Bankomat

Armenian Business Founded in a Garage: Games for Real Interaction

News | 2026/08/24 16:14

Armenian Business Founded in a Garage: Games for Real Interaction

The Success Story of David Hovhannisyan's Board Games

The success story of David Hovhannisyan's board games began in a small garage near his home. David and his friends created educational games since their student years, and as orders increased, they decided to expand the business.

Now, Hol company creates recreational and intellectual games designed for various age groups. Armenian-made games develop language thinking, communication skills, attention, orientation skills, logic, and perception of the world.

The development partner of Hol company became Acba Bank, which helped David expand and then technically upgrade his business.

“Our mission is to create offline games that allow people to communicate with each other in real-time. Our next mission is to create a connection between parents and children through games. Once, we had a very large order for which we needed to produce a large quantity of games, but we lacked funds. It was during this time that our collaboration with Acba began. Apart from the core collaboration, we are also working in other directions; in some branches, the bank showcases our products,” said David Hovhannisyan, the founder of Hol board games.

The company's next goal is to export games. David and his teammates are convinced that the next opportunity for development is to enter international markets. Currently, Hol company produces over fifty games for various age groups.

The bank is regulated by the Central Bank of the Republic of Armenia.

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