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Technology Development Board (TDB), Department of Science & Technology (DST), Government of India

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Announcements & other updates

Government provides ₹150 crore to QNu Labs for quantum-secure technology

The Technology Development Board (TDB) of the Department of Science & Technology announced on 16 October 2026 that it has signed an agreement to provide ₹150 crore in financial support to QNu Labs Private Limited. This funding, provided as Optionally Convertible Debt, is part of a ₹300 crore project to build an indigenous technology backbone for India’s Quantum Secure and Sensing Networks (IQSN).

Read the explainer Press release 2324307Official release from pib.gov.in ↗
Source details
Issued by
Technology Development Board (TDB), Department of Science & Technology (DST), Government of India
Published on
Press Information Bureau, pib.gov.in (Press releases)
File hosted on
www.pib.gov.in, the government's file server for pib.gov.in
Dated
16 October 2026
The link opens
The original press release on the government website, in a new tab, unchanged.
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October 20261 item

Government services
Announcements & other updates

Government provides ₹86 crore to accelerate AI-driven drug discovery

The Technology Development Board (TDB) of the Department of Science & Technology announced on 12 October 2026 that it has signed an agreement to provide ₹86 crore in financial support to Peptris Technologies Private Limited. This funding, provided as Optionally Convertible Debt under the Research Development and Innovation (RDI) Fund, supports the VIGOR programme which has a total cost of ₹172 crore.

Who it affects
private company
When · Where
Over three years: development programme encompassing preclinical and IND-enabling studies · Bengaluru, Karnataka
Press release 2322077Official release from pib.gov.in ↗ Explainer
Source details
Issued by
Technology Development Board (TDB), Department of Science & Technology (DST), Government of India
Published on
Press Information Bureau, pib.gov.in (Press releases)
File hosted on
www.pib.gov.in, the government's file server for pib.gov.in
Dated
12 October 2026
The link opens
The original press release on the government website, in a new tab, unchanged.
Our check
Drafted from the release text and checked by software. Not yet reviewed by a person.