Prasad V. Potluri
 | This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)
|
Potluri Vara Prasad | |
|---|---|
 | |
| Born | Potluri Vara Prasad 8 September 1970 |
| Nationality | Indian |
| Alma mater | NSM Public School Andhra Loyola College KL University |
| Occupation(s) | Serial entrepreneur Ex Co-owner of Kerala Blasters F.C. Owner of Hyderabad HotShots CMD – PVP Ventures[1] |
| Spouse | Jhansi Sureddy[2] |
| Children | Pearl V. Potluri (Daughter) Param V. Potluri (Son) |
| Website | https://www.pvpglobal.com |
Potluri Vara Prasad (born 8 September 1970), is a serial entrepreneur and Philanthropist. He is Executive Chairman & Managing Director at PVP Ventures Ltd. an active educationist.
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, followed by Mechanical Engineering from Nagarjuna University.[3] In 1994, he completed a Master’s degree at a university in Australia, and in 1995 arrived in the United States.[4]
Career
In 1996, he founded Procon, an IT services company, later acquired by RCM Technologies in 1998.[5] In 2000, he started Albion Orion Company, which merged with SSI.[6] in a significant cross-border transaction valued at $63.65 million.[7]
In 2001, Prasad co-founded Irevna, a company in knowledge process outsourcing services, acquired by CRISIL in 2005.[8][9] In 2006, he established PVP Ventures a publicly traded corporation involved in media and entertainment financing.[10] Under Prasad's leadership, PVP Ventures entered film production with PVP Cinema and also secured the Hyderabad Hotshots[11] franchise in the Indian Badminton League,[12][13][14] participating in the inaugural season in 2013.[15]
Prasad is also engaged in philanthropy, serving as the chief patron of the Prasad V. Potluri Siddhartha Institute of Technology[16][17][18] and a patron at the L. V. Prasad Eye Institute.[19] Presently, he maintains strategic investments in Maven Corp,[20][21] Karvy Consultants,[22] and is a founding investor of CBay Systems.[23][24]
References
- ^ "Management Info – PVP Ventures Ltd". Ndtv Profit.
- ^ "Jhansi Sureddy, wife of Mr. Prasad V. Potluri". The Economic Times. 21 November 2011.
- ^ "Prasad V. Potluri". veethi.com. Retrieved 20 July 2023.
- ^ "Prasad V Potluri interview - Telugu film producer and financier". www.idlebrain.com. Retrieved 3 August 2023.
- ^ "RCM Technologies, Inc. History | Michigan, accounted for 12.9 percent of RCM revenues in 1985". fundinguniverse.com.
- ^ "SSI Ltd has acquired the US-based Albion Orion Company in a cash-and-stock deal worth .65 million, the largest cross-border acquisition by an Indian IT company". moneycontrol.com.
- ^ "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.
- ^ "Crisil buys Irevna for Rs 43 cr". thehindubusinessline.in. Retrieved 19 October 2004.
- ^ "Crisil Capital Markets". indiainfoline.com. Archived from the original on 1 November 2013. Retrieved 22 July 2013.
- ^ "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. Archived from the original on 15 October 2013. "PVP Cinema announces 5 biggies". Telugucinema.com. 26 November 2011. Archived from the original on 26 February 2012. Retrieved 2 March 2013. "Prasad V. Potluri BME, MES – Chairman and Managing Director, PVP Ventures Ltd". Bloomberg Businessweek. April 2023.
- ^ "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 buys first IBL franchise". deccanherald.com. 19 June 2013.
- ^ "Hyderabad group to own Hotshots in IBL". Retrieved 20 June 2013.
- ^ "PVP Group buys IBL's Hyderabad franchise". ibnlive.in.com. Archived from the original on 9 July 2013. Retrieved 19 June 2013.
- ^ "PVP Group owns Hyderabad Hotshots in Indian Badminton League". sports.ndtv.com. Archived from the original on 27 June 2013. Retrieved 19 June 2013.
- ^ "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. "Pawan Kalyan To Do a Film For PVP Cinema". indiaglitz.com. Archived from the original on 21 July 2013. Retrieved 18 July 2013. "Indian Badminton League 2013: Hyderabad Hotshots win IBL title". ibnlive.in.com. Archived from the original on 2 September 2013. "Hyderabad are the Hotshots of the IBL". thehindu.com. 1 September 2013.
- ^ "Prasad V Potluri Siddhartha Institute of Technology – Courses & Details". hyderabadspider.com. Archived from the original on 11 September 2016. Retrieved 29 October 2013.
- ^ "P.V.P. Siddhartha Institute of Technology (PVPSIT), Vijaywada is approved by AICTE and affiliated to Jawaharlal Nehru Technological University". htcampus.com.
- ^ "Prasad V. Potluri Siddhartha Institute of Technology, established in 1998 at Vijayawada". jagranjosh.com. Archived from the original on 17 February 2018. Retrieved 29 October 2013.
- ^ "Our Chairman, is a Patron of L V Prasad Eye Institute. A comprehensive eye health facility headquartered at Hyderabad". www.pvpglobal.com.
- ^ "Prasad V. Potluri is the Chairman & Co-founder of Irevna Ltd., a leading business information research services organization". Maven Corp.com. Archived from the original on 28 October 2013.
- ^ "Maven Corp.com – About Us – Team Maven – Prasad V. Potluri". Maven Corp.com.
- ^ "Karvy to sell 21.82 pc to NRI". The Hindu Business Line. 10 October 2001.
- ^ Mukherjee, Ambarish (10 October 2001). "ONE of the largest capital market intermediaries in the country, Hyderabad-based Karvy Consultants Ltd, plans to sell 21.82 per cent of the company's stake to US-based NRI investor and promoter of Procon Inc., Mr. Prasad V Potluri, for a consideration of Rs 1,84,61,560". The Hindu Business Line. Archived from the original on 28 October 2013.
- ^ "Sebi vs Karvy Stock Broking Ltd". Indiankanoon.org. Archived from the original on 28 October 2013. Retrieved 27 June 2007.