QNu Labs targets ₹80 crore revenue by FY27 after ₹200 crore raise
QNu Labs, incubated at IIT Madras in 2016, targets ₹80 crore revenue by FY27 with its quantum-safe product QShield 2.0, eyeing ₹10-15 crore order pipeline this year. Despite slow sales cycles, the company raised ₹200 crore, taking total funding to ₹375 crore, to fund R&D and global expansion.
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