He is the founder, chairman and managing director of Motilal Oswal Financial Services Ltd, which he co-founded with Raamdeo Agrawal in 1987.
[1] Oswal was born to a Jain family in the small village of Padru in Barmer, Rajasthan, near the international border.
While Agarwal looked into finance with his 40-member research team, Oswal took charge of customer support, HR, operations and expansion with franchisee network.
[2] For his work and contribution to the capital markets, Oswal has received several awards, including: Oswal has received the Rashtriya Samman Patra[6] award from the Government of India for being amongst the highest income taxpayers in the country for a period of 5 years from FY95–FY99.
He is the President of the Jain International Trade Organisation (JITO) and a Trustee of "Agarwal-Oswal Chhatravas" of the Rajasthan Vidyarthi Griha, among others.