QpiAI is an Indian deep-tech startup founded in 2019 by Dr. Nagendra Nagaraja, focused on the convergence of artificial intelligence and quantum computing. Headquartered in Bengaluru, the company is building what it describes as India's first full-stack quantum-AI platform, controlling the entire stack from quantum hardware to AI software so that enterprises can run quantum-accelerated workloads inside data centers.
The company's ambitions span both hardware and software. On the hardware side, QpiAI has developed a 25-qubit superconducting quantum processor and laid out a roadmap toward larger systems, named after Indian rivers and peaks, scaling to 64, 128, 256, and eventually 1,000 qubits, with a stated goal of 100 logical qubits by 2029. It builds its own control electronics, system software, compilers, and AI workflows in-house. On the software side, QpiAI offers AI and quantum-AI tools aimed at enterprise optimization, drug discovery, materials, finance, and other compute-intensive domains.
QpiAI raised a $32 million Series A in July 2025, led by Avataar Ventures together with India's Department of Science and Technology under the National Quantum Mission, valuing the company at roughly $162 million. The government backing underscores QpiAI's role in India's national quantum strategy and provides capital to accelerate delivery of a utility-scale quantum computer and expand globally.
QpiAI's differentiation is its rare full-stack approach, owning hardware, software, and AI integration, paired with strong national-mission support. The risks are substantial: quantum computing remains nascent, capital-intensive, and technically uncertain, with long timelines to commercial utility.
For enterprises, researchers, and governments betting on quantum-accelerated AI, QpiAI is one of India's most ambitious deep-tech ventures.