How Alok Nanda & Company was formed just on the basis of faith
Nanda had approached Narotam Sekhsaria, the co-founder of Ambuja Cements. Sekhsaria was a client of Nanda’s at Trikaya Grey and the only one he hoped to get business from.

Nanda had approached Narotam Sekhsaria, the co-founder of Ambuja Cements. Sekhsaria was a client of Nanda’s at Trikaya Grey and the only one he hoped to get business from. But Sekhsaria refused, reasoning that knowing where he will get his next cheque from may make Nanda complacent. However, Nanda left with an assurance, that should he fail, Sekhsaria will support him. “I will fund your failure, not your success,” that’s what Sekhsaria said and with this show of faith was born, Alok Nanda & Company.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.