NODWIN Gaming Transfers EVO Stake to RTS in Strategic Realignment RTS has been a long-term partner in the global esports ecosystem, and the transition is expected to support EVO's next phase of expansion.
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NODWIN Gaming has announced the sale of its entire stake in the Evolution Championship Series (EVO) to RTS, marking a strategic shift aimed at strengthening its focus on emerging gaming markets.
RTS has been a long-term partner in the global esports ecosystem, and the transition is expected to support EVO's next phase of expansion.
The decision follows a long-term growth roadmap for EVO that requires significant investment to scale the platform worldwide. While stepping away from ownership, NODWIN Gaming will continue to support EVO's expansion across emerging markets as a regional partner, contributing operational expertise, local insights, and community engagement.
For more than two decades, EVO has served as a central platform for the global fighting game community. What began as a grassroots gathering has evolved into a major competitive stage that brings together players, publishers, and fans who share a passion for fighting game esports.
With plans to expand its international footprint, EVO is entering a new growth phase under RTS, which is positioned to guide investment and expansion while maintaining the event's community-driven spirit.
The stake sale represents a broader portfolio realignment for NODWIN Gaming as it deepens its presence in fast-growing gaming regions. The company aims to channel resources toward building sustainable ecosystems, supporting local intellectual property, and developing new opportunities across markets in the Global South.
Further announcements regarding EVO's emerging market strategy in partnership with NODWIN Gaming are expected in the coming months.
The move also reflects NODWIN Gaming's emphasis on fiscal discipline and operational efficiency. The company reported a return to EBITDA-positive status in the third quarter of 2025, alongside 58 percent year-on-year revenue growth. Revenue reached INR 530.3 crore (USD 58.5 million) during the first nine months of FY26.
Founded in 2014 by Akshat Rathee and Gautam Virk, NODWIN Gaming operates across South Asia, the Middle East, and other emerging markets, focusing on esports, live events, and youth entertainment.
