About QDIT Labs
QDIT Labs is a company based in Bengaluru (India) founded in 2018 by Bilesh Prasad and Animesh Aaryan. It operates as a AI-as-a-Service and Professional Services. QDIT Labs has raised $350.5 thousand across 1 funding round from investors including Suchindran Ramachandran. QDIT Labs offers products and services including Qboid, Quantro (QRNG), QuRE, Quantum VPN, and QuantKeys. QDIT Labs operates in a competitive market with competitors including QNu Labs, QuSecure, Crypto Quantique, evolutionQ and ISARA, among others.
- Headquarter Bengaluru, India
- Founders Bilesh Prasad, Animesh Aaryan
- Stage Minicorn
- SectorsTechnology
- Phone•••• ••••
- Website qditlabs.com
- Legal Name Qdit Labs Pvt Ltd
- Date of Incorporation 22 Feb, 2023
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹41.3 Lakh
FY 2024
- Net Loss-₹2.62 Cr
FY 2024 · -635% margin
- EBITDA-₹2.55 Cr
FY 2024 · -618% margin
- Total Equity Funding$350.5K (USD)
in 1 rounds
- Latest Funding Round$350.5K (USD), Seed
Apr 2023
Associated legal entities of QDIT Labs
QDIT Labs operates through Qdit Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Qdit Labs Private Limited CIN U62099KA2023PTC170776 | Active | 22 Feb 2023 | Bangalore, Karnataka | ₹0.4 Cr | – | 2 | View details |
Products & Services of QDIT Labs
QDIT Labs offers a comprehensive portfolio of products and services, including Qboid, Quantro (QRNG), QuRE, Quantum VPN, and QuantKeys.
Quantum keys are distributed via secure quantum channels.
High entropy is achieved with quantum random numbers.
Post-quantum cryptography is offered for dual protection.
Data privacy is ensured with advanced quantum VPN.
High entropy keys are provided for secure systems.
Funding Insights of QDIT Labs
QDIT Labs has successfully raised a total of $350.5K through 1 strategic funding round. The most recent funding activity was a Seed round of $350.5 thousand completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $350,500
- Total Rounds 1
- Last Round Seed — $350,500
- First Round $350,500
(Apr 2023)
- Investors Count 1
All 1 funding rounds of QDIT Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2023 | $350,500 | Seed | $10.89M | Suchindran Ramachandran | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2023 | $10.89M | •••••••• |
Last known valuation $10.89M (Apr 2023). 1 investors in total: 0 institutional and 1 angel.
Investors in QDIT Labs
QDIT Labs has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Suchindran Ramachandran.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SR Suchindran Ramachandran | - | – | unknown_c194aee674214a319 | - |
Investor details for QDIT Labs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Qdit Labs Private Limited (QDIT Labs)
Qdit Labs Private Limited is the primary company behind QDIT Labs. The board of Qdit Labs Private Limited currently have 2 directors; the longest-serving is Prasad Bilesh, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prasad Bilesh DIN 10052670 | Director | 22 Feb 2023 | 3 yrs 7 mo | Qdit Labs Private Limited |
| Animesh Aaryan DIN 08114769 | Director | 08 Mar 2023 | 3 yrs 7 mo | Qdit Labs Private Limited |
People of QDIT Labs
2 people are tracked at QDIT Labs (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CBO | Leadership | |
| Founder, CEO & CTO | Leadership |
Complete people profiles for QDIT Labs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of QDIT Labs
Figures of Qdit Labs Private Limited, the primary company behind QDIT Labs, for FY 2024. Revenue was ₹41.3 Lakh. Net loss was -₹2.62 Cr (-635% margin). EBITDA was -₹2.55 Cr (-618% margin).
- ₹41.3 LakhRevenue · FY 2024
- -₹2.62 CrNet loss · -635% margin
- -₹2.55 CrEBITDA · -618% margin
- ₹1.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Qdit Labs Private Limited are on its company page.
Detailed financial statements for QDIT Labs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of QDIT Labs
3 dated milestones of QDIT Labs across 5 years, from founding to its latest funding, stage changes and deals.
- Founded QDIT Labs is founded.
- Funding First funding round of $350K.
- Milestone Reaches Minicorn status.
Competitors of QDIT Labs
QDIT 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 QNu Labs, QuSecure, Crypto Quantique, evolutionQ and ISARA, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| qnulabs.com | 2016 | Bengaluru, India | $22.25M | 101 | Cloud-based quantum cryptography solutions for secure communication are developed. | |
| qusecure.com | 2019 | San Mateo, United States | $28M | – | Provider of quantum security management solutions | |
| cryptoquantique.com | 2016 | London, United Kingdom | $8M | 29 | Quantum-resistant cybersecurity solutions are developed for IoT and semiconductors. | |
| evolutionq.com | 2015 | Waterloo, Canada | $6.05M | 49 | Quantum-safe cybersecurity software for QKD networks is provided. | |
| isara.com | 2015 | Waterloo, Canada | $10M | – | Post-quantum encryption-based data security solution | |
| tuneinsight.com | 2020 | Lausanne, Switzerland | $3.4M | – | AI-based threat intelligence and secure collaboration platforms are offered. | |
| cryptonext-security.com | 2019 | Paris, France | $12.08M | – | Quantum cryptography solutions for data security are offered. | |
| ironcorelabs.com | 2015 | Boulder, United States | $6.27M | – | End-to-end encryption software for secure data transfer is provided. | |
| ntru.com | 1996 | Wilmington, United States | $37.1M | – | Quantum-resistant encryption for embedded security is developed. | |
| sitehop.com | 2021 | Sheffield, United Kingdom | $16.39M | 7 | Network security solutions for enterprises are provided via hardware enforcement. |
Detailed competitors of QDIT Labs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to QDIT Labs
10 companies that operate in the same segment as QDIT Labs (Neuromorphic & Quantum Computing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Full-stack quantum computing solutions using superconducting qubits are developed. | 2013 | Berkeley, California, United States | USD 195.62 M | USD 7.09 M | 140 | |
Photon-based universal quantum computers are developed for error correction. | 2015 | Palo Alto, California, United States | USD 2.32 B | USD 1.04 M | 12 | |
Universal quantum computers using trapped-ion technology are provided via cloud. | 2015 | College Park, Maryland, United States | USD 86 M | USD 43.07 M | 407 | |
Cloud-based quantum cryptography solutions for secure communication are developed. | 2016 | Bengaluru, Karnataka, India | USD 43.25 M | USD 102.62 K | 58 | |
Integrated universal quantum computers and software are developed. | 1999 | Burnaby, British Columbia, Canada | USD 210.36 M | USD 8.83 M | 220 | |
Universal quantum computers are developed using optically trapped neutral atoms. | 2018 | Berkeley, California, United States | USD 201.2 M | – | – | |
System-on-chips for quantum computing applications are provided. | 2019 | Elmsford, New York, United States | USD 64.26 M | – | 13 | |
Superconducting quantum computers are developed with advanced processors and operations. | 2018 | Espoo, Finland | USD 526.89 M | – | – | |
Application-oriented research is conducted in bioeconomy, AI, and climate technologies. | 1949 | Darmstadt, Hesse, Germany | USD 23.27 M | – | – | |
Quantum computers are provided using superconducting qubits and trapped ions. | 2019 | Harrogate, United Kingdom | USD 38.76 M | – | 13 |
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Frequently Asked Questions about QDIT Labs
QDIT Labs was founded in 2018 and raised its 1st funding round 5 years after it was founded.
QDIT Labs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Animesh Aaryan is the current CEO of QDIT Labs. They have also founded this company.
QDIT Labs is a funded company, having raised a total of $350.5K across 1 funding round to date. The company's 1st funding round was a Seed of $350.5K, raised on Apr 2023.
The primary company behind QDIT Labs, Qdit Labs Private Limited, reported revenue of ₹41.3 Lakh for FY 2024.
Quantum security solutions are developed and offered by QDIT Labs to protect infrastructure against quantum computing threats. Services and products are focused on encryption, quantum key generation, and distribution. The company operates in the cybersecurity sector, specializing in quantum resilience technologies. Innovative solutions such as quantum VPNs and random number generators are provided to ensure data security in the quantum era.
QDIT Labs's top competitors include QNu Labs, Crypto Quantique and QuSecure.
QDIT Labs offers Qboid, Quantro (QRNG), QuRE, Quantum VPN, and QuantKeys.
QDIT Labs has 1 investor. Key investors include Suchindran Ramachandran.
The valuation of QDIT Labs is $10.89M as of Apr 2023.
QDIT Labs operates through Qdit Labs Private Limited.
The legal entities of QDIT Labs currently have 2 directors, including Animesh Aaryan, Prasad Bilesh.