Innodia

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Innodia - overview

Location

Laval, QC, Canada

Primary Industry

Biotechnology

About

Innodia is a Canadian online gaming company specializing in slot games, providing a diverse platform with over 2,000 games for players, including features tailored for both novice and experienced gamers. Innodia operates an online gaming platform focusing on slot games. The company was acquired by Bellus Health Limited in July 2008 for USD 1. 30 million.


The headquarters is located in Laval, Canada. There is no information regarding any significant pivots or changes in business operations since its inception. The company's core offering is an online gaming platform, specifically focusing on slot games under the brand "จัด ไป 168". This platform provides users access to over 2,000 different slot games from various renowned global game developers such as PG SLOT, Joker Gaming, and Pragmatic Play.


The games are designed to cater to both novice and experienced players, featuring user-friendly interfaces, high return-to-player (RTP) rates exceeding 96%, and regular bonuses such as free spins and jackpots. The platform operates without intermediaries, ensuring a direct and secure experience for players. Customers include individual gamers from diverse geographical markets, specifically targeting Thailand, while also catering to international players looking for a reliable online gambling experience. The service offers a seamless interface across multiple devices, including mobile phones and computers, facilitating easy access for users anywhere at any time.


The company's revenue structure is primarily derived from online transactions related to gaming activities on its platform. Players engage in transactions through various deposit methods, including bank transfers and digital wallets, allowing them to purchase credits for gameplay. The platform employs a business-to-consumer (B2C) model, where users can deposit funds, participate in games, and potentially withdraw winnings without facing intermediary barriers. Specific pricing structures for game participation vary based on promotional offers and gameplay features, such as bonuses for initial deposits.


For example, promotions like "ฝาก 29 รับ 100" provide players with enhanced credits upon making initial deposits, thereby incentivizing user engagement and retention. These structured promotions are designed to maximize user interaction and enhance revenue generation through increased game participation. Innodia plans to expand its offerings by launching new slot games in the near future, though specific release dates are not mentioned. The company is targeting geographical expansion into additional markets, particularly focusing on engaging with users in Southeast Asia by the end of the next fiscal year.


The recent funding from the acquisition by Bellus Health Limited in July 2008 for USD 1. 30 million will support these initiatives, helping to enhance product development and market presence.


Current Investors

Picchio Pharma, Neurochem (International) Ltd., CDPQ

Primary Industry

Biotechnology

Sub Industries

Biotechnology, Epidemiology, Pharmaceutical Research & Development

Website

www.innodia-inc.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.