“Satin Creditcare Network Ltd. announces Acquisition of Majority Stake in QTrino Labs Private Limited via Satin Technologies Ltd.”

“Satin Creditcare Network Ltd. announces Acquisition of Majority Stake in QTrino Labs Private Limited via Satin Technologies Ltd.”

Satin Creditcare Network Limited (“SCNL”) today announced that its wholly owned subsidiary, Satin Technologies Limited (“STL”), has entered into a Share Subscription-cum-Shareholders Agreement on January 17, 2026, to acquire up to 76.40% equity stake in QTrino Labs Private Limited (“QTrino”), in one or more tranches.

QTrino Labs, an IIT-incubated deep-tech cybersecurity startup, is engaged in the development of cost-effective, cutting-edge, quantum-safe security solutions for enterprises and government institutions. Operating in a rapidly evolving, high-growth technology segment, QTrino brings advanced cybersecurity capabilities that strongly align with STL’s long-term technology vision.

The proposed acquisition will enable Satin Technologies Limited to expand its presence in advanced technology and cybersecurity domains, strengthen its solution portfolio, and enhance the overall technology resilience of the Satin Group. Upon completion of the transaction, QTrino will be consolidated as a subsidiary, marking the Group’s strategic entry into technology-driven cybersecurity businesses.

Guided by a forward-looking philosophy, the Satin Group continues to anticipate change, embrace innovation, and invest in future-ready capabilities. Technology remains central to the Group’s strategy, enabling smarter solutions, improved operational resilience, and sustainable growth. This acquisition underscores Satin’s belief that innovation and responsible growth are deeply interconnected, shaping a future that is inclusive, resilient, and digitally empowered.

Commenting on the development, Prof. (Dr.) Jawar Singh, Founder and Director, QTrino Labs, said:

“With the Satin Group’s strong institutional backing, technology focus, and long-term vision, this partnership provides a powerful platform to advance our quantum-safe security solutions for enterprises and government institutions. Together, we aim to strengthen cyber resilience, drive impactful innovation, and contribute meaningfully to India’s growing digital security ecosystem.”

Mr. Rupinder Kalia, Managing Director and Chief Executive Officer, Satin Technologies Limited, added:

“This marks a significant milestone in Satin Technologies Limited’s journey to build advanced, future-ready technology capabilities. As cybersecurity becomes increasingly critical in a digitally interconnected world, QTrino’s deep-tech and quantum-safe solutions strongly complement our strategic vision. This partnership has immense potential to accelerate innovation, enhance cyber resilience, and deliver scalable, cost-effective security solutions for enterprises and government institutions. It positions Satin Technologies at the forefront of next-generation cybersecurity while strengthening the broader technology ecosystem of the Satin Group and driving sustainable long-term value.”