FIDE and Tech Mahindra Announce Historic Partnership Marking Key Milestone in Founding World Chess League |


LAUSANNE, Switzerland – (BUSINESS WIRE) – June 4, 2021–

The International Chess Federation is pleased to announce a new partnership with Tech Mahindra Ltd., a leading provider of digital transformation, consulting and business reengineering services and solutions. The memorandum of understanding signed between the parties focuses on the creation of 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 enjoy accredited and exclusive status as the only world league officially recognized by the governing body of the sport of chess.

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The competition will be established as a one-of-a-kind “phygital” (physical and digital) league, engaging players of all levels – professional and otherwise. In principle, it will feature multiple teams owned by franchises from around the world, which will include a mix of titled players as well as juniors and generic players playing against each other in an exciting format.

FIDE and Tech Mahindra join forces and expertise to ensure that the spirit of the game and the highest sporting and organizational 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 the game of chess in new and innovative formats, create opportunities for young people and encourage many champions around the world. The partnership aims to take advantage of new era technologies such as 5G, artificial intelligence, virtual reality, among others, and explore innovative ways to promote the game through interactive technology-based platforms.

A new holding company will be created to ensure the functioning of the Global Chess League, of which the president of FIDE will sit on the board of directors. The project will also have five-time world chess champion Viswanathan Anand as a mentor and partner, who will not only advise but also help shape the league.

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

The collaboration will support several local FIDE initiatives and make chess an attractive career choice and global math game.

Arkady Dvorkovich, President of FIDE, said: “The motto of chess is ‘Gens una sumus’, which means ‘We are one people’, and we at FIDE take this unique opportunity to popularize the game that carries the motto of uniting the world. We strive to dramatically improve its visibility across a technology-powered global league and are honored to have partnered with Tech Mahindra. I am sure that Tech Mahindra’s expertise will further help elevate the Global Chess League to the next level, accelerate its popularity, and make it the most captivating tournament for chess fans.

As part of its NXT.NOW framework, which aims to enhance the ‘human-centric experience’, Tech Mahindra is focused on leveraging cutting-edge technologies to deliver an enhanced experience and enable digital transformation to meet business needs. evolving customer needs.

CP Gurnani, Managing Director and CEO of Tech Mahindra, said, “Chess and the business ecosystem are a reflection of the same ‘game’, which puts people, strategy and adaptations at the heart of their concerns. The partnership with FIDE marks the coming together of two organizations to promote, revolutionize and stimulate the engagement of fans of a historic game, such as chess. We see great potential in this partnership which aims to raise the profile of the game, to uncover the next generations of chess champions – including women and children, to improve the fan base across the world and to the bring them to new trading heights.

Viswanathan Anand, five-time world chess champion and Global Chess League mentor and partner, said: “With the arrival of FIDE alongside Tech Mahindra, I am sure the Global Chess League will help catalyze the game’s popularity. while keeping the spirit of the game intact and creating opportunities for young talent around the world ”

About the World Chess League:

In February 2021, Tech Mahindra launched the first global chess league of its kind. The Global Chess League will engage players of all skill levels, professional and otherwise, and will feature multiple teams from franchises around the world. The teams will be made up of a mix of titled players and men, as well as juniors and wildcards playing against each other in an exciting format. The teams that qualify for the semi-finals will enter the knockout phase of the championship. Tech Mahindra will act as the architect behind this concept and provide the operational and technological support necessary to execute the vision.

Viswanathan Anand, five-time world chess champion and mentor and official partner of the Global Chess Leagues, will help catalyze the growth of chess.

About FIDE:

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

FIDE is currently headquartered in Laussane, but it was initially founded in 1924 in Paris under the motto “Gens una Sumus” (Latin for “We are a family”). It was one of the very first international sports federations, alongside the sports governing bodies of football, cricket, swimming and motor racing. It is now one of the largest, encompassing 195 countries as affiliate members, in the form of national chess federations. Chess is today a truly global sport, with tens of millions of players on all continents, and more than 60 million games played on average every day.

More information: www.fide.com

Contact: press@fide.com

About Tech Mahindra

Tech Mahindra delivers innovative, customer-centric digital experiences that empower businesses, associates and society to grow. We are a US $ 5.1 billion organization with more than 121,000 professionals in 90 countries serving 1,007 global clients, including Fortune 500 companies. We are focused on leveraging next generation technologies, including 5G, blockchain, cybersecurity, artificial intelligence, etc., to enable end-to-end digital transformation for global customers.

Tech Mahindra is one of the fastest growing brands and among the top 15 IT service providers in the world. Tech Mahindra has always emerged as a leader in sustainability and is recognized as one of the “2021 Global 100 Most Sustainable Companies in the World” by Corporate Knights. With the NXT.NOW framework, Tech Mahindra aims to enhance the “human-centric experience” for our ecosystem and disrupt collaboration through synergies arising from a strong portfolio of companies. We aim to deliver tomorrow’s experiences today and believe that the “future is now”.

We are part of the Mahindra Group, a $ 19.4 billion business federation that empowers people through innovative mobility solutions, fostering rural prosperity, improving urban life, developing new businesses and favoring communities. It occupies a leading position in commercial vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company by volume. It also benefits from a strong presence in renewable energies, the food industry, logistics and real estate development. Based in India, Mahindra employs more than 2,56,000 people in 100 countries. Connect with us on www.TechMahindra.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210604005308/en/

CONTACT: Media contact:

Abhilasha Gupta, Global Corporate Communications and Public Affairs, Tech Mahindra

Email: Abhilasha.Gupta@TechMahindra.com; media.relations@TechMahindra.com

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SOURCE: Tech Mahindra Ltd.

Copyright Business Wire 2021.

PUB: 04/06/21 07:34 / DISC: 04/06/21 07:34 AM

http://www.businesswire.com/news/home/20210604005308/en


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