What Qkrishi does

Qkrishi Quantum Pvt Ltd is a quantum computing software company founded in 2021 and headquartered in Gurgaon, India, with additional operational presence in Amaravati (India) and Dallas (United States). The company is focused on applying quantum computing to the finance industry, developing proprietary quantum algorithms and a superconducting runtime layer to address portfolio optimization, fraud detection, and risk assessment problems for banks, insurers, and fintechs.

The core product portfolio centers on Quark-QOS, a superconducting quantum operating system that acts as a runtime layer for intelligent execution of quantum workloads; QFinBox, the world's first Quantum Finance Sandbox authorized by the International Financial Services Centres Authority (IFSCA) as a Fintech Entity; and the Quantum Industry Lab (QILab), a collaborative research initiative with finance industry partners and academia. Adjacent offerings include the SRM Qkrishi Centre of Excellence in Quantum Information and Computing (SQ-QuIC) with SRMIST, the Bose-Einstein Quantum Centre of Excellence with Chandigarh University under India's National Quantum Mission, and Qkrishi Learn, a self-paced learning portal. Published research spans QAOA and VQE formulations for Sharpe Ratio Maximization (ICRTAC 2023), quantum annealing for metro station placement, and post-quantum cryptography benchmarking using liboqs.

Qkrishi operates three revenue streams: paid skilling programs for students, faculty, and industry professionals via university partnerships (tiered one-time fees ranging from approximately Rs. 1,620 to Rs. 25,500 plus GST); managed sandbox and consulting services delivered to financial institutions through QFinBox; and collaborative research engagements with finance industry partners. The company has no disclosed external funding, a headcount in the 11-50 range, and is recognized as female-founded. Customers and engagement signals include QHack 2024 victory using NVIDIA CUDA-Q, third place in the Fujitsu $100,000 Quantum Simulator Challenge 2023, and hackathon placements across Canara Bank, TCS, and QETCI events.

Name

Qkrishi

Legal name

Qkrishi Quantum Pvt Ltd

Website

https://qkrishi.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Qkrishi is an India-based quantum computing software company founded in 2021 that builds quantum algorithms and the IFSCA-authorized QFinBox sandbox for financial institutions, alongside quantum skilling programs for students and industry professionals.

Ownership category

akta.pro rank

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D

Revenue model

1. Quantum Skilling Programs: Revenue from conducting quantum computing training courses for students, faculty, industry professionals, and managers. Courses range from introductory workshops to advanced management programs. Pricing varies by course duration and participant type (student, professional, corporate).
2. QFinBox Sandbox Services: Quantum finance sandbox for financial industry organisations to test and benchmark quantum solutions. Revenue generated from enabling financial institutions to adopt quantum computing.
3. Research and Consulting: Collaborative research engagements with industry partners on real-world quantum computing applications for finance sector.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Qkrishi develops quantum computing software and services for the financial industry. Its core products are Quark-QOS, a superconducting runtime layer for executing quantum workloads, and QFinBox, the world's first IFSCA-authorized quantum finance sandbox. It also runs the Quantum Industry Lab (QILab) for collaborative finance research and offers quantum skilling courses for students, faculty, and industry professionals in partnership with Indian universities.

Product overview

Qkrishi is a quantum computing technology company focused on the finance industry. The core portfolio consists of the Quark Quantum Operating System (Quark-QOS), a superconducting runtime layer for quantum workloads; QFinBox, the world's first quantum finance sandbox authorized by IFSCA; and the Qkrishi Quantum Industry Lab (QILab) for collaborative research with finance and academia. Supporting offerings include SQ-QuIC (SRM Qkrishi Centre of Excellence) and Qkrishi Learn self-paced learning portal. The company also offers comprehensive skilling programs including Quantum Computing for Managers, Introduction to Quantum Circuits, and workshops conducted in partnership with universities like SRMIST, IISER Tirupati, and BIMTECH.

Differentiator

Problem solved

Functional benefit

Brands

• Quark Quantum Operating System (Quark-QOS): A superconducting runtime layer that enables intelligent execution of quantum workloads with dynamic, runtime-optimized decision process.
• QILab (Quantum Industry Lab)
• QFinBox
• SQ-QuIC (SRM Qkrishi Centre of Excellence in Quantum Information and Computing)
• Qkrishi Learn

Products and services

• Quark Quantum Operating System (Quark-QOS) A superconducting runtime layer that enables intelligent execution of quantum workloads with dynamic, runtime-optimized decision processes; targeted at enterprises and research teams building quantum solutions for complex financial and industrial problems.
• QFinBox (Quantum Finance Sandbox) The world's first quantum finance sandbox, authorized by IFSCA, enabling banks, insurers, and other financial industry organisations to test and benchmark quantum computing solutions in a regulated environment.
• Qkrishi Quantum Industry Lab (QILab) A collaborative research initiative bringing together finance industry specialists and academic partners to explore integration of quantum computing, data science, and AI/ML for real financial challenges.
• Qkrishi Learn Self-paced learning portal offering quantum computing courses and educational content for students, faculty, engineers, scientists, and industry professionals.
• Quantum Computing for Managers (SQ-QuIC Quantum MDP) 12-week Management Development Program combining quantum research faculty with management faculty to deliver executive-level quantum computing education; targeted at managers, executives, and corporate cohorts.
• Introduction to Quantum Circuits (with edX) An online quantum circuits course delivered in partnership with SRM IST and edX, providing hands-on quantum circuit design training; targeted at students and working professionals seeking formal certification.
• Workshop on Quantum Computing (3-day) A 3-day online workshop on quantum computing run with SRM IST, priced at Rs. 2,100 per participant; targeted at students, faculty, and industry participants new to quantum.
• Introduction to Quantum Computing (3-day)

Quantifiable outcome

• Winners - QHack 2024
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Partnerships

Nine partnerships are on record, tiered flagship and core.

• SRMIST (SRM Institute of Science and Technology)flagshipStrategic or Co-development PartnerSRM Qkrishi Centre of Excellence in Quantum Information and Computing (SQ-QuIC) - First Quantum CoE in a Private University in India. Joint research, teaching, and industry collaboration on quantum computing applications in finance, drug discovery, logistics, and ML. Board includes Dr. C Muthamizhchelvan (Vice Chancellor), Dr. Shankar Venugopal (VP Mahindra & Mahindra), Shalaka Verma (Director Microsoft), and other industry leaders.
• IIIT KottayamcoreStrategic or Co-development PartnerMemorandum of Understanding for conducting research in quantum finance. Focus on interdisciplinary team from Physics, Chemistry, Mathematics, Management, and Engineering.
• Chandigarh UniversitycoreStrategic or Co-development PartnerBose-Einstein Quantum Centre of Excellence established in collaboration with QpiAI, QKrishi, and CSIR-National Physical Laboratory under the National Quantum Mission. Launched during India AI Fest 2026.
• IFSCA (International Financial Services Centres Authority)flagshipStrategic or Co-development PartnerAuthorized as FinTech Entity by IFSCA to develop QFinBox (Quantum Finance Sandbox) - World's first Quantum Finance Sandbox for enabling financial industry organisations to adopt quantum computing. Recognized by PM Modi at GIFT-IFSC launch.
• CSIR-National Physical LaboratorycoreStrategic or Co-development PartnerResearch collaboration in the Bose-Einstein Quantum Centre of Excellence for quantum technologies development.
• IISER TirupaticoreStrategic or Co-development PartnerJoint quantum computing course on Introduction to algorithms and implementations using Qiskit (May-July 2022). Faculty from IISER Tirupati taught alongside Qkrishi industry experts.
• Birla Institute of Management Technology (BIMTECH)coreStrategic or Co-development PartnerQuantum Computing for Managers - 12-week Management Development Program combining quantum research faculty with top management faculty. Also featuring experts from Microsoft, IBM, AWS, Avasant, Johnson Controls, IIT Delhi.
• QpiAIcoreStrategic or Co-development PartnerCo-partner in Bose-Einstein Quantum Centre of Excellence at Chandigarh University alongside QKrishi and CSIR-NPL.
• Finance Industry PartnerscoreTechnology or IntegrationCollaborates with prominent industry and academic partners in the finance sector to address real-world business challenges using quantum computing through Quantum Industry Lab.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Strangeworks: Quantum computing platform offering developer tooling, access to multiple quantum backends, and a community — overlaps with Qkrishi's Quark-QOS runtime, QQQ community, and multi-backend quantum access.
• Multiverse Computing: Spanish quantum software company focused specifically on quantum and quantum-inspired algorithms for finance (portfolio optimization, risk, fraud). The closest direct competitor to Qkrishi's quantum-for-finance thesis.
• QC Ware: Quantum software vendor building algorithms and SaaS tools for finance, chemistry, and optimization, including quantum Monte Carlo and ML kernels — directly comparable to Qkrishi's portfolio-optimization and fraud-detection use cases.
• 1QBit: Canada-based quantum software company historically focused on finance and optimization use cases, offering hardware-agnostic algorithms — overlaps with Qkrishi's Quark-QOS runtime and finance vertical strategy.
• Zapata Computing (Zapata AI): Quantum+classical software platform for enterprise optimization and ML, including finance customers. Comparable to Qkrishi as a hardware-agnostic quantum software layer for industrial workloads.
• Classiq: Quantum software company providing a high-level development platform and compiler for quantum algorithms — directly comparable to Qkrishi's Quark-QOS as a quantum software toolchain/runtime layer.

Regional players

• QpiAI: India-based quantum computing startup building quantum hardware and software; Qkrishi's co-partner in the Chandigarh University Bose-Einstein Quantum CoE and a fellow Indian deep-quantum player, so a regional/emerging peer rather than a head-to-head competitor.
• BosonQ Psi (BQP): India-based quantum software startup offering a SaaS platform for quantum-hybrid optimization across engineering and finance. Comparable to Qkrishi as another India-headquartered quantum software vendor targeting industrial workloads.

Broad incumbents

• Quantinuum: Large, well-capitalized full-stack quantum computing vendor (Honeywell + Cambridge Quantum) with significant finance, chemistry, and cybersecurity verticals. A broad incumbent whose quantum software stack competes with Qkrishi's Quark-QOS for enterprise mindshare.
• IBM Quantum: Global incumbent offering Qiskit, IBM Quantum Network, and enterprise quantum services heavily used in finance. Qkrishi's courses, Qiskit-based training, and Quark-QOS sit on top of an ecosystem largely shaped by IBM.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/qkrishi

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Qkrishi