About Qbit Labs
Qbit Labs is a company based in Delhi (India) founded in 2020 by Vivek Mani Tiwari and Pradeep Kumar.. The company has 76 employees as of April 05, 2024. Qbit Labs offers products and services including Quantum Computing Services, AI and ML Services, IoT Solutions, Networking and Telecom Services, and Defence and Aerospace Solutions. Qbit Labs operates in a competitive market with competitors including Quantum Delta, QuantaMap, QxBranch, Quantum Catalyzer and Entanglement Partners, among others.
- Headquarter Delhi, India
- Employees 76 as on 05 Apr, 2024
- Founders Vivek Mani Tiwari, Pradeep Kumar
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Qbit Labs Private Limited
- Date of Incorporation 20 Mar, 2020
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$2.08 M (USD)-18.37as on Mar 31, 2024
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Net Profit
$84.58 K (USD)-8.69as on Mar 31, 2024
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EBITDA
$166.88 K (USD)-55as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
76
as on Apr 05, 2024
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Products & Services of Qbit Labs
Qbit Labs offers a comprehensive portfolio of products and services, including Quantum Computing Services, AI and ML Services, IoT Solutions, Networking and Telecom Services, and Defence and Aerospace Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides customized quantum solutions for encryption and security needs.
Enables adaptive learning for robots and applications using deep learning techniques.
Facilitates data collection and processing from smart devices in various ecosystems.
Offers secure hardware solutions like TCP/IP engines and smart NIC cards.
Delivers real-time processing and customization for aerospace challenges.
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Funding Insights of Qbit Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Qbit Labs
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Qbit Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Qbit Labs Comparisons
Competitors of Qbit Labs
Qbit Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Quantum Delta, QuantaMap, QxBranch, Quantum Catalyzer and Entanglement Partners, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Support ecosystem for quantum technology development is provided.
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| domain | founded_year | HQ Location |
Develops tools for quantum chip metrology and defect inspection.
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| domain | founded_year | HQ Location |
Quantum computing and data analytics solutions are offered by QxBranch.
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| domain | founded_year | HQ Location |
IT service solutions and consulting for quantum computing are developed.
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| domain | founded_year | HQ Location |
Consulting services for quantum technology deployment are provided to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Qbit Labs
When was Qbit Labs founded?
Qbit Labs was founded in 2020.
Where is Qbit Labs located?
Qbit Labs is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Qbit Labs?
Pradeep Kumar is the current CEO of Qbit Labs. They have also founded this company.
How many employees does Qbit Labs have?
As of Apr 05, 2024, the latest employee count at Qbit Labs is 76.
What is the annual revenue of Qbit Labs?
Annual revenue of Qbit Labs is $2.08M as on Mar 31, 2024.
What does Qbit Labs do?
Qbit Labs was founded in 2020 and is based in Delhi, India. Operations focus on providing a research laboratory dedicated to quantum computing, alongside diversified services in artificial intelligence. The company supports various applications within these sectors through its facilities and expertise. Key leadership includes co-founders Vivek Mani Tiwari and Pradeep Kumar, who oversee strategic directions in technology research and development.
Who are the top competitors of Qbit Labs?
Qbit Labs's top competitors include Quantum Delta, Quantum Catalyzer and QxBranch.
What products or services does Qbit Labs offer?
Qbit Labs offers Quantum Computing Services, AI and ML Services, IoT Solutions, Networking and Telecom Services, and Defence and Aerospace Solutions.