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Potluri Vara Prasad | |
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Born | Potluri Vara Prasad September 8, 1970 (Age 53) |
Nationality | Indian |
Alma mater | NSM 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 |
Spouse | Jhansi Sureddy [2] |
Children | 2 |
Website | https://www.pvpglobal.com |
Potluri Vara Prasad (born September 8, 1970) is an Indian 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]
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]
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, PVP Ventures launched real estate development projects, including PVP [19] Square in Hyderabad. [20] Prasad has also been listed as a member of the Indo-American Chamber of Commerce and the Hyderabad Management Association, according to available business association records. [21]
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.