About TAQBit
TAQBit is a Technology company based in Bengaluru (India) founded in 2018 by Sugata Sarkar, Sreeram Sreekrishna, and Animesh Aaryan. Data security solutions for enterprises are delivered via quantum technology. Its chief executive, as recorded, is Animesh Aaryan. Its Indian entity Taqbit Labs Private Limited reported revenue of ₹1.41 Cr. TAQBit offers products and services including Quantum Security Hardware and Quantum Security Software. Its focus areas include Enterprise Infrastructure, Cybersecurity, Data Security and Encryption.
Company details
TAQBit was established in 2018 in Bengaluru, India, as a provider of data security solutions leveraging quantum technology. Operations focus on enterprise-level protection against cyber threats through advanced encryption and quantum-resistant algorithms. Services include consulting, implementation, and maintenance for secure data handling in sectors like finance and healthcare. The company is led by co-founders including Animesh Aaryan as CEO.
- Headquarters Bengaluru, India
- Founders Sugata Sarkar, Sreeram Sreekrishna, Animesh Aaryan
- SectorsTechnology
- Email••••••••
- Website taqbit.com
- Legal Name Taqbit Labs Private Limited
- Date of Incorporation 19 Apr, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.41 Cr
FY 2022 · -10% YoY
- Net Loss-₹29.5 Lakh
FY 2022 · -21% margin
- EBITDA-₹20.3 Lakh
FY 2022 · -14% margin
- Investors
Associated legal entities of TAQBit
TAQBit operates through Taqbit Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Taqbit Labs Private Limited CIN U74999KA2018PTC112450 | Active | 19 Apr 2018 | Bangalore, Karnataka | ₹1.4 Cr | 2 | View details |
Products & Services of TAQBit
TAQBit offers a comprehensive portfolio of products and services, including Quantum Security Hardware and Quantum Security Software.
Hardware solutions for protecting digital assets using quantum physics.
Software for quantum encryption to mitigate hacking risks.
Funding Insights of TAQBit
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of TAQBit 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 |
|---|---|---|---|---|---|
| Oct 2017 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in TAQBit
TAQBit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include fintechvalleyvizag.com.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| fintechvalleyvizag.com |
Investor details for TAQBit
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 Taqbit Labs Private Limited (TAQBit)
Taqbit Labs Private Limited is the primary company behind TAQBit. The board of Taqbit Labs Private Limited currently have 2 directors; the longest-serving is Animesh Aaryan, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Animesh Aaryan DIN 08114769 | Director | 19 Apr 2018 | 8 yrs 6 mo | Taqbit Labs Private Limited |
| Shubham Saloni DIN 10311141 | Additional Director | 07 Sep 2023 | 3 yrs 1 mo | Taqbit Labs Private Limited |
People of TAQBit
3 people are tracked at TAQBit (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Sreeram Sreekrishna | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for TAQBit
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 TAQBit
Figures of Taqbit Labs Private Limited, the primary company behind TAQBit, for FY 2022. Revenue was ₹1.41 Cr (-10% year on year). Net loss was -₹29.5 Lakh (-21% margin). EBITDA was -₹20.3 Lakh (-14% margin). Revenue has grown at a compounded annual rate of +228% over three years.
- ₹1.41 CrRevenue · FY 2022 · -10% YoY
- -₹29.5 LakhNet loss · -21% margin
- -₹20.3 LakhEBITDA · -14% margin
- ₹4 LakhPaid-up capital
- +228%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Taqbit Labs Private Limited are on its company page.
Detailed financial statements for TAQBit
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 TAQBit
2 dated milestones of TAQBit across 1 years, from founding to its latest funding, stage changes and deals.
- Funding First funding round.
- Founded TAQBit is founded.
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Frequently Asked Questions about TAQBit
TAQBit was founded in 2018.
TAQBit is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Animesh Aaryan is the CEO of TAQBit, as recorded in our data. They have also founded this company.
The primary company behind TAQBit, Taqbit Labs Private Limited, reported revenue of ₹1.41 Cr for FY 2022, down 10% year on year.
TAQBit was established in 2018 in Bengaluru, India, as a provider of data security solutions leveraging quantum technology. Operations focus on enterprise-level protection against cyber threats through advanced encryption and quantum-resistant algorithms. Services include consulting, implementation, and maintenance for secure data handling in sectors like finance and healthcare. The company is led by co-founders including Animesh Aaryan as CEO.
TAQBit offers Quantum Security Hardware and Quantum Security Software.
TAQBit has 1 investor. Key investors include fintechvalleyvizag.com.
TAQBit operates through Taqbit Labs Private Limited.
The legal entities of TAQBit currently have 2 directors, including Shubham Saloni, Animesh Aaryan.