Business Wire

 FIDE and Tech Mahindra Announce Landmark Partnership Marking a Key Milestone in the Creation of the Global Chess League

Share

The International Chess Federation is pleased to announce a new partnership with Tech Mahindra Ltd., a leading provider of digital transformation, consulting and business re-engineering services and solutions. The Memorandum of Understanding signed between the parties focuses on creating together the Global Chess League, a project first proposed by Tech Mahindra Ltd. earlier this year. Now, with the support of FIDE, the Global Chess League will be provided with an accredited and exclusive status as the only world league officially recognised by the governing body of the sport of chess.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210604005308/en/

The competition will be established as a first-of-its-kind “phygital” (physical and digital) league, engaging players from all levels – professional or otherwise. In principle, it will have several franchise-owned teams from across the globe, which will comprise a mix of titled players along with juniors and wildcard entrants playing each other in an exciting format.

FIDE and Tech Mahindra will join their forces and expertise to ensure that the spirit of the game and the highest sporting and organization standards are maintained. FIDE will help structure the technical regulations, and promote the league through its media channels, providing the global audience with an engaging platform.

The collaboration between Tech Mahindra and FIDE will also promote playing of chess in new and innovative formats, create opportunities for youth, and foster many champions globally. The partnership aims to leverage new-age technologies like 5G, artificial intelligence, virtual reality, among others, and explore innovative ways of promoting the game through interactive technology-enabled platforms.

A new holding company will be created to operate the functioning of the Global Chess League, in which the FIDE president will be part of the board of Directors. The project will also count on the five-time world chess champion Viswanathan Anand as mentor and partner, who will not just advise but will also help shape the league.

Anand Mahindra, Chairman, Mahindra Group, said, “From tweeting about the game to forming a league under Viswanathan Anand’s mentorship, and now on-boarding FIDE – the entire journey has been very gratifying. With the coming together of all the forces in the field of chess and technology, we hope the ‘Global Chess League’ will take the game to new heights and create vibrant opportunities for the entire chess community across the world.”

The collaboration will support several of FIDE’s grassroots initiatives and make chess an attractive career choice and game of global reckoning.

Arkady Dvorkovich, FIDE President, said, “The motto of Chess is ‘Gens una sumus,’ meaning 'We are one people', and we at FIDE take this unique opportunity to popularize the game which bears the motto of uniting the world. We are endeavouring to dramatically enhance its visibility through a global league powered by technology and are honoured to have partnered with Tech Mahindra. I am certain that Tech Mahindra’s expertise will further aid in elevating The Global Chess League to the next level, accelerate its popularity and lay out the most riveting tournament for chess fans.”

As part of its NXT.NOW framework, which aims to enhance ‘Human Centric Experience’, Tech Mahindra has a deep focus on leveraging cutting-edge technologies to deliver enhanced experience and enable digital transformation to meet the evolving needs of the customer.

CP Gurnani, MD & CEO, Tech Mahindra, said, “Chess and the business ecosystem are reflections of the same ‘game’, which hold people, strategy and adaptations at their core. The partnership with FIDE marks the coming together of two organizations to promote, revolutionize and drive fan engagement of a historical game, like Chess. We see great potential in this partnership which aims to raise the profile of the game, discover next generations of Chess champions - including women and children, enhance the fan base across the globe and take it to new commercial heights.”

Viswanathan Anand, five-time World Chess Champion and the mentor and partner of the Global Chess League, said, “With FIDE coming on board along with Tech Mahindra, I am sure the Global Chess League will help in catalyzing the popularity of the game while keeping the spirit of the game intact, and create opportunities for young talent across the world”

About Global Chess League:

In February 2021, Tech Mahindra launched first-of-its-kind Global Chess league. The Global Chess League will engage players from all levels – professional or otherwise and will have several franchise owned teams from across the world. The teams will comprise of a mix of titled women and men players along with juniors and wildcard entrants playing each other in an exciting format. The teams qualifying for the semifinals will enter the knockout stage of the championship. Tech Mahindra will act as the architect behind this concept and will provide necessary operational and technological support to execute the vision.

Viswanathan Anand, five-time World Chess Champion and the Global Chess Leagues official mentor and partner will help catalyse the growth of chess.

About FIDE:

The International Chess Federation (FIDE) is the governing body of the sport of chess, and it regulates all international chess competitions. Constituted as a non-governmental institution, it was recognized by the International Olympic Committee as a Global Sporting Organization in 1999.

FIDE currently has its headquarters in Laussane, but it was initially founded in 1924 in Paris under the motto “Gens una Sumus” (Latin for “We are one Family”). It was one of the very first International Sports Federations, alongside the governing bodies of the sports of Football, Cricket, Swimming, and Auto Racing. It is now one of the largest, encompassing 195 countries as affiliate members, in the form of National Chess Federations. Chess is nowadays a truly global sport, with dozens of millions of players in all the continents, and more than 60 million games in average played every day.

More information: www.fide.com

Contact: press@fide.com

About Tech Mahindra

Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates and society to rise. We are a USD 5.1 billion organization with 121,000+ professionals across 90 countries helping 1007 global customers, including Fortune 500 companies. We are focused on leveraging next-generation technologies including 5G, Blockchain, Cybersecurity, Artificial Intelligence, and more, to enable end to end digital transformation for global customers.

Tech Mahindra is one of the fastest growing brands and amongst the top 15 IT service providers globally. Tech Mahindra has consistently emerged as a leader in sustainability and is recognized amongst the ‘2021 Global 100 Most sustainable corporations in the World’ by Corporate Knights. With the NXT.NOW framework, Tech Mahindra aims to enhance ‘Human Centric Experience’ for our ecosystem and drive collaborative disruption with synergies arising from a robust portfolio of companies. We aim at delivering tomorrow’s experiences today, and believe that the ‘Future is Now’.

We are part of the Mahindra Group, a USD 19.4 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company by volume. It also enjoys a strong presence in renewable energy, agribusiness, logistics and real estate development. Headquartered in India, Mahindra employs over 2,56,000 people across 100 countries. Connect with us on www.TechMahindra.com.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Media Contact:
Abhilasha Gupta, Global Corporate Communications and Public Affairs, Tech Mahindra
Email: Abhilasha.Gupta@TechMahindra.com; media.relations@TechMahindra.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

L&T Technology Services Transforms Respiratory Diagnostics with NVIDIA AI-Powered Digital Twin Technology1.12.2025 09:30:00 EET | Press release

L&T Technology Services (BSE: 540115, NSE: LTTS), a global leader in AI, Digital & R&D Consulting Services, today announced the development of a next-gen AI-powered digital twin platform for respiratory diagnostics and lung navigation. Combining LTTS’ expertise in platform engineering, AI-driven diagnostics, connected health systems and advanced imaging and visualization with cutting-edge NVIDIA AI infrastructure, LTTS aims to deliver scalable, low-latency solutions that enhance diagnostic precision and improve accessibility for healthcare providers worldwide. To be unveiled at the Radiological Society of North America (RSNA) 2025, the LTTS solution integrates with CT imaging and leverages deep learning models to create a 3D digital twin of lung anatomy, providing visualization of airways, blood vessels, lung lobes and lesions. Powered by NVIDIA MONAI for medical image segmentation and NVIDIA TensorRT for optimized AI inference, the biological digital twin enables interactive visualiza

Regnology Completes Acquisition of Wolters Kluwer’s Finance, Risk & Regulatory Reporting Business1.12.2025 09:00:00 EET | Press release

Regnology, a global leader in regulatory reporting and supervisory technology, today announces the successful closing of its acquisition of Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) business. This milestone reinforces Regnology’s position as the trusted partner for financial institutions and regulators worldwide, delivering smarter, faster compliance solutions at scale. Regnology is committed to ensuring business continuity for all FRR clients. With a proven track record in seamless migrations and a unified data model on a scalable SaaS platform, institutions can maintain compliance securely and efficiently throughout the integration process. The acquisition underscores Regnology’s vision to combine regulatory expertise with innovation. The recently launched RRH Ascend platform exemplifies this commitment, offering cloud-native architecture, advanced automation, and AI-driven insights to transform regulatory data into strategic value. By integrating Wolters Kluwer’s F

Ant International Upgrades Antom Copilot to Advance Domain-Specific Agentic AI to Solve Global Payment Complexity1.12.2025 08:21:00 EET | Press release

Antom, a leading merchant payment and digitisation services provider under Ant International, today announced major upgrades to Antom Copilot, its industry-first AI agent designed for merchant payment and operations management. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251130027598/en/ Antom Copilot supports a wide range of merchant payment operations and responds to early signs of issues with tailored recommendations. Integrated into the Antom Merchant Portal, Antom Copilot now provides enhanced automation and tailored assistance based on learnings from real-world cases, to help merchants handle payment complexity more efficiently. Main features include: Agentic support for entire payment lifecycle, from onboarding and integration, to dispute handling, risk control and payment success rate operation; Domain-trained intelligence functions like a virtual team of payment experts to manage traditionally resource-intensive

Samsung Bioepis Announces Launch of Denosumab Biosimilars, OBODENCE™ and XBRYK™, in Europe1.12.2025 08:00:00 EET | Press release

Samsung Bioepis Co., Ltd. today announced the launch of OBODENCE™ (60 mg pre-filled syringe) and XBRYK™ (120 mg vial), denosumab biosimilars referencing Prolia and Xgeva. The products will be commercially available in Europe in December 2025 and January 2026, respectively. “We are very thrilled to launch OBODENCE and XBRYK through our direct sales efforts. Osteoporosis remains a major challenge in Europe due to limited treatment options and affordability challenges. And bone-related events resulting from bone metastases significantly impact a patient's quality of life, leading to death if not treated fast enough. Our biosimilars aim to improve access, enable timely care, and ease the financial burden on healthcare systems.”, said Linda Choi MacDonald, Executive Vice President and Global Head of Commercial Division at Samsung Bioepis. “With our proven track records, we’re confident that OBODENCE and XBRYK will deliver meaningful impact on patients and their communities.” OBODENCE, refer

UAE announces Google Gemini Is Now the Most Culturally Accurate AI for Arabs28.11.2025 23:31:00 EET | Press release

The UAE’s Artificial Intelligence, Digital Economy, and Remote Work Applications Office announced that Google Gemini has ranked first in the “AI in the Ring” Index, the world’s first benchmark designed to evaluate how effectively AI language models reflect Emirati culture, dialects, traditions, and national values through a challenge centered on cultural intelligence within the UAE context. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251128785463/en/ UAE announces Google Gemini Is Now the Most Culturally Accurate AI for Arabs (Photo: AETOSWire) Gemini earned the top ranking following a review of over 400 questions across 7 cultural dimensions and 5,200 generated responses from 11 major language models. A Committee of Emirati experts evaluated the outputs to identify which models demonstrated the strongest cultural understanding. Following Gemini 2.5 Pro, the list of the top five high-performing models included: ChatGPT (O

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye