About Qt Group
Qt Group is a publicly listed company based in Helsinki (Finland) founded in 1995, and was acquired by Digia in August 2012. Cross-platform user interface and application development for desktop and embedded platforms. Qt Group has raised $6.7 million across 2 funding rounds from investors including Nokia, Digia and European Union. The company has 19 employees. Qt Group has completed 2 acquisitions, including Axivion and Froglogic. Its chief executive, as recorded, is Juha Varelius. Its website qt.io draws about 1.2 million monthly visits. Its Indian entity Qt India Technology Private Limited reported revenue of ₹14.77 Cr. Its focus areas include Enterprise Infrastructure, Application Development Tools, Code Development and Integrated Development Environment.
Company details
Founded in 1995 and headquartered in Helsinki, Finland, Qt Group operates in the software development sector. An application framework is provided to enable open-source and commercial developers to create user interfaces and applications for desktop operating systems, embedded Linux, and Windows-based consumer electronics. Support, maintenance, and training services are also offered to users worldwide.
- Indian entity revenue₹14.77 Cr
FY 2025 · +33% YoY
- Indian entity net profit₹1.44 Cr
FY 2025 · 10% margin
- Indian entity EBITDA₹2.05 Cr
FY 2025 · 14% margin
- Total Equity Funding$6.7M (USD)
in 2 rounds
- Latest Funding Round$312.62K (USD), Grant
Jan 2017
- InvestorsNokia
& 5 more
- Employee Count19
- Investments & AcquisitionsAxivion
& 1 more
- Acquired by
Associated legal entities of Qt Group
Qt Group operates through Qt India Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Qt India Technology Private Limited CIN U72900KA2019FTC124986 | Active | 06 Jun 2019 | Bangalore, Karnataka | ₹14.8 Cr | 19 | 2 | View details |
Apps and channels of Qt Group
its YouTube channel Qt Group has 1.28K subscribers and 30 videos.
Videos from Qt Group
The most watched videos on Qt Group's YouTube channel, Qt Group (1.28K subscribers). Click a video to play it here.
More on Qt Group.
Funding Insights of Qt Group
Qt Group has successfully raised a total of $6.7M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $312.62 thousand completed in January 2017. 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 $6.7M
- Total Rounds 2
- Last Round Grant — $312,619
- First Round $6.7M
(May 2005)
- Investors Count 4
All 2 funding rounds of Qt Group 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 |
|---|---|---|---|---|---|
| Jan 2017 | $312,619 | Grant | – | – | |
| May 2005 | $6.7M | Series B | – | Index Ventures |
6 investors in total: 6 institutional.
Investors in Qt Group
Qt Group has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Nokia, Digia and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology startups and entrepreneurs. | indexventures.com | |||
| teknoinvest.com | ||||
Early-stage startups are funded by Northzone venture capital. | northzone.com | London, United Kingdom | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Hardware and software solutions for telecommunications are provided by Nokia. | 1865 | nokia.com | United States | |
Software development services including design, integration, and testing are provided. | 2005 | digia.com | Helsinki, Finland |
Investor details for Qt Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Qt India Technology Private Limited (Qt Group)
Qt India Technology Private Limited is the primary company behind Qt Group. The board of Qt India Technology Private Limited currently have 2 directors; the longest-serving is Thilak Kumar Ramanna, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Thilak Kumar Ramanna DIN 08474014 | Director | 06 Jun 2019 | 7 yrs 4 mo | Qt India Technology Private Limited |
| Mika Tapio Palsi DIN 08474013 | Director | 06 Jun 2019 | 7 yrs 4 mo | Qt India Technology Private Limited |
People of Qt Group
206 people are tracked at Qt Group (53 in leadership, 4 in board & advisors, 149 in team); the tracked headcount is 19.
| Name | Role | Group |
|---|---|---|
Juha Varelius | CEO | Leadership |
Erik Rehn | Senior Vice President, Sales And Business Operations | Leadership |
Katja Kumpulainen | Senior Vice President, Marketing | Leadership |
Volker Wenzel | Account Director, Key Accounts | Leadership |
Petri Maanonen | Director, Product Management Office | Leadership |
Janne Nylund | Vice President, Renewal Sales | Leadership |
Sophie A. | Managing Counsel | Leadership |
Arne Wenzel | Director R&d QA | Leadership |
Alex Blasche | Director, R&d | Leadership |
Volker Hilsheimer | Director R&d, Graphics & UI | Leadership |
Ippei Sugita | Director Of Professional Services | Leadership |
Salvatore Palma | Director Sales, Enterprise Acquisition | EMEA | Leadership |
Heikki Kokkonen | Senior Director, Sales Excellence | Leadership |
Jason Xu | Head Of Qt China | Leadership |
Ian Hui | Vice President, APAC | Leadership |
Juhapekka Niemi | Executive Vice President | Leadership |
Santtu Ahonen | Director Of Portfolio, Product Management | Leadership |
Sondre Ager-Wick | Director Of User Experience | Leadership |
Atte Pihlava | Director, QA Tools Product Business Line | Leadership |
Salla Venäläinen | Marketing Director | Leadership |
186 more people are available in the full profile.
Complete people profiles for Qt Group
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IPO & Listings of Qt Group
Qt Group is a publicly listed company on the OMXHEX with ticker symbol QTCOM in Finland, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date02 May 2016
- Listed onOMXHEX: QTCOM
- Listed entityQt Group Plc
- Exchange sectorTechnology services
- ISINFI4000198031
- Share price33.00 EUR (-0.3% on the day) · 2026-10-14
- Market capitalisation832,927,084.00 EUR
- Price to earnings36.7
- EPS (diluted, trailing year)0.90 EUR
- Volume (last session)3,328
Financials of Qt Group
Figures of Qt India Technology Private Limited, the primary company behind Qt Group, for FY 2025. Revenue was ₹14.77 Cr (+33% year on year). Net profit was ₹1.44 Cr (10% margin). EBITDA was ₹2.05 Cr (14% margin). Revenue has grown at a compounded annual rate of +59% over three years.
- ₹14.77 CrRevenue · FY 2025 · +33% YoY
- ₹1.44 CrNet profit · 10% margin
- ₹2.05 CrEBITDA · 14% margin
- ₹10 LakhPaid-up capital
- 19Employees (provident fund records)
- +59%Revenue CAGR, 3 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 216.3M EUR | 31.8M EUR | 55.3M EUR |
| 2024 | 209.1M EUR | 57.3M EUR | 74.6M EUR |
| 2023 | 180.7M EUR | 35.5M EUR | 58.2M EUR |
| 2022 | 155.3M EUR | 34.3M EUR | 45.4M EUR |
| 2021 | 121.1M EUR | 22.4M EUR | 33.1M EUR |
Balance sheet, profit and loss, cash flow and ratios of Qt India Technology Private Limited are on its company page.
Detailed financial statements for Qt Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Qt Group
Qt Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Axivion and Froglogic.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of IT service suite solutions | axivion.com | Germany | 2006 | Aug 2022 | •••• | |
Cross-platform GUI test automation tools are developed and offered. | froglogic.com | Hamburg, Germany | 2003 | Apr 2021 | •••• |
Complete acquisition details for Qt Group
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Timeline of Qt Group
8 dated milestones of Qt Group across 27 years, from founding to its latest funding, stage changes and deals.
Web traffic of Qt Group
The website of Qt Group (qt.io) receives about 1.2M visits a month and ranks #38,797 among all websites worldwide, #4,778 in Programming and Developer Software.
- Monthly visits1.2M
▼ 4.3% vs previous month
- Unique visitors442.9K
per month
- Global rank#38,797
among all websites
- Category rank#4,778
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate38%
- Pages per visit4.4
- Average visit3 min 35 sec
- DevicesDesktop 72% · Mobile 28%
Websites whose visitors overlap most with Qt Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
pythonguis.com | pythonguis.com | 100% | #194,583 | – | |
| stackoverflow.com | 96% | 45.7M | #1,565 | View details | |
| pypi.org | 86% | #12,379 | View details | ||
| github.com | 84% | 542.6M | #65 | View details | |
| sourceforge.net | 83% | 21.2M | #2,042 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Qt Group
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Related news about Qt Group
Complete news archive for Qt Group
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Frequently Asked Questions about Qt Group
Qt Group was founded in 1995 and raised its 1st funding round 10 years after it was founded.
Qt Group is headquartered in Helsinki, Finland.
Juha Varelius is the CEO of Qt Group, as recorded in our data.
Qt Group is a funded company, having raised a total of $6.7M across 2 funding rounds to date. The company's 1st funding round was a Series B of $6.7M, raised on May 2005.
Qt Group has 19 employees.
The primary company behind Qt Group, Qt India Technology Private Limited, reported revenue of ₹14.77 Cr for FY 2025, up 33% year on year.
Founded in 1995 and headquartered in Helsinki, Finland, Qt Group operates in the software development sector. An application framework is provided to enable open-source and commercial developers to create user interfaces and applications for desktop operating systems, embedded Linux, and Windows-based consumer electronics. Support, maintenance, and training services are also offered to users worldwide.
Yes, Qt Group is publicly traded on OMXHEX under the ticker symbol QTCOM.
Qt Group has 6 investors. Key investors include Nokia, Digia, European Union, Index Ventures, and TeknoInvest.
Qt Group operates through Qt India Technology Private Limited.
Yes. Qt Group was acquired by Digia in August 2012.