Your first GMAT attempt will not matter. Great second score, but frankly, GMAT is not what helps you stand out in the Indian applicant pool. Great that you have it, since you wouldn't likely get in without it, but so many Indian applicants have good GMAT scores, that it's become an expectation from the adcoms unfortunately. I like your work experience, especially what you do now in building predictive and descriptive statistical models and consulting partners with the right business strategy, which will fit in well with Wharton and also set you up for a consulting gig afterwards (80% of Wharton grads go on to consulting or finance jobs). One thing that concerns me is your number of years out--Wharton sees on average about 5 years of work experience, so even though your work is very relevant and valuable for business school, you will be competing against others who have done what you do, only for longer and perhaps have direct reports or managerial experience by now. They may also question how you were able to startup two ventures in as many years while also carrying a complex finance job. You mention "food chain," but your description sounds like one location? Were your ventures profitable and successful? If so why are they no longer operating. If it was something you did in college, and learned some valuable takeaways, that could be a good angle, but I would be concerned once again about it appearing like you were moonlighting on your career, which you would need to present as robust and intense if you want them to forgive the short run in it. As for how many schools, 10 would be a lot by any measure especially considering your need to get recommenders for each school. I would say 5 or 6 should do the trick. We'd love to help you put this all together, so please don't hesitate to reach out on our toll free number for a free consultation.