The 15-year-old Shafali, who was dismissed for a four-ball duck on her debut in the opening match, laid the foundation for a good total with a 33-ball innings, while Jemimah Rodrigues (33) provided the stablity, scoring a 22-ball 33.
Images from the Women's T20 World Cup Final between Australia and South Africa played in Cape Town on Sunday
The ace spinner is the eighth Indian cricketer to join Australia's women's domestic Twenty20 cricket competition after being roped in by Brisbane Heat for the upcoming season.
Verma, who had regained the top position last week, garnered 26 rating points for her knock in the final
Siraj, Pant, Ashwin, Natarajan and Root are nominated for new ICC player of month awards for January
Shafali Verma has leapfrogged Australia's Beth Mooney with scores of 23 and 47.
South Africa had been to five previous World Cup semi-finals across all formats without success, but now stand on the brink of a career-defining moment for what is largely a young group of players.
South Africa trounced India by 105 runs in the sixth and final women's T20 International in Surat on Friday. Despite the defeat, India cliched the six-match series 3-1, with two games being washed out due to rain.
Australia made it to the ICC women's T20 World Cup final, coming through a nerve-shredding semi-final against South Africa in Sydney on Thursday. They'll face India at the MCG on March 8 - International Women's Day. India's semi-final against England was abandoned without a ball bowled.
Indian women's team was also scheduled to tour England for the tri-series (also involving SA) but it had pulled out due to the health crisis in their own country.
Veteran Jhulan Goswami's four-wicket haul was beautifully complemented by Smriti Mandhana's sparkling half-century as Indian women outplayed South Africa by nine wickets in the second ODI to level the five-match series 1-1, in Lucknow, on Tuesday.
With two games being completely washed out, the series was extended from five to six matches and India needed to win on the day to seal the series.
Mithali Raj played a captain's knock, scoring an unbeaten 79 but South Africa registered a five-wicket victory in a low-scoring fifth and final women's ODI to seal the series 4-1.
Opener Mithali Raj held the innings together with an unbeaten half-century as Indian women notched up a comfortable seven-wicket victory over South Africa in the first T20 International, in Potchefstroom, on Tuesday.
Spinner Deepti Sharma bowled three maiden overs in her four-over quota, apart from taking three wickets, as the Indian women team edged past South Africa by 11 runs in the first T20 International.
Indian women's cricket team's confidence will be high as it heads into a five-game Twenty20 against South Africa.
The Indian women's cricket team would be aiming for quick recovery from a rare setback when it takes on South Africa in the fourth Twenty20 International, where a win would give the visitors an unbeatable series lead, in Centurion, on Wednesday.
Indian women's cricket team would look to continue its supremacy over South Africa when the two sides clash in the second Twenty20 International, in East London, on Friday.
Indian women's cricket team would look to extend its domination in the shortest format and achieve a rare double series win