🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
National Quantum Mission to extend grants to 15 startups: chairman Ajai Chowdhury
Economic Times
·
11m ago
Medial
The National Quantum Mission plans to provide funding to around 15 start-ups, encouraging them to expand globally. The mission aims to attract investment from software companies in various quantum technologies, particularly cryptography. The Chairman of the National Quantum Mission Governing Board, Ajai Chowdhury, expressed surprise at the number of start-ups already involved in quantum technologies and emphasized the goal of helping Indian products reach a global level. Grants will be awarded to selected start-ups within the next three months. Thematic parks will also be established to bring together researchers in the fields of computing, communication, sensing, and materials.
View Source
1
Related News
India's National Quantum Mission, Led by Ajai Chowdhry
deepnewz
·
1y ago
Medial
India's National Quantum Mission, led by Ajai Chowdhry, has received a boost of Rs 6,000 crore. The mission emphasizes the need for quantum readiness and security. The goal is to integrate startups and financial institutions to stay ahead in the global quantum race.
View Source
National Quantum Mission to Award Grants to 10-15 Startups in Quantum Technology: Report
OutlookIndia
·
7m ago
Medial
The National Quantum Mission (NQM) plans to offer grants to 10-15 quantum technology start-ups, aiming to boost research and development in the field. The mission, which received government funding of INR 6,003.65 crore last year, aims to create a vibrant ecosystem in quantum technology and support sectors such as communication, health, finance, energy, drug design, and space applications. The initiative will also set up four thematic hubs in leading academic and national R&D institutes to focus on quantum computing, sensing, metrology, and materials and devices.
View Source
Developing and Controlling Quantum Technology is A Necessity, Not A Choice, For India: Principal Scientific Advisor, GoI
OutlookIndia
·
3m ago
Medial
India must develop and control quantum technology due to its strategic importance in sectors like defense, highlighted by Dr. Ajay Sood, Principal Scientific Advisor to the Government of India. Speaking at the International Quantum Conclave, he emphasized the significance of the National Quantum Mission, featuring 170 scientists across 17 states. The mission supports startups and focuses on quantum-safe cryptography for vulnerable sectors, aiming to position India as a global player in the quantum technology supply chain.
View Source
India quantum startups win record grants; move closer to real-world applications
Livemint
·
3m ago
Medial
India's National Quantum Mission (NQM) is investing up to ₹30 crore each in eight quantum technology startups to bolster the country's quantum capabilities. The selected startups, focusing on diverse applications like quantum computing, sensing, and communication, receive funding to advance their technologies. This initiative signifies a shift towards supporting deep-science ventures in India, aiming for potential long-term innovation impacts. NQM's strategic approach couples financial backing with mentorship, fostering both technological and business viability.
View Source
India must build human resources in quantum technology: Principal scientific advisor
Economic Times
·
1y ago
Medial
India needs to invest heavily in developing human resources in quantum technology, according to Ajay Kumar Sood, Principal Scientific Advisor to the government. Sood emphasized the need for professionals in the nascent field and stressed the importance of higher education and specialized training programs. He also highlighted the need for domestic manufacturing capabilities for quantum computing equipment, which is currently mostly imported. India's pre-mission programs have already fostered a community of about 150-200 quantum researchers, and the government aims to support startups through the National Quantum Mission. The mission's goals include developing quantum computers, secure communications, and advanced quantum technologies.
View Source
Start-ups, Academia Key to Security of India’s Communication Infrastructure: Telecom Secretary
OutlookIndia
·
3m ago
Medial
The Indian government is emphasizing the critical role of startups and academia in securing the country's communication infrastructure. Neeraj Mittal, Secretary of the Department of Telecommunications, highlighted the support provided to startups through various schemes. Collaboration with premier institutions like IITs and ISRO is crucial. The United Nations has declared 2025 as the International Year of Quantum Science and Technologies, underscoring the transformative potential and security challenges of quantum technology. The National Quantum Mission seeks to advance quantum technology research and development.
View Source
Centre Greenlights INR 50 Lakh Grants Each For 7 Startups In Technical Textiles To Boost Innovation
Inc42
·
1y ago
Medial
The Centre has approved grants of INR 50 Lakh each for seven startups in the technical textiles sector under the National Technical Textiles Mission. The initiative aims to support innovation and sustainability. Eight startup proposals have been approved so far, focusing on areas such as sustainability, composites, high-performance textiles, meditech, and smart textiles. These grants are expected to drive advancements in these sectors.
View Source
Karnataka announces Rs 1,000 crore Quantum Mission, VC fund for startups - The Economic Times
Economic Times
·
8d ago
Medial
The Karnataka government has launched a Rs 1,000 crore Quantum Mission to establish a $20 billion quantum economy by 2035, aiming to make the state the "Quantum Capital of Asia." Initiatives include a Quantum Venture Capital Fund backing over 100 startups, a Quantum Hardware Park, and innovation zones. The mission will create 10,000 jobs, pilot applications in multiple sectors, and develop 1,000-qubit quantum processors, enhancing governance and various industries.
View Source
India needs multi-pronged approach to tap quantum computing potential: Niti Aayog paper
Economic Times
·
5m ago
Medial
India must adopt a multi-pronged strategy to harness quantum computing's potential while ensuring national security, according to a NITI Aayog research paper. The report highlights the need for bilateral partnerships and a strategic framework to address quantum computing's opportunities and threats. It emphasizes deep collaboration between government, industry, and academia, along with investing in indigenous capabilities. The National Quantum Mission aims to build a domestic quantum technology ecosystem, essential for maintaining competitiveness and security in the evolving quantum landscape.
View Source
Cyber security firm QNu Labs bags Rs 60 crore from govt's NQM, others
Economic Times
·
3m ago
Medial
Bengaluru-based QNu Labs, a quantum cybersecurity startup, raised Rs 60 crore in a Series A round led by the National Quantum Mission (NQM), marking the government's first strategic investment in a private deep tech startup focused on quantum communications. The startup, incubated at IIT-Madras, offers quantum key distribution (QKD) systems and post-quantum cryptography (PQC) tools to secure sensitive data against potential quantum computer threats. Total funding for QNu Labs now amounts to $20 million.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
