funding with HDFC Bank as our partner. This strategic milestone validates our contrarian approach of leveraging quantum physics over classical and conventional AI-based security methods. We are not just protecting digital assets – we are working towards making India a quantum-safe nation and fortifying our digital sovereignty.”
Founded in 2016 and incubated at IIT Madras Research Park, QNu Labs offers patented, certified and field-proven quantum-safe solutions for defence, government and enterprise customers.
Its flagship SaaS platform, QShield, provides end-to-end protection from hardware to applications across endpoints, networks, edge and cloud environments, aligning with the company’s ethos of “Born in India, Built for the World.”
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