India, April 30 -- Quantum cybersecurity startup QNu Labs has secured INR 60 Cr (around $7 Mn) in Series A funding round led by the National Quantum Mission (NQM).

The round also saw participation from marquee investors, including Lucky Investment, Speciale Invest, Tenacity Ventures and Singularity AMC.

The startup plans to deploy the fresh proceeds to scale up its commercial operations, boost research and development capabilities and foster global partnerships in quantum-safe communications.

Additionally, the capital would also fuel the startup's global rollout of its quantum security-as-a-service platform, QShield.

Founded and incubated in 2016 at IIT Madras Research Park, QNu Labs offers quantum and post-quantum cryptography soluti...