Other day, Hyderabad based CallHealth Services, has raised 40 crores in a funding that saw cricket legend Sachin Tendulkar and Telugu badminton sensation PV Sindhu investing 12 crores and 4 crores respectively. This same company raised 57 crores through funding last year with the likes of Chiranjeevi, Nagarjuna and Allu Arjun making a huge investment. Interesting thing is that all these celebs are turning investor with advice from one-man.
From a time, the likes of Chiranjeevi, Nagarjuna and Allu Arvind are investing together in various projects like TV channels, entertainment companies and also sports clubs. The man who made them invest in all these ventures is none other than Nimmagadda Prasad.
And later, another key role is played by Chamundeswarinath who is a well-known person in Hyderabad elite circles for his association with Hyderabad cricket. He introduced sports people like Sachin to Nimmagadda, and they are in turn now investing in many ventures along with this businessman.
Few examples are, Kerala Blasters FC, a football team owned by Sachin along with Chiranjeevi, Nagarjuna, Allu Arvind and Nimmagadda Prasad. At the same time, recently Sachin, Allu Arjun, and Ram Charan bought stakes in Tamil Thalaivas team in the Pro Kabaddi League (PKL). Also, Nimmagadda how funded Pullela Gopichand to setup world-class badminton academy in Hyderabad is making the popular badminton coach another investor as well.
Investing oneself and making oneself rich is a trait that could be noticed in many businessmen, but Nimmagadda Prasad is one person who takes care of even his friends’ wealth as well.