Location
Bengaluru, Karnataka
Year Founded
2023
Sector
Quantum Technology
Seafund Entry
May 2026
SUBSector
Quantum Security, Space Infrastructure
cOINVESTORS
Rebalance, Magnivia Ventures (Peaceful Progress Fund), Other Angel Investors
Company Overview
Pramatra Space is building hybrid satellite and terrestrial Quantum Key Distribution (QKD) systems to enable quantum-secure communications for enterprises and critical infrastructure. The company develops integrated photonics-based solutions that securely generate and distribute encryption keys, helping organizations prepare for the post-quantum era. Its technology combines proprietary photonics chips, satellite infrastructure, and key management systems to create scalable quantum-safe networks.
PROBLEM STATEMENT
Current encryption systems that protect banking, defence, telecom, and enterprise networks are vulnerable to future quantum computing advancements. As quantum computers become more powerful, existing cybersecurity infrastructure will require new methods of securing sensitive data. There is a growing need for quantum-resilient communication networks that can securely distribute encryption keys at scale across geographies.
investment rationalE
Large and emerging market driven by increasing global focus on quantum-safe cybersecurity and critical infrastructure protection. Strong technology differentiation through an integrated approach spanning photonics chips, hardware, and satellite-enabled key distribution networks. Deep technical expertise across quantum technologies, defence systems, and space infrastructure. Successful validation of its proprietary QKD chip at IIT Madras demonstrates strong execution capability and technological depth.
FOUNDER BACKGROUND
Richa Hukumchand
Founder & CEO
17+ years of experience across defence, space technology, and product development, having worked with DRDO, TCS, Cropin, and Pixxel Space. Alumna of NIT Bhopal and IIT Bombay.
Vinay Hukumchand
Co-Founder & COO
Experienced business leader with expertise in commercialization, partnerships, and strategy across Deloitte, AstraZeneca, DaVita, and DoCon Technologies. Alumnus of St. Stephen's College, JNU, and ISB Hyderabad.