NODWIN Gaming has announced the strategic sale of its entire stake in the Evolution Championship Series (EVO), one of the world’s most prominent fighting game tournaments, to its long-time global esports partner RTS. The move comes as part of EVO’s long-term growth roadmap that requires significant investment to expand its global footprint.

According to a press release, NODWIN Gaming will continue to support EVO’s expansion across emerging markets as a long-term partner, leveraging its regional expertise, operational capabilities and strong community relationships. The transition aligns EVO’s next phase of development with RTS’ investment-led growth strategy, while allowing NODWIN Gaming to strengthen its focus on emerging markets and new growth opportunities.

For over two decades, EVO has remained central to the global fighting game community, growing from a grassroots gathering into a major competitive platform that connects players, publishers and fans worldwide. With the tournament now poised for further global expansion, RTS is expected to lead the next phase of growth while preserving the event’s community-driven ethos.

The development marks a strategic portfolio realignment for NODWIN Gaming as it seeks to deepen its presence in rapidly expanding gaming regions. By partnering with RTS on EVO’s future, the company aims to focus on building sustainable esports ecosystems, investing in local intellectual properties and unlocking growth opportunities across markets in the Global South. Further updates on EVO’s emerging market strategy in collaboration with NODWIN Gaming are expected in the coming months.

Commenting on the development, Akshat Rathee, Co-Founder and Managing Director of NODWIN Gaming, said EVO represents the passion and resilience of the fighting game community, adding that RTS is well positioned to build on its strong foundation and guide its future evolution. He noted that the move would enable NODWIN Gaming to concentrate on markets where gaming is witnessing strong momentum while continuing to contribute to the global esports ecosystem.

The company said the transition also reflects its broader business strategy focused on fiscal discipline and expansion in high-growth regions. NODWIN Gaming reported that it returned to an EBITDA-positive position in the third quarter of FY25 and recorded a 58 per cent year-on-year growth in revenue, reaching Rs.530.3 crore (USD 58.5 million) in the first nine months of FY26.

The stake sale underscores NODWIN Gaming’s evolving global strategy, positioning the company to strengthen its leadership in emerging gaming markets while continuing its association with EVO’s international growth journey.