Vladimir Malakchi, known for his impactful tenure as Evoplay's Chief Commercial Officer, has embarked on an ambitious new journey with the launch of Xanada Investments. This iGaming investment fund is set to challenge conventional norms and compete with heavyweights like Yolo Investments. Malakchi's venture is not just another investment fund; it's an "ideological investment fund" with a unique focus on fostering an ecosystem of excellence within the iGaming industry.
The choice of the name 'Xanada,' inspired by the idyllic Xanadu, reflects the fund's aspiration to nurture and develop the artistic and innovative potential within the iGaming sector. Malakchi envisions Xanada as a community where like-minded individuals and companies can collaborate to achieve their collective and individual dreams.
"Why ideological?" Malakchi posed this question on his LinkedIn, explaining that the fund aims to blend the essential elements of life and work to scale new heights in the iGaming industry. Xanada's goal is to establish an ecosystem that transcends traditional investment models, offering startups not just financial support but a community and an environment conducive to growth and innovation.
Xanada Investments seeks to differentiate itself by providing more than just capital. Malakchi emphasizes the creation of a shared business culture, where joining the fund means becoming part of a community with shared values, goals, and ethos. This approach aims to foster a collaborative environment where startups can thrive and excel together, moving towards a collective vision of excellence.
The launch of Xanada Investments marks a new chapter for Malakchi following his departure from Evoplay, where he played a crucial role in the company's successes, including a notable nomination in the Casino Guru Awards. His tenure at Evoplay, from December 2019 to February 2024, was marked by significant achievements and growth for the company.
With ambitions to include as many as 25 startup companies in its portfolio, Xanada Investments is poised for growth. Malakchi's venture signals a fresh and innovative approach to investment in the iGaming industry, promising to foster a community where excellence is not just pursued but achieved together. The fund's focus on creating an ecosystem of businesses with shared values and goals sets a new benchmark for what iGaming investments can accomplish.
