Shaastra IIT Madras invites all chess players around the world in the fifth edition of Shaastra Rapid Rating Open 2023. It is scheduled to take place on 11th and 12th March 2023. This the only IIT which organizes an Open Rapid Rating event every year. Due to Covid-19 pandemic, the tournament could not take place in the last two years. This year the total prize fund is ₹500000, a huge increase of 66.67% worth ₹200000 since the previous edition held in 2020. So far five GMs, six IMs, a WGM and two WIMs have already confirmed their participation. The total number of players increase every year by a lot. Last edition had a total 440 players. Last date of registration is 10th March 2023 5 p.m. IST. Photo: Tournament circular