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Armenian Business Founded in a Garage: Games for Real Interaction

News | 2026/08/25 00:01

Armenian Business Founded in a Garage: Games for Real Interaction

David Hovhannisyan's 'Hol' Company Partners with Akba Bank

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

Now, the '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 the 'Hol' company became Akba Bank, which supported David in expanding and technically upgrading 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 number of games, but we lacked funds. It was during this time that our cooperation with Akba began. In addition to the main collaboration with the bank, we are also working in other directions; in some branches, the bank showcases our products,' said David Hovhannisyan, founder of 'Hol' board games.

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

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