Xanada Investments has launched its first investment initiative aimed at pushing the igaming industry forward through innovation and strategic investment.
The Xanada Startup Contest is open to start-ups at the pre-seed, seed and series A stages of development to showcase their ideas.
The competition, applications for which are open until September 26, offers an investment prize of up to US$2m.
This includes strategic consulting and global media exposure.
“Ideal candidates will demonstrate a unique business model, a resilient team and a strategic roadmap for scaling in the dynamic igaming market,” Xanada Investments said.
Vladimir Malakchi, CEO and managing partner at the company, said: “By launching this competition, we aim to provide an empowering platform for innovative startups to assert themselves, while enhancing their motivation and competitive edge. Beyond offering financial investment, we aspire to deliver a comprehensive business launchpad.
“Our ambition is to fully immerse ourselves in the winner's project, leveraging our extensive resources – including business expertise, market insight, robust B2B and B2S marketing acumen and media elevation strategies – to maximise its potential and success within the industry."
