The ability to achieve without family background, ethnicity or social status being barriers in the way. To me, that's my definition of the American dream.
Wadhwani was then founder, chairman and CEO of Aspect Development, Inc., from its startup in 1991 to its acquisition in 1999 by i2 Technologies for $9.3 billion in stock.
They have one daughter, Melina, who married Patrick Carey in 2011. Carey works as head of sales operations at Symphony Talent.
In 2012, he inaugurated a new research centre at the National Centre for Biological Sciences (NCBS) in Bangalore, named named after his late mother, Shanta Wadhwani.
He established the Wadhwani Foundation for economic development in emerging economies, with an initial focus on India. Initiatives in India include the National Entrepreneurship Network, which has established programs to enable growth-centric entrepreneurship at over 500 universities and colleges; a skills college network to help train and place large numbers of young adults in vocational jobs; an opportunities network for the disabled; and a research initiative in biosciences and biotechnology to help create jobs through innovation. The Foundation has launched a US-India policy initiative, with Rick Inderfurth, previously Assistant Secretary of State, as the Wadhwani Chair at the Center for Strategic and International Studies, a policy think tank in Washington D.C. and Hemant Singh, former Indian Ambassador to Japan, as the head of the Wadhwani program at ICRIER, a major policy institute in Delhi. Wadhwani won the India Abroad Award for Lifetime Achievement in 2013.