Quidich Innovation Labs, based in Mumbai, Maharashtra, India, is a startup that has made a significant impact in the media and entertainment sector. Here’s a look at how it all began.
Quidich Innovation Labs was founded in 2013 with a clear vision to innovate in the broadcast and film industry. The company's founders identified gaps in these industries and aimed to fill them with cutting-edge technology. Their passion for sports and technology drove them to create solutions that would enhance storytelling in live sports and feature films[1][3][5).
The early days involved a lot of research and development. The team focused on understanding the needs of the industry and how they could use technology to meet those needs. This involved experimenting with robotic camera technology and artificial intelligence (AI) to capture unique angles and enhance fan engagement[1][3][5).
The vision was not just to provide technology, but to build long-lasting relationships with their customers. This approach has been a cornerstone of their success, allowing them to grow and innovate continuously[3][5).
The founding team of Quidich Innovation Labs consists of individuals with a strong background in technology and a passion for sports. While specific details about the founders are not readily available, it is clear that their combined expertise in AI, machine learning, and camera technology has been instrumental in the company's success[1][3).
The team's experience in the media and entertainment sector has helped them understand the industry's challenges and opportunities. This knowledge has been crucial in developing innovative solutions that meet the evolving needs of their clients[1][3]).
The founders' commitment to innovation and customer satisfaction has set the tone for the company's culture and growth strategy. This focus on excellence and creativity has driven Quidich to stay ahead in the industry[3][5]).
Since its inception, Quidich Innovation Labs has undergone significant evolution. Here’s a look at how the company has grown and expanded its offerings over the years.
Initially, Quidich focused on developing robotic camera technology to capture unique angles in live sports and feature films. This technology was a game-changer, offering never-seen-before perspectives that enhanced the viewing experience for audiences. Over time, the company has expanded its scope to include augmented reality (AR) and AI-driven solutions[1][3][5]).
Today, Quidich is a leading provider of innovative broadcast and film technologies. The company has moved beyond just robotic cameras to include player tracking, object detection, and other AI-powered solutions. These advancements have significantly enhanced fan engagement and storytelling in sports and films[1][3][5]).
The transition from a startup to a leading industry player has been marked by continuous innovation and a commitment to excellence. Quidich has managed to stay ahead by constantly developing new technologies and adapting to industry needs[1][3]).
Quidich Innovation Labs has achieved several key milestones in its journey. Here are some of the most significant ones:
These milestones reflect the company's growth and its ability to innovate and adapt to changing industry demands.
Quidich Innovation Labs has continuously expanded its product portfolio to meet the evolving needs of the broadcast and film industry. Here are some key products and services:
This expanded product portfolio has helped Quidich cater to a wide range of clients and stay competitive in the market.
Quidich Innovation Labs relies heavily on advanced technology to deliver its innovative solutions. Here’s an overview of its technology infrastructure.
The core platform of Quidich Innovation Labs is built around advanced robotic camera technology and AI-driven solutions. This architecture allows for the capture of high-quality footage from unique angles and the integration of AR and AI elements into live broadcasts and film productions[1][3][5]).
The platform is designed to be flexible and scalable, enabling the company to adapt to different client needs and industry demands. It leverages machine learning algorithms to enhance the accuracy and efficiency of its solutions[1][3]).
The use of cutting-edge technology ensures that Quidich can deliver high-quality visual storytelling experiences that meet the evolving standards of the industry.
While specific details about Quidich’s security and compliance framework are not available, it is essential for any technology company to have robust security measures in place. This would typically include data protection policies, encryption methods, and compliance with industry standards and regulations.
The company likely follows best practices in security to protect its clients’ data and ensure the integrity of its systems. This includes regular updates, patches, and audits to maintain a secure environment[4]).
A strong security framework is crucial for building trust with clients and ensuring the smooth operation of its innovative solutions.
Quidich Innovation Labs has been at the forefront of innovation in the media and entertainment sector. Here are some ways the company has innovated:
These innovations have not only enhanced the viewing experience but also set Quidich apart as a leader in its field.
```
Quidich Innovation Labs has made a significant impact in various markets since its inception in 2013. Here’s how the company has grown and expanded its influence.
Quidich has seen substantial growth in its user base across different industries. Initially, the company focused on aerial filming and surveillance, but it has since expanded into sports broadcasting, urban planning, and disaster relief operations[1).
The company's drone fleet, one of the largest in India, has been instrumental in this growth. From just one drone in 2013 to 25 machines in five years, Quidich has serviced clients in sports, entertainment, telecom, mining, and surveillance industries[1).
This expansion has also led to unique use cases, such as helping the Uttar Pradesh forest department to track and capture a man-eating tiger in Pilibhit[1).
Quidich has successfully expanded its market share by venturing into new geographies and sectors. The company has pivoted to enhancing live sports broadcasting, particularly in cricket, since 2019. This move has led to partnerships with major sports organizations like the Board of Control for Cricket in India (BCCI), International Cricket Council (ICC), Sky Sports, and Channel 7 in Australia[7][3).
Quidich’s technology, including specialized camera systems, computer vision, and augmented reality, has been crucial in this expansion. The company has also established offices in London and the United Arab Emirates, furthering its global reach[2).
Their product, 'HypeReality,' developed in collaboration with the ICC, is set to redefine sports fan engagement by bringing immersive content technology to viewers worldwide[3).
Although Quidich is not primarily focused on financial inclusion, its technological advancements have indirect benefits. For instance, the company’s work in disaster relief and surveillance can help in infrastructure development and monitoring, which can contribute to broader economic growth[1).
The use of drones in mapping and monitoring infrastructure projects for government agencies like the Indian Railways and state governments also aids in efficient resource allocation and project management[6]).
However, specific financial inclusion initiatives are not a core part of Quidich’s current strategy.
Quidich Innovation Labs has had a noteworthy financial journey, marked by strategic funding and revenue growth. Here’s a look at their financial story.
Quidich started as a bootstrapped company but has since secured funding to drive its growth. The company’s revenue has grown significantly as it expanded its services from aerial filming to live sports broadcasting. The pivot to sports broadcasting in 2019 has been particularly lucrative, with partnerships with major sports organizations contributing to their revenue[7][8]).
The company’s focus on advanced technological solutions, including AI, computer vision, and augmented reality, has helped in attracting high-value clients. This has led to a steady increase in revenue over the years[7]).
Quidich’s ability to deliver high-quality broadcast solutions has positioned it as a leader in the sports broadcasting technology market, which is projected to grow to $114 billion by 2030[8]).
Quidich’s path to profitability has been driven by its strategic expansion into high-growth areas like sports broadcasting. By focusing on cutting-edge technology and building strong partnerships, the company has managed to achieve profitability. However, specific details on their profitability margins are not publicly disclosed[7][8]).
The company’s ability to secure funding from venture capital firms like Centre Court Capital indicates investor confidence in their business model and growth potential[7][8]).
Quidich’s commitment to quality and innovation has been key in maintaining profitability while expanding its operations globally.
Quidich has secured funding in a Series A round led by Centre Court Capital. The exact amount of funding is undisclosed, but it is aimed at expanding Quidich’s reach across new sports and geographies, as well as further developing its technology stack[7][8]).
This investment is part of Centre Court Capital’s Rs 350 crore fund, indicating significant investor interest in Quidich’s growth potential. The funding will help Quidich stay ahead in the global sports broadcasting technology market[7]).
The company’s valuation has likely increased with this funding, though specific figures are not publicly available.
Quidich Innovation Labs has formed several strategic partnerships that have been instrumental in its growth and market impact. Here are some key partnerships.
While Quidich does not have direct banking collaborations, its work with government agencies and large organizations indirectly involves financial institutions. For example, their work with the Indian Railways and state governments might involve financial transactions and project funding through banks[6]).
However, specific banking collaborations are not a core part of Quidich’s strategy.
Quidich has partnered with several key clients in the sports and broadcasting industry. These include:
These partnerships have been crucial in expanding Quidich’s reach and delivering high-quality broadcast solutions[7][8]).
Quidich has formed significant technology alliances to enhance its offerings. One notable alliance is with the International Cricket Council (ICC) for the development of 'HypeReality,' a product that uses immersive content technology to enhance fan engagement[8]).
The company also collaborates with other technology firms to integrate advanced solutions like AI, computer vision, and augmented reality into its broadcast technology[7]).
These alliances have helped Quidich stay at the forefront of technological innovation in sports broadcasting.
```
Explore our expert-led programs or join our free community of 5,000+ Indian founders - scale with 18startup!
Get started 🚀 
Antah Prerna Education Private Limited,
Office Address: 55, Raju Naidu Road, Tatabad, Coimbatore – 641012