Qubax Technologies Raises ₹5 Crore Pre-Seed — with RSPL Consulting as Financial Advisor

We are thrilled to announce that RSPL Consulting successfully facilitated Qubax Technologies in securing their impressive ₹5 Crore pre-seed fundraising round. From architecting the initial startup valuation and structuring the term sheet to navigating the closing agreements and executing the final fund transfer, our team ensured a seamless capital infusion.

Meet Qubax Technologies — an innovative AI startup developing AI-powered smart glasses as a revolutionary wearable computing platform. Their flagship product, QUBA-X, utilises an advanced AR/waveguide display system — powered by a sophisticated display engine and geometric optical structures — to direct light and project virtual images seamlessly into the user's field of vision.

Packed with hardware like bone-conduction speakers, IMU sensors, a heart-rate monitor and a built-in camera, QUBA-X delivers real-time, hands-free data for both tactical defense and everyday consumer utility.

At the helm is Founder and CEO Vasu Sahu, a prolific tech entrepreneur and visionary innovator with deep expertise across AI, robotics and embedded systems. With over 300 projects under his belt — including an Iron Man suit prototype, a 3.2-foot humanoid robot and advanced prosthetic arms — Vasu brings exceptional product development capabilities to Qubax.

Joining him is Co-Founder Sohan Sahu (IIT KGP, Ex-GE), a seasoned healthcare entrepreneur and medical-device innovator who brings 20 years of robust industry experience to the leadership team. Known for his success as COO of SUBHAG HealthTech, Sohan famously pitched the startup's home Intrauterine Insemination (IUI) kit on Shark Tank India Season 2. During his appearance, he and his co-founders successfully secured a ₹50 Lakh funding offer from Namita Thapar, consisting of ₹20 Lakhs for 1% equity and ₹30 Lakhs in debt.

A fundraise of this size is never just about finding an investor — it is about being investment-ready. For Qubax, our startup advisory team architected the initial valuation, structured a term sheet that protected the founders' long-term interests, navigated the closing agreements and executed the final fund transfer, so the founders could stay focused on building QUBA-X while we handled the capital.

We congratulate Vasu, Sohan and the entire Qubax team, and we are proud to be their financial advisor on this journey. If you are a founder preparing to raise — from pre-seed to growth rounds — our Startup Advisory practice can make your fundraise investor-ready, end to end.