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QILab

Qkrishi Quantum Industry Lab

14.04.2024

On this auspicious occasion of Near Year's Day (Puthandu) coinciding with World Quantum Day, the Qkrishi team is proud to release a comprehensive white paper on quantum finance

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QILab: Get Ready for Quantum Advantage

In QILab (Quantum Industry Lab), our specialists collaborate with partners in the finance industry and academia. We explore the integration of quantum computing, data science, and AI/ML to devise innovative solutions for real financial challenges. Our goal is to harness the power of these technologies to revolutionize the finance sector.

Technology

We engineer quantum-powered workflows that revolutionize operations within the finance sector

Research

Our scientists are working to innovate and develop the algorithms that will lead to business advantage

Real-World Solutions

We work with finance industry customers on use cases utilising real and relevant data

The World's First Quantum Finance Sandbox

QFinBox

Qkrishi has been authorized as a Fintech Entity by the International Financial Services Centres Authority (IFSCA) to develop the Qkrishi Quantum Finance Sandbox to enable financial industry organisations to adopt and take advantage of quantum computing in their businesses.

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<SQ | QuIC>

SRM Qkrishi Centre of Excellence in Quantum Information and Computing

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<SQ | QuIC> provides the environment for SRM faculty and students to work jointly with industry on real industry problems to help India and the world. The <SQ | QuIC> team publishes papers, files patents and creates code, demos and solutions.

First Quantum CoE in a Private University in India

SQ-QuIC will be the driving engine that propels India to a leadership position in quantum computing.

QILab Research Publications

1. Financial Portfolio Optimization: A QAOA and VQE Formulation for Sharpe Ratio Maximization

J. Sharma, S. Singh, M. Gayathri, M. Pushpalatha, R. Thilagavathy and S. Deshpande

6th International Conference on Recent Trends in Advance Computing (ICRTAC) 2023

2. Optimizing Metro Station Placement in Urban Planning Using Quantum Annealing

N. Kaushik et al

6th International Conference on Recent Trends in Advance Computing (ICRTAC) 2023

3. Benchmarking Speed of Post-Quantum Lattice Based PKE/KEM Schemes using liboqs

Mohamed Amine Garrach, Chetan Waghela, Mahima Mary Mathews, Sreekuttan L S

Trends in Quantum Computing & Emerging Business Technologies (TQCEBT) 2022

4. Benchmarking Quantum Algorithms on Xanadu, IBM and Google Quantum Computers
Rajlaxmi Bhoite, Sreekuttan L S

Trends in Quantum Computing & Emerging Business Technologies (TQCEBT) 2022

5. Shrieffer-Wolff Transformation on IBM Quantum Computer

Rukhsan Ul Haq, Basit Iqbal, Mohsin Ilahi, Baseer Ahmad, Nazama

arXiv.2208.04746 2022

6. "Stranded: A Mainstream VR Quantum Game For Novices
Sreekuttan L S, Sairupa Thota, Tarun Vikas V, Adarsh Mohan Sharma, Rohit P Thampy, Jowin John Chemban, Supratip Bhattacharya

IEEE International Conference on Quantum Computing and Engineering (QCE) 2022

7. "Unraveling the Effect of COVID-19 on Portfolio Optimization Using Quantum Algorithms
Shrey Upadhyay, Vaidehi Dhande, Ishan Mankodi, Rupayan Bhattacharjee, Aaryav Mishra, Anindita Banerjee, Raghavendra V.

IEEE International Conference on Quantum Computing and Engineering (QCE) 2022

QILab Hackathon Wins

1. Three projects in final and one project won special mention - QETCI Hackathon 2022 

2. Second Place Winner - Quantum-A-Maze 2022

3. Poster paper in QTML, CERN - IITM Quantum Grand Challenge 2023

4. Made it to Shortlist - Canara Bank DACOE-Thon 2023

5. Third Place Winner - Fujitsu $100,000 Quantum Simulator Challenge 2023

5. Winners - QHack 2024

6. Entered 2nd Phase - TCS Quantum Challenge

SRM Qkrishi Centre of Excellence in Quantum Information and Computing inaugurated on SRM Campus

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