About the Scholarship
Launched in 2020, the TATA AIG-Avanti Fellows Scholarship program is designed to support girl students from economically and socially disadvantaged backgrounds in India who aspire to pursue higher education in the fields of Engineering and Medicine. This scholarship program is run by TATA AIG General Insurance Company Limited and Avanti Fellows.
The Scholarship program provides comprehensive support to selected scholars, including financial assistance, mentorship, and career guidance. The aim is to equip these scholars with the skills, knowledge, and confidence to succeed in their chosen fields and become the torch-bearers of change in their communities.
The scholarship program provides full financial support for their education, including tuition fees, living expenses, study materials, and a one-time gift of a brand-new laptop. This scholarship program is a highly impactful initiative that is helping to transform the lives of talented and deserving girl students from underserved communities in India.
At present, there are 163 scholars, who are pursuing Engineering and Medical streams in prestigious institutes across the country, being supported by this scholarship program. The beneficiaries of this scholarship program shall receive financial aid for the duration of their undergraduate education (4 to 5 years depending on the course of study).
About TATA AIG
About TATA AIG
TATA AIG General Insurance Company Limited is a joint venture company between Tata Group and American International Group (AIG). Since TATA AIG General Insurance Company Limited commenced operations in India on January 22, 2001, the Company has grown strongly to emerge as the preferred private general insurance company in India with several pioneering firsts to its credit. The Company offers a wide range of general insurance covers for businesses and individuals including a comprehensive range of general insurance products for Liability, Marine Cargo, Personal Accident, Travel, Rural-Agriculture Insurance, etc. With more than 200 offices spread across India, the Company has a robust multi-channel distribution network of 22,000+ licensed agents and 390+ licensed brokers. The Company has a workforce of over 5,000 employees, including 550+ claim experts and a dedicated Customer Service & Operations team (as of March 2019), consistently delivering superior service experiences powered by the latest innovations in technology.
About CSR at TATA AIG
About CSR at TATA AIG
CORPORATE SOCIAL RESPONSIBILITY (CSR)
Philosophy: Tata AIG has always strived for long-term stakeholder value creation through its business and Corporate Social Responsibility (CSR) endeavors thereby contributing to larger purpose of nation-building and societal well-being. “In a free enterprise, the community is not just another stakeholder in business, but is in fact the very purpose of its existence” - Jamsetji N Tata, Founder of Tata group. We at Tata AIG continue to be guided and inspired by this philosophy.
CSR Themes: As a responsible corporate citizen, Tata AIG continues to strive for improving the quality of life of communities - especially the needy and deserving, underprivileged and socio-economically backward, under its CSR initiatives. In alignment to Company’s CSR policy our Strategic CSR themes include Education, Healthcare, Integrated Rural Development, Environmental Sustainability and Disaster Response. Across all these themes, the overall CSR outreach in FY2022-23 was more than 73,000 lives in collaboration with several NGO partners.
Affirmative Action: Adopting Tata Group’s Affirmative Action Policy, the Company is committed to supporting initiatives aimed at ensuring an equal footing for Scheduled Caste (SC) and Scheduled Tribe (ST) Communities, Women from marginalized communities and Persons with Disabilities (PwDs) thereby furthering the larger Diversity & Inclusion (D&I) cause.
Illustration 1: Strategic CSR Themes
Illustration 2: Theme-wise CSR Projects: An Overview
About Avanti Fellows
About Avanti Fellows
Avanti Fellows is an award-winning non-profit organization established in 2010 by Harvard and IIT Bombay alumni Akshay Saxena and Krishna Ramkumar. Avanti aims to improve the quality of education and opportunities for able but marginalized students, with a cost-effective scalable model, which combines technological innovation, career counselling, and collaborative peer learning. Our mission is to provide high-quality education to underserved children aspiring to study in India’s top colleges. We have our presence in 21 States and 5 Union Territories across India, making Avanti one of the largest and most impactful secondary school interventions in Mathematics and Science. We have over 1,500 alumni at present and have supported over 150 students with scholarships to secure admission into premier engineering and medical universities in India.