Accelerating homegrown innovation in quantum computing, AI, and advanced defence tech, Eight Indian startups bag up to ₹300 million under the National Quantum Mission.
Recently, eight deep-tech startups have been granted up to ₹300 million each under the first phase of the National Quantum Mission (NQM). According to a Mint report, Ajai Chowdhry, chairman of the mission governing board of the National Quantum Mission and of EPIC Foundation, sees this initiative as the largest direct government funding ever given to early-stage ventures in the country.
Launched in 2023 with a total allocation of ₹60.03 billion, the NQM aims to strengthen India’s quantum computing, communication, sensing, and materials science capabilities.
Over 100 startups applied for the first phase, with 32 shortlisted and eight selected for immediate funding. A second batch is expected to be announced later this month, with up to 16 additional startups potentially receiving support by year-end.
The selected ventures are developing cutting-edge quantum technologies. Bengaluru’s QNu Labs is creating secure quantum communication systems. QPiAI India has developed a 25-qubit superconducting quantum computer. Pune’s QuPrayog is working on optical atomic clocks for advanced meteorological use.
Other recipients include Dimira Technologies at IIT-Bombay, building cryogenic cables for quantum systems, and Prenishq at IIT-Delhi, designing precision laser systems. Delhi-based Quanastra is developing cryogenic and superconducting detectors, while Ahmedabad’s Pristine Diamonds is creating diamond-based materials for quantum sensing.
On the other hand, Quan2D Technologies in Bengaluru is building next-gen single-photon detectors for quantum networks.
These grants offer early-stage companies two to three years of financial runway without equity dilution. The government has mandated that funded startups be at least 51 per cent Indian-owned and based in India to ensure that intellectual property remains within the country.
Applications are now accepted monthly, with results announced quarterly. Startups must demonstrate progress through working prototypes and IP filings. Each proposal is reviewed for technical feasibility and business viability, with mentorship provided through thematic hubs.
India is now the sixth country globally to launch a national-level quantum programme, joining the US, UK, China, Germany, and Canada.
