Avidia

Bengaluru, India Founded: 2018 • Age: 8 yrs
Augmented reality products for childrens education are developed.

About Avidia

Avidia is a company based in Bengaluru (India) founded in 2018 by Vidya Choudhary and Ajit Kohir. Avidia offers products and services including Avidia AR Magicpedia, QwikXR, Avidia AVR Magicpedia, and Avidia 4D+ Dino KolAR. Avidia operates in a competitive market with competitors including Osmo, PlayShifu, zSpace, Inspirit and Prisms of Reality, among others.

Key Metrics
  • Annual Revenue
    ₹45.1 Lakh

    FY 2024 · +322% YoY

  • Net Profit
    ₹20 Lakh

    FY 2024 · 44% margin

  • EBITDA
    ₹20 Lakh

    FY 2024 · 44% margin

  • Investors

Products & Services of Avidia

Avidia offers a comprehensive portfolio of products and services, including Avidia AR Magicpedia, QwikXR, Avidia AVR Magicpedia, and Avidia 4D+ Dino KolAR.

Avidia AR Magicpedia
Educational App

AR app for interactive animal learning through cards.

QwikXR
SaaS Platform

Tool for kids to create and visualize 3D coding experiences.

Avidia AVR Magicpedia
Educational App

VR app for immersive K-12 science topic exploration.

Avidia 4D+ Dino KolAR
Interactive Toy

Coloring book with AR for dinosaur facts and adventures.

Apps and channels of Avidia

its YouTube channel Avidia Labs has 710 subscribers and 30 videos.

Avidia Labs
YouTube 710 subscribers 30 videos Education
Open channel

Videos from Avidia

The most watched videos on Avidia's YouTube channel, Avidia Labs (710 subscribers). Click a video to play it here.

QwikXR, Interactive Learning Platform: Promo
838 views
Virtual reality simulation in 60 seconds
243 views
Avidia Labs || Vidya Choudhary Interview || Avidia Labs CEO || CNBC International || South Korea
203 views
QwikXR - Create your own AR, VR, MR interactive content
185 views

More on Avidia Labs.

Funding Insights of Avidia

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Avidia with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2020–Seed–Startup Oasis
–
Valuation history

1 investors in total: 1 institutional.

Investors in Avidia

Avidia has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Startup Oasis.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
RIICO-backed incubator services are offered to startups in Jaipur.
–startupoasis.inJaipur, India
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Investor details for Avidia

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  • Round participation
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Board of directors of Avidia Labs Edutech Private Limited (Avidia)

Avidia Labs Edutech Private Limited is the primary company behind Avidia. The board of Avidia Labs Edutech Private Limited currently have 3 directors; the longest-serving is Ajit Kohir, appointed in 2018. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Ajit Kohir
DIN 08107809
Director11 Apr 20188 yrs 5 moAvidia Labs Edutech Private Limited
Vidya Choudhary
DIN 08107810
Director11 Apr 20188 yrs 5 moAvidia Labs Edutech Private Limited
Vikram Ahuja
DIN 03641703
Director03 Jan 20197 yrs 9 moAvidia Labs Edutech Private Limited

People of Avidia

2 people are tracked at Avidia (2 in leadership).

NameRoleGroup
Co-Founder & CEOLeadership
Co-Founder & CTOLeadership
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Complete people profiles for Avidia

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of Avidia

Figures of Avidia Labs Edutech Private Limited, the primary company behind Avidia, for FY 2024. Revenue was ₹45.1 Lakh (+322% year on year). Net profit was ₹20 Lakh (44% margin). EBITDA was ₹20 Lakh (44% margin). Revenue has grown at a compounded annual rate of +62% over three years.

  • ₹45.1 LakhRevenue · FY 2024 · +322% YoY
  • ₹20 LakhNet profit · 44% margin
  • ₹20 LakhEBITDA · 44% margin
  • ₹1.1 LakhPaid-up capital
  • +62%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Avidia Labs Edutech Private Limited are on its company page.

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Detailed financial statements for Avidia

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Avidia

2 dated milestones of Avidia across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Avidia is founded.
  2. Funding First funding round.

Competitors of Avidia

Avidia operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Osmo, PlayShifu, zSpace, Inspirit and Prisms of Reality, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
playosmo.com2013Palo Alto, United States$36M112
Hardware-based iPad games for children are developed.
playshifu.com2016Bengaluru, India$35.81M142
Interactive STEM kits are provided for children's learning.
zspace.com2007San Jose, United States$79.06M69
AR/VR headsets and educational content are supplied for immersive learning.
inspiritvr.com2017Palo Alto, United States$3.9M8
Virtual labs and simulations for science education are provided.
prismsvr.com2019Brooklyn, United States$16.75M–
Provider of an education platform that utilizes virtual reality to teach core math and science concepts
smartivity.in2015Delhi, India$5.88M49
Platform offering toys to boost children's brain development and creativity
dreamscapelearn.com2019Culver, United States$20M–
Online platform offering VR-based learning solutions for students
practically.com2018Hyderabad, India$23.98M50
Developer of an experiential self-learning application for students
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Detailed competitors of Avidia

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Similar companies to Avidia

10 companies that operate in the same segment as Avidia (Augmented & Virtual Reality Solutions), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Augmented reality mobile games are designed and developed.
2011San Francisco, California, United StatesUSD 772.84 MUSD 166.77 K–
Interactive STEM kits are provided for children's learning.
2016Bengaluru, Karnataka, IndiaUSD 35.81 MUSD 2.23 M138
Hardware-based iPad games for children are developed.
2013Palo Alto, California, United StatesUSD 36 M–112
Provider of AI and AR-based virtual makeup application solutions
2014Taipei, TaiwanUSD 75 MUSD 69.15 M342
Cloud-based augmented reality software is provided for construction professionals.
2017London, England, United KingdomUSD 34.49 MUSD 5.87 M77
Provider of wearable heads-up display for industrial workers
2016Vancouver, Washington, United StatesUSD 145.48 MUSD 1.11 M19
Virtual reality headsets are provided for immersive professional applications.
2016Helsinki, FinlandUSD 149.39 M––
Virtual world games are facilitated through an NFT-based platform.
2017Buenos Aires, ArgentinaUSD 25 M––
AR-based content management software is offered for 3D product experiences.
2018Toronto, Ontario, CanadaUSD 2.1 MUSD 1.53 M–
VR-based home therapy systems are developed for symptom treatment.
2016Brookline, Massachusetts, United StatesUSD 29 M––
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Frequently Asked Questions about Avidia

Avidia was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Avidia is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Vidya Choudhary is the current CEO of Avidia. They have also founded this company.

The primary company behind Avidia, Avidia Labs Edutech Private Limited, reported revenue of β‚Ή45.1 Lakh for FY 2024, up 322% year on year.

Developer of augmented reality educational products for children. These products combine physical and digital elements to create immersive learning experiences across various subjects, including science and anatomy. The offerings include interactive coloring books, card sets, and applications that utilize augmented and virtual reality technologies to enhance engagement and knowledge retention. The platform aims to make learning fun and interactive, encouraging family participation. A software platform provides tools for creating interactive 3DARVR content for educational purposes.

Avidia's top competitors include PlayShifu, Osmo and zSpace.

Avidia offers Avidia AR Magicpedia, QwikXR, Avidia AVR Magicpedia, and Avidia 4D+ Dino KolAR.

Avidia has 1 investor. Key investors include Startup Oasis.

Avidia operates through Avidia Labs Edutech Private Limited.

The legal entities of Avidia currently have 3 directors, including Ajit Kohir, Vidya Choudhary, Vikram Ahuja.

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