QNu Labs targets ₹80 crore revenue in FY27
In short
QNu Labs said it wants ₹80 crore of revenue in FY27 and expects a ₹10-15 crore pipeline for QShield 2.0. The company said IBM is its biggest global competitor in this area.
It says its edge is a full stack of products and services. The reporting does not say current revenue or whether the pipeline will turn into sales soon.
What the reporting says
QNu Labs said it is targeting ₹80 crore revenue in FY27 and sees a ₹10-15 crore QShield 2.0 pipeline. The company also said IBM is its biggest global competitor in the segment and that its differentiation comes from a full lifecycle stack spanning entropy services, discovery, PKI and QVault components. The reporting does not state current revenue or how quickly the pipeline may convert.
Why it matters
QNu Labs said it is targeting ₹80 crore revenue in FY27 and sees a ₹10-15 crore pipeline for QShield 2.0. Co-founder Sunil Gupta said IBM is the company’s biggest global competitor in the segment and pointed to its full lifecycle stack as the differentiator. The reporting does not confirm current sales or profitability, so the near-term implication is an expansion target rather than a verified financial outcome.