The Quantum Foundry

The Quantum Foundry

Share this post

The Quantum Foundry
The Quantum Foundry
Tech Mahindra Inks MoU with IQM Quantum Computers for Research in Quantum Computing
Copy link
Facebook
Email
Notes
More

Tech Mahindra Inks MoU with IQM Quantum Computers for Research in Quantum Computing

Signs of India's Place in the future of Quantum Computing

Michael Spencer's avatar
Michael Spencer
Dec 15, 2022
∙ Paid
1

Share this post

The Quantum Foundry
The Quantum Foundry
Tech Mahindra Inks MoU with IQM Quantum Computers for Research in Quantum Computing
Copy link
Facebook
Email
Notes
More
Share

Hey Everyone,

There are some signs in 2022 that India is bound to play a larger role in Quantum computing.

Tech Mahindra is an Indian multinational information technology services and consulting company. It has nearly 160,000 employees and it’s new MoU is worthy of noting.

Let’s review the PR and see if it sounds legit. Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, and IQM Quantum Computers, a European leader in quantum computers, have signed a Memorandum of Understanding (MoU) for research in quantum computing. The organizations will explore synergies in mutually beneficial areas of quantum computing, cryptography, and communication technologies.

IQM Quantum Computers

IQM is actually based in Finland and has €233.8M in funding. Raghunath Koduvayur, their CMO is based out of Helsinki.

Twitter avatar for @MarketingRags
Raghunath Koduvayur @MarketingRags
Announcing our MoU with Tech Mahindra. A significant milestone for the journey that we started earlier this year with @nickmalhotra and this is just the beginning! A special shoutout to the Business Finland team who made this possible. meetiqm.com/articles/press…
Image
10:14 AM ∙ Dec 14, 2022
25Likes6Retweets

IQM Quantum Computers is one of the hottest European startups (founded in 2018), that has already become a European leader in record time.

I for one never knew there was an Indo-Finnish bilateral context in Quantum research, well there you go! Once you put your ears to the ground it’s incredible all of the collaboration that is taking place.

As part of the partnership, the organizations will jointly develop new quantum computing offerings for various industries including healthcare, cyber security, and banking, among others. They will further co-develop and market quantum technology use cases in India and Finland.

  • Healthcare

  • Cybersecurity

  • Banking

  • Uses cases in both India and Finland

Share

Keep reading with a 7-day free trial

Subscribe to The Quantum Foundry to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Michael Spencer
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More