"My only aim in life is to make sure that every child is a free child, I refuse to accept that all the temples, mosques, churches and prayer houses have no place for the dreams of our children," said the Nobel laureate in his acceptance speech at the Oslo City Hall.
Mr Satyarthi has worked for child rights for over 30 years through the Bachpan Bachao Andolan, an NGO which is credited with freeing over 80,000 children from bonded labour across India.
"I have seen gods in the smiles of kids I have rescued, I represent the sounds of silence, the voices of innocence," said Mr Satyarthi.
"In the pursuit of global progress, not a single person should be left out in any corner of the world. Let us work together for the good of the whole world. I represent millions of children who are left behind."
The Nobel Prizes are presented every year December 10, the death anniversary of Alfred Nobel.