Investing all my money in biz not best way to grow wealth: Ambit's Wadhwa

Veteran financier Ashok Wadhwa talks to Pavan Lall about mistakes and opportunities

When it comes to Mumbai’s money men, Ashok Wadhwa needs little introduction. The accountant-turned-investment banker is best known for his bordering-on-brash style and the creation of Ambit Securities, which provides capital and advisory services ranging from business loans to investment banking, asset management, institutional equities and more.

Wadhwa's is a classic tale of a small-town boy turning up in a big city to play in the big leagues –– and making a mark.  

Today, Ambit employs 800 people and its lending business has 55 branches with franchises in Mumbai, Delhi, Bengaluru, Singapore and New York. Its assets under advisory stand at Rs