(TheKen) India has an entrant in the quantum security pie, courtesy Bengaluru-based QNu labs, also the only member from India of the Quantum Alliance Initiative that comprises countries such as Canada, Australia, the US, South Korea, Japan, and others.
The company closed the financial year ending March 2020 with $150,000 in revenue; the projected revenue for the current fiscal year is $2 million. It is also evaluating a few term sheets for raising $5-7 million in Series A funding.
QNu Labs is projected to earn $2 million in revenue for the current fiscal year.
These products are listed on the QNU website:
Quantum Random Number Generator
Quantum Key Distribution
Quantum Secure Platform