New Delhi: India is a mine of talent and a good mentor is needed to nurture the talented young generation. Chess maestro Viswanathan Anand on Monday announced that he is launching an academy for budding chess stars. The Chess maestro took to Twitter to share this information. He said that he will personally monitor the progress of young chess stars in the country. Taking to Twitter, Anand wrote: "I am very excited to announce the launch of WestBridge Anand Chess Academy (WACA). Very happy to partner with WestBridge Capital in realising a long dream of mine to nurture talent in India." Anand also revealed that there will be a fellowship program that will aim to take the junior chess stars to the top ranks. In another tweet, "I will personally be monitoring their progress both as a person and as a chess player. This will be a fellowship program that will aim to take our most talented junior chess prodigies to the top ranks." Anand was the first recipient of the Rajiv Gandhi Khel Ratna Award in 1991-92. In 2007, he was then awarded India's second-highest civilian award, the Padma Vibhushan. Also Read: Dubai Endurance Karting C'ship: Aashi Hanspal clinches two podium finishes I try to learn from hockey legends like Sardar Singh and Manpreet: Maninder Mohammedan SC defeats Gokulam Kerala FC 1-0 in quarter-finals