Vahe Badalyan
Co‑founder of SoftConstruct, the Armenian‑headquartered technology group behind the BetConstruct platform, data‑feed provider FeedConstruct, cryptocurrency exchange Fastex and B2C operator VBet.
SoftconstructVahe Badalyan co‑founded SoftConstruct with his brother Vigen Badalyan, starting the venture as Vivaro from a small garage in Armenia in 2003. Over two decades, the company has grown into a multi‑business technology group employing more than 7,000 people across 16 countries.
SoftConstruct’s best‑known products include the betting and gaming platform BetConstruct, the data feed service FeedConstruct, the cryptocurrency exchange Fastex, and the B2C online casino VBet. The Badalyan brothers are recognised as major figures in the global iGaming industry, with SoftConstruct regularly appearing among Armenia’s largest taxpayers.
In 2020, Vahe Badalyan and his brother became equal shareholders (50% each) in Soft Construct LLC. Vahe Badalyan was named to the Gaming Intelligence Hot 50 for 2025, honouring his influence and contribution to the sector.
Career History
| Company | Role | Dates |
|---|---|---|
| Softconstruct | Co‑Founder | – present |
| Betconstruct | Co-Founder & President | – present |