Potluri Vara Prasad (born 8 September 1970), is an Indian Serial Entrepreneur. He holds the position of Executive Chairman & Managing Director at PVP Ventures Ltd. and Managing Director & Executive Director at Picturehouse Media Ltd.[3][4][5]
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Potluri Vara Prasad | |
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| Born | Potluri Vara Prasad 8 September 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] |
| Spouse | Jhansi Sureddy[2] |
| Children | Pearl V. Potluri (Daughter) Param V. Potluri (Son) |
| Website | https://www.pvpglobal.com |
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.[6] In 1994, he completed a Master’s degree at a university in Australia, and in 1995 arrived in the United States.[7]
Career
In 1996, Prasad founded Procon, an IT services company that 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 2006, he founded PVP Ventures, a publicly traded corporation involved in media and entertainment financing.[13]
Under Prasad's leadership, PVP Ventures entered 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, he expanded into the real estate sector with PVP Ventures and its real estate 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
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