First registered as a non-governmental organization when founded in March 2017, it received recognition as a political party from the Election Commission of India in 2022.

On 14 January 2022, the Revolutionary Goans Party officially announced Manoj Parab as their designated candidate for the position of Chief Minister in the 2022 Goa Legislative Assembly election.

[12] Viresh Borkar won the RGP's first seat in the assembly by defeating four-time MLA and former sports minister Francisco Silveira of the Bharatiya Janata Party by a margin of 76 votes.

[13] Political analyst Prakash Kamat expressed reservations about some of Parab and the party's ideas, suggesting that they may not align with constitutional principles.

Furthermore, Parab refuted allegations of his party being responsible for vote division in the assembly election, asserting that they merely provided voters with additional choices.

[17] On 3 October 2022, Parab held a press conference to announce the candidates his party was nominating for the upcoming by-elections in three Zilla Panchayat constituencies.

In the Reis Magos constituency, Korgaonkar secured the second position but lost to the BJP candidate, Sandeep Kashinath Bandodkar, by a margin of 4,244 votes.

[21] In the Davorlim constituency, Rebello came in fourth place, losing to the BJP candidate, Paresh Naik, by a margin of 3,296 votes.

[23] During a press conference in Panaji, Parab emphasized the RGP's commitment to its ideology and expressed its intention to reintroduce the POGO Bill in the state legislative assembly.