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Armenian Business Founded in a Garage: Games for Live Communication Supported by Akba Bank (VIDEO)

News | 2026/08/24 17:00

Armenian Business Founded in a Garage: Games for Live Communication Supported by Akba Bank (VIDEO)

The Success Story of David Ovanisyan and His Friends

YEREVAN, August 24. /ARKA/. The success story of board games created by David Ovanisyan began in a small garage next to his home. David and his friends created educational games during their student years, and as the number of orders increased, they decided to expand their business.

Now, the company “Hol” creates entertaining and intellectual games designed for different age groups. Armenian-made games develop language thinking, communication skills, attention, orientation skills, logic, and worldview.

Akba Bank became a partner in the development of the company “Hol,” with whose support David was able to 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 establish a connection between parents and children through games. Once we had a very large order that required producing a large number of games, but we had no funds. That is when our cooperation with Akba began. In addition to this cooperation, we also work with the bank in another direction: in several of its branches, the bank represents our products,” said David Ovanisyan, the founder of the board games company “Hol.”

The next goal of the company is to export games. David and his team members are confident that the next opportunity for development will be entering international markets.

Currently, the company “Hol” produces more than fifty games for different age groups.

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

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