Vodafone Idea Acquires 26% Stake in Aditya Birla Renewables SPV to Power Telecom Ops

In a strategic move to bolster its renewable energy portfolio, Vodafone Idea Limited has signed binding Purchase and Power Purchase Agreements (PPAs) on August 12, 2025, to acquire a 26% equity stake in Aditya Birla Renewables SPV 3 Limited (ABRen SPV 3). The special-purpose vehicle (SPV) has been established to own and operate a captive power plant, aimed at supplying clean energy to Vodafone Idea’s telecom operations.

Transaction Highlights

• Equity Stake: 26% in ABRen SPV 3
• Investment Value: ₹1.56 crore, to be infused in tranches over six months
• SPV Incorporation: November 21, 2024
• Authorised Share Capital: ₹6.50 crore
• Paid-up Capital: ₹1 lakh (10,000 equity shares of ₹10 each)
• Turnover: Nil as of date

The agreements were executed with Aditya Birla Renewables Limited, a related party under the Companies Act, 2013. The transaction has received approvals from both the Audit Committee and the Board of Directors of Vodafone Idea.

Vodafone Idea’s investment aligns with regulatory provisions under the Electricity Act, 2003, and the Indian Electricity Rules, 2005, which mandate equity participation for captive power consumption. The move is expected to provide cost-effective and sustainable energy, reducing operational costs and carbon footprint across its telecom infrastructure.

A spokesperson from Vodafone Idea commented, “This partnership reinforces our commitment to sustainability and energy efficiency. By investing in captive renewable energy, we aim to optimize costs and contribute to India’s clean energy transition.”

The telecom sector is increasingly turning to renewable energy to meet rising power demands while adhering to ESG goals. Vodafone Idea’s latest investment reflects a broader industry trend toward green infrastructure and energy independence.

Financial Literacy Program for Youngsters Being Conducted By Aditya Birla Capital Foundation (ABCF) and National Institute of Securities Market

Targets to educate over 40,000 youngsters in Tier-II and Tier-III locations

Aditya Birla Capital Foundation (“ABCF”), the CSR arm of Aditya Birla Capital and the National Institute of Securities Market (“NISM”), an educational initiative of SEBI, have announced their collaboration to conduct a customised Financial Literacy Program for youngsters, in over 60 cities, across Tier-II and Tier-III locations, pan-India.

The program endeavours to create financial awareness, this program will reach out to more than 40,000 college students, who will undergo an intense 10-hour financial literacy classroom training, facilitated by NISM-certified trainers. On successful completion of the training, participants will be given a certificate by NISM and Aditya Birla Capital Foundation.

Furthermore, to promote the habit of savings, financial planning and investing, the module will help deliver knowledge of financial and securities markets in a simplified manner. The aim is to enable students understand the framework of personal finance, diverse investment and savings opportunities, pre-requisites of engaging in securities markets and various risk assessment and mitigation strategies. The course will also help the participants to develop future-ready skills and explore careers in the financial services sector.

Mrs. Vishakha Mulye, Director, Aditya Birla Capital Foundation and CEO, Aditya Birla Capital Limited, said, "Empowering the youth with financial knowledge is pivotal in today's dynamic economic landscape. Financial education is like a life-skill and if imparted to youngsters at an early age, it will help to develop responsible financial behaviour and mindset to take charge of their financial well-being in the future. Our collaboration with NISM demonstrates our commitment to provide the right knowledge and skills necessary for future generations to make informed financial decisions and do well in their careers”.

Dr. CKG Nair, Director, NISM said, “NISM is tasked with the objective of enhancing awareness on the systems, products, and processes in the securities markets to a large number of stakeholders in the eco-system and to create a cadre of well-informed practitioners in tune with the regulatory objectives. This joint initiative between NISM and ABCF is an ideal platform to achieve the objective of well-informed participants in the securities markets”.

ABCF and NISM will conduct these trainings across various states including Maharashtra, Gujarat, Goa, Madhya Pradesh, Rajasthan, Uttar Pradesh, Haryana, Chhattisgarh, Jharkhand, Uttarakhand, Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, West Bengal, and Assam.

About Aditya Birla Capital Foundation (ABCF)

Aditya Birla Capital Foundation (“ABCF”) is the Corporate Social Responsibility (CSR) arm of Aditya Birla Capital for undertaking its developmental projects. Mrs. Rajashree Birla, Chairperson, ‘The Aditya Birla Centre for Community Initiatives and Rural Development’, is ABCF’s mentor; Mrs. Vishakha Mulye, CEO, Aditya Birla Capital Limited, Mr. Subhro Bhaduri, CHRO, Aditya Birla Capital Limited and Dr. Pragnya Ram, Group Executive President, Group Head - CSR, Legacy, Documentation & Archives serve as Directors. ABCF is committed to drive programs for inclusive growth and development of the underserved sections of society. Its engagement is primarily focused on women centric programs in the areas of healthcare, education, women empowerment, sustainable livelihood, sports, amongst others. Up until now, ABCF has made a qualitative difference to enrich the lives of over 5.5 Lakh people and is reckoned as a Force for Good amongst beneficiaries.

About National Institute of Securities Markets (NISM)

The National Institute of Securities Markets (NISM) is a public trust established in 2006 by the Securities and Exchange Board of India (SEBI), the regulator of the securities markets in India. The institute carries out a wide range of capacity building activities at various levels aimed at enhancing the quality standards in securities markets. NISM has embarked on a fast-track expansion of its activities, which will position the institute as a leading player in knowledge dissemination and skills enhancement in the financial markets’ domain. The mission for NISM is to add to market quality through educational and research initiatives that would support, enable, and expedite an entire gamut of high-quality knowledge services in the securities industry.

 

Sachin Bansal’s Chaitanya Set To Acquired by Ananya Birla’s Svatantra for INR 1,479 Cr

Move likely to catapult Svatantra to become the 2nd largest NBFC-MFI with a combined AUM of INR 12,409 Cr

In one of the biggest deals in the microfinance industry, Ananya Birla’s Svatantra Microfin Private Limited (Svatantra), has entered into a definitive agreement to acquire Chaitanya India Fin Credit Private Limited (Chaitanya), a wholly owned subsidiary of Navi Group (Navi). The transaction of INR 1,479 Cr is expected to be completed by the end of 2023, subject to receipt of regulatory approvals and customary closing adjustments.

The proposed acquisition is expected to transform the microfinance landscape, catapulting Svatantra into the second largest microfinance entity in India with a reach of more than 3.6 million active customers through 1,517 branches across 20 states and a combined AUM of INR 12,409 Cr as on March 31, 2023.

Svatantra and Chaitanya are new generation NBFC-MFIs with a strong track record of growth and profitability, leveraging technology to create impact and offer financial services to rural India.

Ms Ananya Birla

Commenting on the development, Ms. Ananya Birla, Founder and Chairperson of Svatantra, said, "Over the years, the Indian Microfinance industry has been a catalyst in the profound transformation of the Indian financial services sector by democratising finance.” She added, “The proposed acquisition will propel Svatantra to a significant leadership position. The combined entity will command a substantial reach, enabling the delivery of a diverse array of financial services to our clients across a geographically diverse portfolio. We are committed to being a responsible lender, and I believe our synergistic strengths and shared ethos will accelerate our ongoing journey to create a unique, valuable and impactful financial services entity. I am extremely proud of the team at Svatantra and the relentless efforts they put in everyday towards our shared vision.”

“We are pleased to announce the proposed sale of Chaitanya to Svatantra,” said Navi Chairman and CEO, Mr. Sachin Bansal. “We have seen Chaitanya grow almost 6X in the last 4 years, making credit accessible to rural India. This transaction is in line with our strategic plan to focus on our digital-first businesses, as we continue our digital-first financial services through the Navi Group. We believe that Svatantra is a good fit for Chaitanya and that the company will continue to grow and prosper with the combined expertise of both teams. I am very proud of the hard work the team has put in to be able to achieve this exponential growth in such a short span. As they take on this legacy, I want to extend my best wishes to them for their future endeavours.”

JM Financial Limited acted as the exclusive financial advisor to Navi for this transaction.

About Svatantra Microfin Private Limited (Svatantra)

Svatantra was incorporated in 2012 by Ms. Ananya Birla. It started its operations in March 2013. In a short span Svatantra has emerged as the most differentiated process and technology-driven microfinance entity, which offers microcredit at affordable rates in the country. Svatantra today with a team of 7,000+ employees serve over 2.2 million rural customers across 19 states with an AUM of INR 7,499 Cr (as on March 31, 2023). Svatantra’s compounded growth rate is that of 118% (FY15-23). The organisation provides affordable financial and non-financial solutions to rural women who are entrepreneurs themselves.

With a central aim of financial inclusion, Svatantra is the only MFI with 100% cashless disbursements, since inception, facilitating activation of bank accounts for its clients. The AA- rated organisation was awarded the best microfinance organisation of the year in 2021 and was placed in the top 30 best places to work in its segment by globally recognized Great Places To Work for two years in a row (2020 & 2022). In addition, Svatantra MHFC, her micro housing arm, is the only housing institution to focus on the EWS/LIG segment, and to have a completely branchless model.

About Chaitanya India Fin Credit Private Limited (Chaitanya)

Chaitanya, founded in 2009, was acquired by Sachin Bansal in October 2019 (along with its parent entity, now called Navi Finserv Limited) for about 150 Cr. Chaitanya has focused on servicing rural India digitally with support from its parent company Navi, and making credit accessible to all of rural India. Since the acquisition Chaitanya’s business has seen a compounded growth rate of 77% YoY, increasing its book size from about INR 900 Cr in March 2020 to over INR 4900 Cr in March 31, 2023. Chaitanya services 1.4 million customers across 12 states in India with an AUM of over INR 4,900 Cr. It had a net worth of INR 721 Cr as on March 31, 2023 which was shored up through a further capital raise of INR 75 Cr in June 2023. Chaitanya, currently A rated (CRISIL), has moved up 4 notches in its credit rating in less than 4 years through the help of its high-quality team of 6,000+ employees. Chaitanya is one of the few MFIs that was not impacted by COVID, in fact it continued to grow at a rate faster than the industry average. Despite the exponential growth in business Chaitanya maintains one of the best collection efficiencies in the industry.

About Navi Group (Navi)

Adopting a mobile-first approach, utilising strong in-house technology and product expertise, Navi is building customer-centric financial products. It is uniquely positioned as the leading end-to-end digital ecosystem player with complete control over customer experience in all three non-payments financial service offerings – lending, insurance, and asset management. Co-founded by Sachin Bansal and Ankit Agarwal, Navi is headquartered in Bangalore.

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Can I Buy Life Insurance for My Parents?

You may have your own way of expressing love and concern for your parents! Everyone has.

Just the way your parents never thought much when it came to buying valuable things for you, you must do the same. When old the active income for your parents might stop, but for you, it can grow fast. So it is when you can create a source of income for them. There could be ways in which you can do it. Out of those, the wisest way to create safety and wealth is to buy life insurance for parents. 

Yes, you read it right!

If a child, a spouse, a life partner or a parent depends on you and your income, you need life insurance.

Suze Orman.

Table of Content

1. Can I purchase life insurance for my parents?
2. How can a life insurance policy for parents help?
3. Best life insurance policies you can purchase for parents.
4. How to buy life insurance for parents?
5. Things to keep in mind before purchasing life insurance for my parents.
6. Conclusion

Can I purchase life insurance for my parents?

Yes, you can buy life insurance for your parents.

The average life expectancy rates have increased, which has resulted in the rise in the older population in India. As a result, lifestyles have changed along with the rising inflation. Overall, the living cost is higher, requiring you to arrange for funds.

Buying life insurance is arranging funds for unexpected emergencies. It provides financial security to the policyholder. Your parents might feel financially distressed in old age; they can have a sense of security with life insurance.

Parents' life insurance policy can help them replace their income and offer them financial help.

In case of the unfortunate demise of either of the parents, the spouse gets back-up to bear with the financial difficulties.

With a life insurance policy, you can manage outstanding debts.

How can a life insurance policy for parents help?

Sudheer purchased a life insurance policy for his parents. He lived with his wife, 2 kids and dependent parents. Sudheer and his wife were both working, but the expenses, especially the house rent and the kids' tuition fees, were sky-rocketing. This led both of them to think about creating wealth and financial securities.

10 years after buying the life insurance policies for parents, the procedure started paying back the returns. Finally, the parents had a source of income. For 5 years, when Sudheer's father died, his mother felt confident because the life insurance policy occasionally paid her.

When his elder son was about to get into college, the fees were high. The life insurance policy helped the family manage their expenses. In addition, it offered monetary help to both Sudheer and his mother.

Best life insurance policies you can purchase for parents.

There are different types of life insurance policies you can purchase for parents. These policies include :

1. Term Life Insurance Policy: Term insurance is a life insurance policy that offers financial security for a specified period. The premium for the policy term is the same for any individual. If anything happens to the life insured during the policy term, the dependents or the family members get the sum assured as the death benefit. The term life insurance is a pure protection plan for which the premium is low for higher choices. You can buy a term insurance plan from here.

2. Retirement Plan: Retirement plan or pension plan are savings cum investment plans. This insurance policy helps your parents earn when they are not employed. After years of paying the premium, your parents can withdraw all the amount saved. With a pension plan, partial withdrawals are allowed. The amount of money on maturity helps your parents maintain a standard of living. Find out more about pension plans here.

3. Savings Plan: The savings or endowment plan will help you build a corpus of money. You can save money for different goals or dreams that your parents might have. The savings plan provides financial protection to the family in case of any unfortunate events.

4. Health Plan: Medical inflation and the probability of contracting a critical illness rise. You may not always have funds to manage expenses. This is why you can have a health plan for your parents. The plan will enable you to manage a sudden financial crunch, especially when your parents are diagnosed with a critical illness.

How to buy life insurance for parents?

Before buying the life insurance policy for parents, you will have to follow these:

1. Evaluate and analyse all your financial requirements, especially living with a family. Consider the monthly monetary flow like fees, bills, loan EMIs, etc.
2. Understand the age of your parents and their financial status. Compare the plan you want to choose with their style of living at present. For the best and affordable insurance plan, you can visit https://lifeinsurance.adityabirlacapital.com/.
3. After deciding the requirements, find out which life insurance plans you can buy. Then analyse your premium paying capacity and the policy tenure you would want.
4. Choose the insurance plan online and see the affordable life insurance for parents.
5. Visit the website online, click buy and then pay the premium.

If you cannot pick a life insurance product, you can also consult your financial advisor.

Benefits of the life insurance policy purchased for my parents.

Affordable life insurance policies that you purchase for your parents will offer you these benefits:

• Your parents will feel protected, confident, and respected in old age.
• Investing in life insurance policies for parents will avert financial uncertainties in the future.
• With a life insurance policy, if either of the parents passes away, the other has a feeling of security.
• All the premiums of life insurance policy provide you tax benefit under Section 80C of Income Tax Act, 1961. The maturity amount on the death of the life insured is also tax exempted under Section 10(10D).

Things to keep in mind before purchasing life insurance for my parents.

These are the things that you can keep in mind before purchasing life insurance for my parents:

• Understand the current lifestyle of your parents: Understand the current lifestyle of your parents before choosing life insurance. The life insurance policy should offer financial help to your parents, especially when they are in need.
• Buy the right product for a financial goal: Suppose your parents have taken a loan for building the house you live in. You can buy a term plan for the specified period. If anything happens to the life insured, the policy will pay the death benefit. The amount of sum assured received will help you get rid of loan liabilities if any.
• Check your premium paying capacity: You can know the premium paying capacity for a specified policy term. Compared to other monthly expenses, you can decide the premium and the policy term. Remember that if you are invested for the longest possible term, the power of compounding pays you more.
• Find out the Claim Settlement Ratio: Check the claim settlement ratio of a company. It indicates the claim settled by the company against the total number of claims received by the insurer. If the claim settlement ratio is high, the company has a good image, showing the customer-centric approach.
• Explore the services offered by the insurance company: You must explore the services provided by the insurance company. The company must provide service on digital platforms to speed up the process.

Conclusion:

You can gift as many things to your parents as you want. But buying a life insurance policy for your parents would be the best solution. A life insurance policy will support them for sudden financial crises in the future. Purchasing a policy for your parents becomes essential when you have dependent children to take care of. Though you would never wish that anything happens to your parents, a life insurance policy will reduce financial troubles.

How Do I Choose the Best Investment Plan for Wealth Creation?

Introduction

Wealth creation might look like a lemon squeezy job, but it isn't. One needs to plan accordingly. Wealth creation is necessary for life because you never know how things might take a turn in your life and when a train full of financial emergencies and add-ons would arrive at your door.

This blog will help you understand,

• What is wealth creation?
• What are the wise and proper steps to create wealth?
• What are the factors one needs to consider in wealth creation?
• How is life insurance a beneficial tool for wealth creation?
• What are the best life insurance to view for wealth creation?

Are you set to take an insightful dip into the knowledge world concerning wealth creation? If yes, let us begin.

What is Wealth Creation?

Wealth creation relates to accumulating wealth via financial items in multiple ways.

For instance, when you invest in financial items over a long period of time, you will receive more significant returns (here, the ROI is high). One works hard and earns more than a 5 digit salary so that they can enjoy and live through their long-term financial goals, such as a dream home, foreign vacations, providing good education to children, and many more.

Wealth creation is vital for every individual, and one should start planning and investing in the suitable means for wealth creation because:

It offers you ample funds in your reserve to help you achieve your long-term objectives.

It provides a consistent source of income even if you are no longer employed or earning. Even at the time of crisis, it acts as a financial backup plan. It might be an excellent strategy to assure financial liquidity and assist your loved ones in maintaining a balanced life without compromising any tangent.

Who would like to continue to earn when they have worked throughout their youth? None right? Because post 50 or 60 years, people want to sit back and enjoy their share of earnings without any constraints. With wise wealth creation, you will never face a financial crisis and will be self-sufficient for the rest of your life.

What are the important factors to consider in wealth creation?

Begin in your twenties: Yes, you heard me right. Even though it is the prime age to explore, earn, spend, and have fun, it is also the age to be wise and save. According to Shibu Das, founder of Fine Advice Private, starting early in wealth creation is a calculative task that can benefit individuals in the long run.

If you start investing Rs.10,000/- monthly at a rate of 15% per year when you are 20, you would be able to retire at the age of 60 with a corpus of more than Rs 30 crore. However, If you wait until you are 40 and retire at the age of 60, your finance reserve will have Rs 1.52 crore!

Massive difference, right?

Even though age is just a number, starting at an early age impacts wealth creation.

Try to attain stability in one job: Firstly, have a stable job and then have some side remittance dishes in life. I stress upon stability because that's where a fixed monthly income happens, and then only you would be able to invest and reap the benefits.

One should always try to maintain a consistent source of income and pension benefits. One is free to hop from one job to another based on the hike you get but always make sure that before leaving one, you have another aligned so that you don't fall short in terms of finance or end up exhausting money from your emergency kitty.

Say YES to life insurance: Investing in life insurance is one mandate that one should follow once one enters their twenties. Life is uncertain because financial emergencies come unwelcomed and hold power to disrupt the status quo in your life. Life insurance is a wise option that one can use to have a steady and safe wealth creation.

Earn and Invest in multiple manners:

• Have a stable job.
• Try to multitask.
• Have other employment types because having several sources of income and various assets is one of the most potent wealth growth tactics you can employ.

You can be a freelancer and have a stable job; it is all about juggling and earning in different currencies.

Apart from earning income from multiple places, you can also invest in various areas to earn better. One can always consider options such as - life insurance, equities, mutual funds, and many more. Diversification lowers the chance of loss while potentially yielding enormous benefits.

Watch your expenses: One should earn aggressively and spend wisely; this is the thought that I follow. For instance, a home loan or an education loan makes sense, but taking a loan for consumables or items that lose value makes no sense. Impulse buying will result to be a curse if not dealt with rightly.

Always remember whether the product is a necessity or mere desire. The power of swipes or scans can make or break your financial base. Leading a debt-free life is something that everyone can't live. Challenge yourself to lead a sufficient life rather than pricey.

How is life insurance a beneficial tool for wealth creation?

Whenever you think of life insurance, consider it the unsung hero of one's life because it is a single package inclusive of many offers. Some of the benefits of owning life insurance are as follows:

Death Benefit: Here, if the policyholder meets with an unfortunate death, the lump sum of the premiums paid by the policyholder will be handed over to the nominee(s) as decided by the policyholder.

Paying premiums will help lead to tax-free life: If you wisely invest in an insurance policy, your tax is exempted under Sec 80 C and 10 (10D).

Maturity Benefit - Once the insurance policy is over, you can get back all the premiums paid with the interest over them. Sounds cool, right?

Buying the appropriate type of life insurance (along with Riders) can help mend your life as per the welcome and unwelcome events in life.

What are the best life insurance to view for wealth creation?

In this blog section, we will see some of the best life insurance plans that one can use to have a steady, secure, and beneficial wealth creation.

They are as follows:

Aditya Birla Sun Life Insurance DigiShield Plan

This term insurance plan of ABSLI is also known as the 'Sabka Vala Term Plan' because it is a complete all-in-one plan that can protect numerous requirements based on int stages and needs in life scenarios.

This unique term insurance plan comes with ten plan options from which to pick based on your needs, and they are as follows:

1. Level Cover Option
2. Increasing Cover Option
3. Sum Assured Reduction Option
4. Whole Life Option (Level Cover)
5. Whole Life Option (Sum Assured Reduction Cover)
6. Income Benefit
7. Level Cover plus Income Benefit
8. Low Cover Option
9. Level Cover with Survival Benefit
10. Return of Premium (ROP)

Death Benefit: It means if the policyholder dies during the term, the death benefit will be paid to the nominee(s)/legal heir(s) as mentioned by the insured.

Terminal Illness Benefit: let's assume that you are diagnosed with a chronic illness. At this point, you will need money the most, and this is when your term insurance will come in handy. When the Policy is in force, you will receive a lump-sum payment equal to 50% of the applicable amount guaranteed, up to a maximum of Rs. 2 crores, and all future premiums will be canceled.

When you hit 60, you will be entitled to monthly survival benefits. It means no more relying on others when a wise investment may pay you back when you need it most.

Under this plan, the death benefits may be paid out in monthly installments, lump sums, or both. Examine the plan option you have selected.

Aditya Birla Sun Life Insurance Life Shield

This term insurance plan includes a customized plan Option that allows you to select from eight distinct plan alternatives based on your family's needs, guaranteeing that they do not have to sacrifice their lifestyle even in your absence.

They provide eight plan alternatives from which to pick based on one's needs, and they are as follows:

1. Level Term Assurance
2. Level Term Assurance with Waiver of Premium (WOP) Benefits
3. Increasing Term Assurance
4. Increasing Term Assurance with Waiver of Premium (WOP) Benefits
5. Decreasing Term Assurance
6. Decreasing Term Assurance with Waiver of Premium (WOP) Benefits
7. Return of Premium

Return of Premium with Waiver of Premium (WOP) Benefit

Joint Life Protection: With this advantage, you can accompany your wife. The relevant Sum Assured of your spouse will be half of your applicable Sum Assured. It completes one of the vows of the wedding to take care of your wife till death.

Return of Premium option: This benefit specifies that if you live to the end of the insurance term, the insured will be refunded for the whole amount of all premiums paid on the policy maturity date (check for the Option plan).

Enhanced life stage protection: With this benefit, you may expand your coverage after each event (marriage and kids) without having to do a medical exam.

Waiver of Premium: If the life insured suffers from total and permanent incapacity or severe illness when the policy period is active, future premiums will be waived, and the plan's death benefit will remain unaffected.

Conclusion

It might look like a long list of tasks but don't worry. All you need is a source of income, patience, an emergency finance base, and calculated moves for decent wealth creation.

Still, if you feel that you are lagging, contact a financial advisor who can get you a better idea about wealth creation and the feasible means to attain it.

‘Infinity 2021 - The Ultimate Math Championship’, Organized by Aditya Birla World Academy, goes global this year

567 students, 189 teams, 130 schools from India, Dubai, Doha, Singapore & Sri Lanka participated in ‘Infinity 2021’ organized by Aditya Birla World Academy in association with BITS Pilani

Mumbai, 21st January 2021: Aditya Birla World Academy (ABWA), India's leading International School, in association with BITS Pilani successfully conducted 'Infinity 2021- The Ultimate Math Championship' to hone the inner mathematical genius among school students. 

For the first time since its inception, Infinity was conducted virtually this year and saw overwhelming participation of 567 students, 189 teams from across 130 national and international schools. The championship went global this year with young talent participating from Dubai, Doha, Singapore and Sri Lanka. The core idea of ‘Infinity’ was conceived by Mr. Prodipta Hore, Coordinator of International Initiatives at Aditya Birla World Academy with the view to inculcate love for mathematics and unravel knowledge through idea-sharing.

Mrs. Neerja Birla, Founder and Chairperson, Aditya Birla Education Trust, said, “Despite it being a virtual event, Infinity 2021 saw Mathematics enthusiasts come together to celebrate the bright minds from diverse regions of the world. It was truly a remarkable moment for us to not only host the championship which saw talented young minds participate but also it was of great satisfaction to witness such a large number of students compete and showcase their skills."

Mrs. Radhika Sinha, Principal, Aditya Birla World Academy said, “The 7th edition of Infinity witnessed participation from 130 national and international schools, which truly showcases the enthusiasm of these youngsters. In this competition, the rounds were designed to develop the most engaging and fun ways for students to learn and celebrate Mathematics, breaking the stereotype of it being considered a tedious subject."

The top 50 teams competed in the finale, which took place on the 15th and 16th January 2021. The Guests of Honour were Dr. James Tanton, Mathematician-at-Large, from the Mathematical Association of America and Dr. Quan Lam, Founder, World Mathematics Team Championship. The day one of Infinity comprised the individual round - 'Clash of Mathematicians'. The next round was 'Math Challengers' followed by 'Pass the Baton’ round and the last activity for the day was the 'Ice Breaker Activity.' The day two of Infinity consisted of a quiz round – ‘Quizzitch’, ‘Bulb Your Ideas’ round and a workshop on Autograph by Mr. Douglas Bulter.

The Winner of Infinity 2021 was Delhi Public School, Greater Faridabad and the team members Aviral Jain, Kanishk Goyal and Krish Techchandani received the Infinity Champions of the Year Certificate. The Mathematician of the Year 2021 was awarded to Yash Vats from Delhi Public School, Greater Faridabad and Ashug Kumar Gurijala from Oakridge International School, Hyderabad. The Gold Certificate Winners for ‘Math Challengers’, ‘Quizzitch’, 'Pass the Baton’ and ‘Bulb Your Ideas’ were Hill Spring International School, Mumbai, Aditya Birla World Academy, Mumbai, Dhirubhai Ambani International School, Mumbai and Navrachana International School, Vadodara respectively.

About Aditya Birla World Academy

Backed by Aditya Birla Education Trust, Aditya Birla World Academy (ABWA) is India's leading International School located in South Mumbai. ABWA strongly believes in holistic development of its students. ABWA strives to create a cohesive learning environment that is conducive to developing a child's innate talents. In addition to focus on academic excellence, ABWA students are encouraged to think critically and question the world around them. Further, through a wide range of extra and co-curricular activities, ABWA aims to develop a child’s personality and stimulate him/her to be a mindful, sensitive and responsible member of the society. ABWA focuses on socio-emotional development of each and every child to ensure that he/she feels safe, supported and motivated.

Birla Institute of Technology & Science (BITS) Pilani, established in the year 1964, is an all-India Institute for Higher education deemed to be a university by the Government of India. BITS offers admission in three tiers: First Degree, Higher Degree and Doctoral Degree. Its campuses in Pilani, Goa, Hyderabad and Dubai provide to over 12,000 students an all-round educational and co-curricular experience that is second to none in India. It offers UG, PG and PhD level programmes in Science, Engineering, Pharmacy, Management, Economics & Finance and Social Sciences.

The Department of Humanities and Social Sciences at BITS Pilani campus consists of 16 faculty members with different specializations. The department is involved in research and teaching. It offers Higher degree programmes leading to the award of Doctoral and Master’s degrees. The department offers about 50 courses related to Humanities, Social Sciences, and interdisciplinary subjects every semester. All the students are required to do a minimum of three courses in Humanities and Social Sciences before their graduation.

Aditya Birla Education Trust (ABET) is an organisation committed to the cause of education and mental health, with an objective to nurture young minds. Right from establishing the Aditya Birla World Academy, an International School with an Indian soul, to The Aditya Birla Integrated School, which acknowledges the need to cater to children with different learning needs, ABET has always prioritised the importance of a child’s overall development. 

Further under the aegis of ABET, the Aditya Birla Education Academy provides professional development opportunities for educators, and engages, empowers and equips them to contribute towards shaping the future of young minds. In an endeavour to stamp out stigma surrounding mental health concerns, ABET has established Mpower, a holistic mental health care initiative, which has become the pioneer of mental health awareness in the country. Aditya Birla Education Trust runs under the zealous leadership of its passionate and committed Founder & Chairperson, Mrs. Neerja Birla.