You should definitely retake the GMAT. Stanford's average score is topping 730 range and since your other target schools are among the most elite in the world, you can bet it will be extremely competitive. As an Indian applicant, you will be applying from a subset of general applicants which is even more competitive and generally has an even higher GMAT average than the general pool. All this points to trying to increase your score. Your profile looks good overall, with what appears to be demonstrated leadership and involvement. Additionally, even though your education is tech, you seem to have applied your skills in the finance arena, which is more impressive than a pure IT career, which will be more common. The good news is, you have a 50 quant score on your GMAT, which is essentially the minimum for the elite schools. Now see if you can get beyond the minimum.
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