NODWIN Gaming has announced the sale of its entire stake in the Evolution Championship Series (EVO), a fighting game tournament, to RTS, its long-standing partner in the global esports ecosystem. The decision follows a long-term growth roadmap for EVO that requires significant investment to scale the platform globally. NODWIN Gaming will continue supporting EVO’s expansion across emerging markets as a long-term partner through its regional operations and community network. As EVO enters a new phase of expansion, the transition aligns the platform with RTS’ investment-led growth plans while allowing NODWIN Gaming to focus on emerging markets and new opportunities.
For over two decades, EVO has been part of the global Fighting Game Community, growing from a grassroots gathering into a competitive platform bringing together players, publishers, and fans from around the world. With the tournament preparing to expand its global footprint, RTS will lead the next phase while maintaining its community-led structure.
The transition marks a portfolio realignment for NODWIN Gaming as the company deepens its presence across expanding gaming regions. By partnering with RTS on EVO’s next phase, NODWIN aims to direct its focus toward building ecosystems, investing in local intellectual properties, and expanding across the Global South.
Additional updates about EVO’s emerging market plans in partnership with NODWIN Gaming will be announced in the coming months.
For NODWIN Gaming, the move is part of a broader strategy to strengthen its presence in emerging markets and maintain fiscal discipline. The company reported that it returned to an EBITDA-positive position as of Q3 2025 while recording 58% year-on-year revenue growth, reaching INR 530.3 Crore (USD 58.5 million) for the first nine months of FY26.
Speaking on EVO’s asset transfer to RTS, Akshat Rathee, Co-Founder and Managing Director, NODWIN Gaming, said:“EVO represents the passion, resilience, and spirit of the fighting game community, and it is a privilege for us to be part of that journey. As the platform steps into a new era of global opportunity, we see RTS as the right partner to build on its strong foundation and guide its continued evolution. For NODWIN, this is a strategic step that sharpens our focus on markets where gaming is witnessing extraordinary momentum. Our commitment to growing esports ecosystems remains unwavering, and we look forward to collaborating with RTS to bring EVO experiences to new audiences while continuing to shape the future of gaming across emerging regions.”
