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.

Early life

Potluri Prasad was born in

Vijayawada Vijayawada ( ), formerly known by its colonial name Bezawada, is the second largest city and a major commercial hub in the Andhra Pradesh state of India. The city forms an integral part of the Andhra Pradesh Capital Region and is situated on th ...

, Andhra Pradesh, India. He attended NSM Public School in Vijayawada and pursued a degree in

Mechanical Engineering Mechanical engineering is the study of physical machines and mechanism (engineering), mechanisms that may involve force and movement. It is an engineering branch that combines engineering physics and engineering mathematics, mathematics principl ...

Nagarjuna University Acharya Nagarjuna University (IAST: ''Ācārya Nāgārjuna Vișvavidyālaya'') is a state university in Namburu, Guntur district, Andhra Pradesh, India. History The university was established as Nagarjuna University by Act 43 of 1976 of A. P ...

. In 1994, he completed a

Master’s degree A master's degree (from Latin ) is a postgraduate academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practi ...

at a university in

Australia Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller isl ...

Career

In 1996, Prasad founded Procon, an IT services company, which was acquired by RCM Technologies in 1998. In 2000, he launched Albion Orion Company, which later merged with SSI in a transaction valued at $63.65 million. In 2001, Prasad co-founded Irevna, a company specializing in knowledge process outsourcing services, which was acquired by

CRISIL CRISIL Limited, formerly Credit Rating Information Services of India Limited, is an Indian analytical company providing ratings, research, and risk and policy advisory services and is a subsidiary of American company S&P Global S&P Global ...

in 2005. In the following year, 2006, he founded PVP Ventures, a publicly traded corporation focused on media and entertainment financing. Under Prasad's leadership, PVP Ventures ventured into film production with PVP Cinema and acquired the Hyderabad Hotshots franchise in the

Indian Badminton League 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 interna ...

, participating in the inaugural season in 2013. In 2008, PVP Ventures launched real estate development projects, including PVP Square in

Hyderabad Hyderabad is the capital and largest city of the Indian state of Telangana. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part of Southern India. With an average altitude of , much ...

. Prasad has also been listed as a member of the Indo-American

Chamber of Commerce A chamber of commerce, or board of trade, is a form of business network. For example, a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to a ...

and the Hyderabad Management Association, according to available business association records.

References

{{DEFAULTSORT:Potluri, Prasad V Telugu film producers Indian film distributors Businesspeople from Vijayawada Living people Kerala Blasters FC owners Film producers from Andhra Pradesh 1970 births