Budget 2025: Rahil Patel, Chief Growth Officer, QNu Labs on Deep Tech Fund

QNu Labs Chief Growth Officer Rahil Patel shared his perspective on the Union Budget 2025's deep-tech fund announcement, framing it as a pivotal moment for India's quantum security and deep-technology startup ecosystem. The deep-tech fund addresses a longstanding structural gap in India's innovation financing landscape, where capital-intensive, long-gestation companies in quantum, semiconductor, and advanced materials have historically struggled to attract patient private capital during pre-commercial stages. The quantum security sector, in particular, requires sustained R&D investment across hardware, software, and cryptographic protocol development over timelines extending beyond typical venture capital horizons. Patel highlighted that the budget signal creates a more enabling environment for quantum startups to scale domestically without premature pressure to achieve commercial milestones before the technology is ready for widespread adoption. He also noted the alignment between the deep-tech fund and the National Quantum Mission's objectives together creating a complementary funding architecture covering both early-stage research and later-stage commercial deployment. For QNu Labs, the announcement validates its approach of building physics-based, production-ready quantum security solutions in India and reinforces confidence that the government views quantum security as a long-term national infrastructure priority.

Source:

The Hindu - Essential financial support to startups in quantum computing, AI, and advanced semiconductors

Dailyhunt - Budget 2025 Quote | Rahil Patel, CGO of QNu Labs on Deep Tech Fund

Business Line - Budget 2025 Quote | Rahil Patel, CGO of QNu Labs on Deep Tech Fund