QpiAI secures Rs 50 Cr debt from InnoVen Capital for quantum and AI R&D

Bengaluru-based QpiAI raised Rs 50 crore in debt funding, adding to $38.5 million in prior equity, as India accelerates investment in quantum and AI technologies. For deeptech founders, this signals that patient, debt-backed capital is available for frontier R&D—but debt investors expect a path to revenue, not just labs.

Source: YourStory ↗