Man Behind Pawan Kalyan Potluri Prasad Originally A Mestri In Usa..

[KadapaKingg]

Background: 
I hail from Vijayawada. After completing my bachelor’s education, I wanted to pursue graduate program in the US, but my visa application got rejected thrice. I went to Australia to do my masters in 1994 February. I tried going to the US from Australia. On my 7th attempt, I finally got a single entry visa (90 days) to USA. I landed in the USA on 1st August 1995 with 160 USD in my pocket. I bought into the American dream and in June ’96, I started my first company called Procon Inc. In 27 months, Procon Inc had 250 employees. The company was acquired for 32 million dollars in November 1998. I was 27 years old then. We were fortunate to be one of the first movers that were able to unlock the value of a services business and was quite a sensation!.

 

After which I was introduced to an investment opportunity and saw an exciting platform in Karvy Group (Hyderabad) and bought a large stake in 1999. It was my best investment decision till date which also supported my growth plans in India. I began my second endeavour in the US, wherein I started to build a e-business solutions firm inorganically and acquired 2 firms in the US and formed Albion Orion LLC. I was one of the first Indians in the US that pursued M&A in North America and successfully sold that company for 63.65 million dollars in September 2000 to SSI Ltd. This was the largest cross border transaction in India at that time !

 

Then I moved to London, UK and started a new company called Irevna that pioneered and spawned the KPO space. We have coined the word “KPO” which stands for Knowledge Process Outsourcing. Irevna provided high end analytics and research services for global investment banks. I began the company in August 2001 and withered the 9/11 crisis and successfully grew to a team of 500 MBA’s serving the needs of fortune 1000 corporations.

 

In 2005, I sold Irevna to Crisil India, which during the course of the acquisition became Standard & Poor India. During that time I had the opportunity to witness the growth potential and the India story exploding into the global arena. I saw tremendous opportunities and started investing in real estate and Infrastructure. In my 10 years of organisational development in North America and Europe, I had never gone to any US government office for any major business need. It was quite a complicated environment to navigate in India and it took me few months and may be years to unlearn and learn.

I have invested 886 Crores in India so far. All this money is from my earnings abroad and my co investors. I haven’t borrowed a single penny from any bank in India and haven’t received any concession from any government. I feel proud that I have contributed 886 Crores to the Indian economy. In our realty group, we have acquired the famed Binny Mills property in Chennai which has become one of the largest realty projects in South India at the moment.

 

Media plan: 
I see a long and progressive phase for the Indian media space and do have ambitious growth plans. We are focussing on three verticals in media segment - print, content and broadcasting. We have chosen Sakshi as our point of entry into print media and invested 147 Crores. We have already entered into content development by producing films. We plan to enter broadcasting vertical soon.

 

Film Financing: 
You might have heard about people financing films. But, here is one strange case financing the release of a film. It was PVP Ventures that played a key role in release of Pawan Kalyan’s ‘Komaram Puli’ by paying dues of producer a day before release. We have financed around 25 films so far. The entire capital for NTR’s last movie Oosaravelli was also provided by us.

[maverick23]

Good...manchi hardwork tho pyke vachaadu  unlike jaggu

[seelavathiaunty]

Teliyani news veyi man

[ReddySaab]

Good...manchi hardwork tho pyke vachaadu  unlike jaggu

Like CBN hardwork chesi ochadu antav anthega 

[timmy]

Good...manchi hardwork tho pyke vachaadu  unlike jaggu

http://www.youtube.com/watch?v=Eq5XARKUxyg

[paampachak]

Oh he is the same guy ithani interview eppudo 3 yrs back chadivanu idlebrain lo ... Tamil cinemas produce chesaru

[Nellore Pedda reddy]

anni hundreds of crores lo ne unnay ga :)

[timmy]

Potluri Vara Prasad grilled on Coalgate DC | 08th Jul 2013

Hyderabad: Investors of Navabharat Power Private Limited and Malaxmi Energy Ventures are under the scanner of the Enforcement Directorate in the Coalgate scam.

 

The ED recently questioned industrialist and film producer Potluri Vara Prasad whose PVP Ventures invested Rs 12 crore in Malaxmi, which in turn invested in Navabharat Power, which is facing charges in the Coalgate scam.

 

City-based top industrialists P. Trivikrama Prasad, chairman of NPCL, and its MD, Y. Harischandra Prasad, were also questioned by the ED.

 

It’s finger-pointing time

 

In September 2012, the CBI issued a FIR against Navabharat Power and its promoters, alleging that Navbharat Power had made false claims and misrepresented facts to get coal blocks in Rampia blocks in Odisha. The directors had connived with public servants, it alleged.

 

The promoters allegedly sold their stakes to Essar in an irregular manner after the allocation of coal blocks, it said. Denying the allegations, Trivikrama Prasad said.

 

“I explained (to the ED) what happened. Without my knowledge, Harischandra Prasad sold the shares of Malaxmi in NPCL to Essar Power Ltd. I took up the case with the Company Law Board. I am a non-executive chairman of NPCL and not involved in its affairs. As the case is with the CLB, we decided to sell 50 per cent of our share to Essar. It would be around Rs 170 crore.”

 

He said, “There is no violation regarding showing bank loans as net worth. The promoters had entered into a definitive sale agreement with Essar in 2009-10 to sell their entire stake in due course of time. In the annual return filed with the Registrar of Companies in 2010, Navabharat Power and Essar entered into agreements with the promoters for acquisition of their total equity, making Navabharat a wholly-owned subsidiary of Essar,” he said,

 

But Harishchandra Prasad had a different story. Speaking from Uganda, he said, “I followed the board resolutions. Trivikrama Prasad was the chairman and my role was limited. There is no FEMA violation. The ED said they were conducting an inquiry about the transactions with Essar under PMLA. I answered their questions.”

 

Vara Prasad said he was called in as he had invested in Malaxmi and had nothing to do with NPCL and denied any violations. He said he had appeared before the ED on May 28.

 

“ED has asked me questions pertaining to PVP Venture's investments in Malaxmi. We invested Rs 12 crore in Malaxmi from April 2008 to November 2009. This is one-and-a-half years after the coal block allocation. We are no way linked to Navabharat Power or the ED case. Malaxmi returned our money later. We paid in Indian currency and we got the money back in Indian currenc

 

[KadapaKingg]

Good...manchi hardwork tho pyke vachaadu  unlike jaggu

Nee bonda.. Sakshi lo first investor veede.. YSR sanka full naakadu appatlo.. Article lo ee kind line choodaleda.. Jaggu to monnati daaka dosti chesaadu.. jaggu seat ivvanu po ante Pavan ni duvvadu poyi..

 

"We have chosen Sakshi as our point of entry into print media and invested 147 Crores"

[agora]

k

[maverick23]

Like CBN hardwork chesi ochadu antav anthega 

CBN is prophet send by god to save human race man......dont comapre anyone with CBN.....

[Kottukusaavandi03]

Nee bonda.. Sakshi lo first investor veede.. YSR sanka full naakadu appatlo.. Article lo ee kind line choodaleda.. Jaggu to monnati daaka dosti chesaadu.. jaggu seat ivvanu po ante Pavan ni duvvadu poyi..

 

"We have chosen Sakshi as our point of entry into print media and invested 147 Crores"

 

But 2004 key already vaadu multi millionaire. Dabbula kosam jaggu ney veedi sanka... nimmagadda prasad sanka naakuntaadu... Appudu begging stage lo vundey kada... 

[KadapaKingg]

But 2004 key already vaadu multi millionaire. Dabbula kosam jaggu ney veedi sanka... nimmagadda prasad sanka naakuntaadu... Appudu begging stage lo vundey kada... 

Nee edupu neede.. Vaadu 100s of crores nunchi 1000s of crores ki poyindi last 5 to 10 years lo..

[ReddySaab]

Nee bonda.. Sakshi lo first investor veede.. YSR sanka full naakadu appatlo.. Article lo ee kind line choodaleda.. Jaggu to monnati daaka dosti chesaadu.. jaggu seat ivvanu po ante Pavan ni duvvadu poyi..

 

"We have chosen Sakshi as our point of entry into print media and invested 147 Crores"

jsp with tdp antunar kadha so maverick mayya ki pvp is god now 

[maverick23]

Nee bonda.. Sakshi lo first investor veede.. YSR sanka full naakadu appatlo.. Article lo ee kind line choodaleda.. Jaggu to monnati daaka dosti chesaadu.. jaggu seat ivvanu po ante Pavan ni duvvadu poyi..

 

"We have chosen Sakshi as our point of entry into print media and invested 147 Crores"

PVP character gold annaa........kastapadi pyke vachaadu anna......yesupadam family ela start chesindi life ne,quarry owner ne lepesi........vallath compare chesthe veedu better antunna......