Prasad V. Potluri

Potluri Vara Prasad
Born
Potluri Vara Prasad

September 8, 1970 (Age 53)
Vijayawada, Andhra Pradesh, India
NationalityIndian
Alma materNSM Public School
Andhra Loyola College
KL University
Occupation(s)Entrepreneur
Ex Co-owner of Kerala Blasters F.C.
Owner of Hyderabad HotShots
CMD – PVP Ventures[1] Managing Director of PVP Cinema
SpouseJhansi Sureddy[2]
ChildrenPearl V. Potluri (Daughter)
Param V. Potluri (Son)
Websitehttps://www.pvpglobal.com

Potluri Vara Prasad (born September 8, 1970) is an Indian serial entrepreneur. He serves as the Executive Chairman and Managing Director of PVP Ventures Ltd., as well as the Managing Director and Executive Director of Picturehouse Media Ltd.[3][4][5]

Early life

Potluri Prasad was born in Vijayawada, Andhra Pradesh, India, to Potluri Raghavendra Rao and P. Manga Taradevi. He has two siblings. He attended NSM Public School in Vijayawada and pursued a degree in Mechanical Engineering at Nagarjuna University.[6] In 1994, he completed a Master’s degree at a university in Australia. The following year, in 1995, he moved to the United States.[7]

Career

In 1996, Prasad founded Procon, an IT services company, which was acquired by RCM Technologies in 1998.[8] In 2000, he launched Albion Orion Company, which later merged with SSI[9] in a transaction valued at $63.65 million.[10]

In 2001, Prasad co-founded Irevna, a company specializing in knowledge process outsourcing services, which was acquired by CRISIL in 2005.[11][12] In the following year, 2006, he founded PVP Ventures, a publicly traded corporation focused on media and entertainment financing.[13]

Under Prasad's leadership, PVP Ventures ventured into film production with PVP Cinema and acquired the Hyderabad Hotshots[14] franchise in the Indian Badminton League,[15][16][17] participating in the inaugural season in 2013.[18]

In 2008, Prasad expanded into the real estate sector with PVP Ventures and its development arm, PVP Square,[19][20] in Hyderabad.[21]

He is also a member of several business associations, including the Indo-American Chamber of Commerce and the Hyderabad Management Association.[22]

References

  1. ^ "Management Info – PVP Ventures Ltd". Ndtv Profit.
  2. ^ "Jhansi Sureddy, wife of Mr. Prasad V. Potluri". The Economic Times. 21 November 2011.
  3. ^ "Interview with Prasad V. Potluri". Idlebrain.com. Jeevi. Retrieved 26 November 2011.
  4. ^ Chowdhary, Y. Sunita (3 April 2006). "Log in, drink in the cinema". The Hindu. Archived from the original on 17 November 2014. Retrieved 14 November 2014. Telugucinema.com is another site that is a big hit. This first Telugu film site established eight years ago by Prasad Potluri in Pittsburgh, has loyal visitors.
  5. ^ "Prasad V. Potluri - Biography". www.marketscreener.com. Retrieved 20 July 2023.
  6. ^ "Prasad V. Potluri". veethi.com. Retrieved 20 July 2023.
  7. ^ "Prasad V Potluri interview - Telugu film producer and financier". www.idlebrain.com. Retrieved 3 August 2023.
  8. ^ "RCM Technologies, Inc. History | Michigan, accounted for 12.9 percent of RCM revenues in 1985". fundinguniverse.com.
  9. ^ "SSI Ltd has acquired the US-based Albion Orion Company in a cash-and-stock deal worth $63.65 million, the largest cross-border acquisition by an Indian IT company". moneycontrol.com.
  10. ^ "SSI to acquire US firm in $64-m stock, cash deal". The Hindu Business Line (Archive.is). 18 September 2000. Archived from the original on 11 October 2013. "SSI to acquire US firm in $64-m stock, cash deal". The Hindu Business Line. 18 September 2000. "Albion Orion goodwill drags SSI bottomline". thehindubusinessline.in. BLFeedback.
  11. ^ "Crisil buys Irevna for Rs 43 cr". thehindubusinessline.in. Retrieved 19 October 2004.
  12. ^ "Crisil Capital Markets". indiainfoline.com. Archived from the original on 1 November 2013. Retrieved 22 July 2013.
  13. ^ "Prasad V. Potluri Chairman & Managing Director". PVP Ventures Official Website. www.pvpglobal.com. "India's largest organized media capital house – PVP Cinema will be working with Pawan Kalyan for his next movie after Gabbar Singh 2". Andhra Times Blog. "PVP Ventures in media and entertainment financing". sify.com. Retrieved 18 June 2013.
  14. ^ "PVP Group owns Hyderabad Hotshots in IBL". zeenews.india.com. Retrieved 19 June 2013. "PVP Group owns Hyderabad Hotshots in Indian Badminton League". sports.ndtv.com. 19 June 2013. Archived from the original on 9 July 2013. "PVP Group buys IBL's Hyderabad franchise". ibnlive.in.com. Archived from the original on 9 July 2013. "PVP Group owns Hyderabad Hotshots in Indian Badminton League". sports.ndtv.com. 19 June 2013. Archived from the original on 27 June 2013. Retrieved 19 June 2013.
  15. ^ "Hyderabad group to own Hotshots in IBL". Retrieved 20 June 2013.
  16. ^ "PVP Group buys IBL's Hyderabad franchise". ibnlive.in.com. Archived from the original on 9 July 2013. Retrieved 19 June 2013.
  17. ^ "PVP Group owns Hyderabad Hotshots in Indian Badminton League". sports.ndtv.com. Archived from the original on 27 June 2013. Retrieved 19 June 2013.
  18. ^ "PVP Cinema, one of India's leading media and entertainment houses, which has delivered quality and cutting-edge entertainment, believes this project will be one of their most ambitious films". 18 June 2013. "PVP Ventures in media and entertainment financing". sify.com. Retrieved 18 June 2013.
  19. ^ "'PVP Square' to rise in Banjara Hills". The Hindu. Retrieved 18 July 2013.
  20. ^ "'PVP Square' to rise in Banjara Hills". Times of India. Retrieved 18 July 2013.[dead link‍]
  21. ^ "PVP Ventures enters real estate". The Hindu Business Line. Retrieved 18 July 2013.
  22. ^ "Business Community". Hyderabad Management Association. Retrieved 18 July 2013.

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