Prasad V. Potluri

Last updated

Potluri Vara Prasad
Prasad V Potluri.png
Born
Potluri Vara Prasad

September 8, 1970 (Age 53)
Vijayawada, Andhra Pradesh, India
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
SpouseJhansi Sureddy [2]
ChildrenPearl V. Potluri (Daughter)
Param V. Potluri (Son)
Website https://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]

Contents

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] in Hyderabad. [20]

He is also a member of several business associations, including the Indo-American Chamber of Commerce and the Hyderabad Management Association. [21]

Related Research Articles

<span class="mw-page-title-main">Nagarjuna (actor)</span> Indian actor and film producer (born 1959)

Akkineni Nagarjuna Rao is an Indian actor and film producer known for his work primarily in Telugu cinema, as well as in a few Hindi and Tamil films. He has appeared in over 90 films and is a recipient of two National Film Awards for Ninne Pelladata (1996) and Annamayya (1997). Nagarjuna has also won ten Nandi Awards and three Filmfare Awards South.

<span class="mw-page-title-main">Genome Valley</span> Life Sciences in Telangana, India

Genome Valley is an Indian high-technology business district spread across 2,000-acre (8.1 km2)/(3.1 sq mi) in Hyderabad, India. It is located across the suburbs, Turakapally, Shamirpet, Medchal, Uppal, Patancheru, Jeedimetla, Gachibowli and Keesara. The Genome Valley has developed as a cluster for Biomedical research, training and manufacturing. Genome Valley is now into its Phase III, which is about 11 kms from the Phase I and II with the total area approximately 2,000-acre (8.1 km2).

<span class="mw-page-title-main">Telugu cinema</span>

Telugu cinema, also known as Tollywood, is the segment of Indian cinema dedicated to the production of motion pictures in the Telugu language, widely spoken in the states of Andhra Pradesh and Telangana. Based in Film Nagar, Hyderabad, Telugu cinema is the largest film industry in India by box-office revenue as of 2021. Telugu films sold 23.3 crore tickets in 2022, the highest among all Indian film industries. As of 2023, Andhra Pradesh has the highest number of movie screens in India.

<span class="mw-page-title-main">Jwala Gutta</span> Indian badminton player (born 1983)

Jwala Gutta is an Indian badminton player. Beginning in the late 1990s, she represented India at international events in both mixed and women's doubles. She has a total of 316 match wins in both the disciplines—the most by any Indian—and peaked at no. 6 in the world rankings. Gutta has won medals at numerous tournaments on the BWF circuit including a silver at the 2009 Superseries Masters Finals and a bronze at the 2011 World Championships.

<span class="mw-page-title-main">Nimmagadda Prasad</span> Indian businessman

Nimmagadda Prasad is an Indian industrialist from Andhra Pradesh, India. He is known for his ventures in the Pharmaceutical and Television industries, and is involved in philanthropic activities through Nimmagadda Foundation.

<i>Brindavanam</i> (2010 film) 2010 film by Vamsi Paidipally

Brindavanam is a 2010 Indian Telugu-language action comedy drama film written and directed by Vamsi Paidipally. The film stars N. T. Rama Rao Jr., Samantha, and Kajal Aggarwal while Prakash Raj and Srihari play pivotal roles. The film is produced by Dil Raju's Sri Venkateswara Creations. S. Thaman composed the music.

<span class="mw-page-title-main">Rana Daggubati</span> Indian actor (born 1984)

RamanaiduDaggubati, known professionally as Rana Daggubati, is an Indian actor, film producer and a television personality who primarily works in Telugu cinema, in addition to Tamil and Hindi films. He is a recipient of several accolades including a National Film Award, two Nandi Award, six SIIMA Awards and three Filmfare Awards South.

Pullela Gopichand Badminton Academy (PGBA) is a badminton training facility in Hyderabad, Telangana, India. Founded in 2008 by the 2001 All England Open Badminton champion Pullela Gopichand, the facility trains several badminton players such as Saina Nehwal, P. V. Sindhu, Srikanth Kidambi, Parupalli Kashyap, H.S. Prannoy, Sai Praneeth, Sameer Verma.

<i>Rajapattai</i> 2011 film by Suseenthiran

Rajapattai is a 2011 Indian Tamil-language masala film co-written and directed by Suseenthiran based on a story by Seenu Vasan. The film stars Vikram and Deeksha Seth. The music was composed by Yuvan Shankar Raja, the film is produced by Prasad V. Potluri's newly launched PVP Cinema on a budget of ₹390 million (US$4.5 million). The story revolves around the issue of land grabbing and how the protagonist becomes involved in it. The film was also dubbed into Telugu and was released as Veedinthe on 30 December 2011 and into Hindi as Main Hoon Dada No.1 in 2013.

<i>Avunu</i> (film) 2012 film by Ravi Babu

Avunu (transl. Yes) is a 2012 Telugu-language horror thriller film written, produced and directed by Ravi Babu and presented by Suresh Productions. Malayalam actress Poorna plays the lead role and Harshvardhan Rane plays the male lead. The score is by Shekar Chandra and cinematography by N. Sudhakar Reddy. The film was made on a budget of ₹ 45 Lakhs. It is loosely based on the 1982 American supernatural horror film The Entity and was dubbed in Hindi as Aatma Ka Ghar.

<span class="mw-page-title-main">Premier Badminton League</span> Badminton championships

Premier Badminton League, aka PBL, is a team badminton league operating in India. It was launched in 2016 and is one of the top badminton leagues in the world. It features nine state or city-based franchise teams and the top Indian and international badminton talent. The league has reached an audience of more than 100 million through television, on-ground support, and social media. As of 2024, the league has hosted 5 seasons.

<span class="mw-page-title-main">Hyderabad HotShots</span>

Hyderabad Hotshots was a badminton franchise team representing the city of Hyderabad in the Indian Badminton League(IBL). The team was one of the six franchises in the inaugural IBL 2013. The franchise was owned by Andhra Pradesh's multi business group PVP Ventures. The primary home ground of Hyderabad Hotshots was Gachibowli Indoor Stadium in Hyderabad. Hyderabad Hotshots was captained by Indian shuttler Saina Nehwal and coached by Rajendra.

<span class="mw-page-title-main">Nagarjuna filmography</span>

Nagarjuna is an Indian actor and producer who works in the Telugu cinema. He has acted in over 90 films as a lead actor as well as playing supporting and cameo roles, including Hindi and Tamil cinema. He has received nine state Nandi Awards, three Filmfare Awards South, and one Special Mention at the National Film Awards. The 1996 film Ninne Pelladata which he produced, was declared the Best Telugu film of the year at the National Film Awards.

<span class="mw-page-title-main">Indian Aces</span> Tennis team based in New Delhi, India

The Indian Aces were a tennis team based in New Delhi, India that competed in the International Premier Tennis League (IPTL). It is one of the four charter franchises which had participated in the IPTL's inaugural 2014 season and are champions of the first edition.

<i>Vasuvum Saravananum Onna Padichavanga</i> 2015 film by M. Rajesh

Vasuvum Saravananum Onna Padichavanga also known by the initialism VSOP, is a 2015 Indian Tamil-language romantic comedy film written and directed by M. Rajesh. It stars Arya and Tamannaah Bhatia as the lead roles alongside Santhanam and Muktha in supporting roles. Arya produced the film through his studio The Show People, associating with Prasad V Potluri's PVP cinema. The soundtrack was composed by D. Imman. Nirav Shah and Vivek Harshan handled cinematography and editing, respectively. The film began production in November 2014 and was released on 14 August 2015 to mixed reviews. The film revolves around the friendship between Vasu (Arya) and Saravanan (Santhanam) and the comedic situations they find themselves in due to their romantic entanglements.

<i>Size Zero</i> 2015 film by Prakash Kovelamudi

Size Zero is a 2015 Indian romantic comedy film directed by Prakash Kovelamudi and written by Kanika Dhillon. The film was simultaneously shot in Telugu and Tamil language versions, the latter titled Inji Iduppazhagi. Produced by Prasad V. Potluri, the film features Anushka Shetty in the lead role while Arya, Prakash Raj, Urvashi and Sonal Chauhan play supporting roles.

<i>Bangalore Naatkal</i> 2016 film directed by Bhaskar

Bangalore Naatkal is a 2016 Indian Tamil-language comedy drama film directed by Bhaskar, which is a remake of the 2014 Malayalam film Bangalore Days written and directed by Anjali Menon. Featuring an ensemble cast consisting of Arya,Bobby Simha,Sri Divya it tells the story of three cousins who live their childhood dream of living and enjoying in the city of Bangalore. It also stars Rana Daggubati, Parvathy Thiruvothu, Raai Laxmi, Paris Laxmi, Prakash Raj in other pivotal roles. Samantha Ruth Prabhu appears in a cameo. Produced by Prasad V Potluri under his banner PVP cinema, the film released on 5 February 2016. Unlike the original, this movie received mixed reviews and failed at the box office with critics and fans drawing comparisons with the original.

<span class="mw-page-title-main">PVP Cinema</span> Indian film production company

PVP Cinema is an Indian film production company established by Prasad V Potluri.

The SIIMA Award for Best Film – Telugu is presented by Vibri media group as part of its annual South Indian International Movie Awards for Telugu films. The award was first given in 2012 for films released in 2011.

Telugucinema.com is an entertainment website focused on the Telugu film industry. Founded in 1997 by Prasad V. Potluri in Pittsburgh, United States, it is recognised as the first website exclusively dedicated to Telugu cinema. The site is known for its long-form articles on classic films and film personalities, as well as its extensive archive of interviews with industry figures.

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 Ventures enters real estate". The Hindu Business Line. Retrieved 18 July 2013.
  21. ↑ "Business Community". Hyderabad Management Association. Retrieved 18 July 2013.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.