Pantherun Technologies Named Finalist in Santander X Global Quantum AI Challenge

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Srinivas Shekar, CEO of Pantherun Technologies

Pantherun Technologies has been named a finalist in the Santander X Global Challenge, The Quantum AI Leap, under the Scaleup category. The recognition also brings the Bengaluru-based technology company into the Santander X 100, a global network of high-growth scaleups.

The global challenge recognises companies working on emerging applications in quantum technologies and artificial intelligence. Pantherun’s selection comes at a time when businesses and governments around the world are closely examining the impact that advances in quantum computing could have on existing cybersecurity and encryption systems.

Pantherun Technologies has developed a real-time, keyless encryption technology designed to protect data while it is being transmitted. The company’s solution uses AES-256 encryption with dynamically changing encryption parameters and is designed for high-speed networks where strong security is required without affecting system performance.

Srinivas Shekar, Co-founder and CEO of Pantherun Technologies, said, “Being selected as a finalist in the Santander X Global Challenge is a significant milestone for us. As quantum computing continues to advance, organisations need to start preparing for security threats that may emerge in the coming years.” “Our focus at Pantherun has been on making strong, real-time encryption practical and easier to deploy across existing networks. This recognition gives us an opportunity to take our technology and work to a wider global audience,” he added.

The company works with organisations across telecommunications, defence, financial services and industrial networks, where secure and real-time transmission of data is critical. Pantherun’s technology is aimed at helping businesses strengthen data protection without requiring major changes to their existing network infrastructure.

Growing digitalisation, cloud adoption and connected systems have increased the volume of sensitive information moving across networks. At the same time, the rapid development of quantum computing has raised new questions about the long-term security of conventional encryption systems.

Pantherun is focused on addressing these challenges through technology designed to provide real-time protection for data in motion. Its keyless approach is intended to reduce dependence on conventional key exchange processes while supporting high-speed communication environments. The Santander X Global Challenge recognition provides Pantherun with greater international visibility and connects the company with a global network of businesses and technology innovators.

Headquartered in Bengaluru, Pantherun Technologies Pvt. Ltd. is an Indian data encryption company focused on developing solutions to protect data across devices and networks. The company specialises in real-time encryption and aims to make advanced data security more accessible and affordable for organisations across industries. With its latest recognition as a global challenge finalist, Pantherun Technologies continues to expand its presence in the growing field of advanced cybersecurity and data protection.