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K Prakash Shetty

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K Prakash Shetty
Born
Korangrapady, Udupi, Karnataka
CitizenshipIndian
EducationBachelor of Arts
Occupation(s)Entrepreneur and social worker
OrganizationMRG Group
TitleFounder chairman

Korangrapady Prakash Shetty is an Indian entrepreneur and social worker who founded and chairs MRG Group, a hospitality and real estate company based in Bangalore, Karnataka. In 2019, he was awarded the Rajyotsava Award, the second-highest civilian honor by the Government of Karnataka.[1]

Early life and education

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Prakash Shetty was born into the Korangrapady clan of Udupi district, Karnataka, to K. Madhava Shetty and Rathna M. Shetty.[1]

Career

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His entrepreneurial journey began with a restaurant called Banjara in Bangalore in 1993.[2] Later, he founded MRG Group, which operates in the hospitality and real estate sectors. The group operates the Goldfinch Boutique Hotels chain across India.[3] His son, Gaurav P. Shetty, serves as the managing director of MRG Group.[4]

Prakash Shetty is the president of Bengaluru Kambala Committee.[5][6]

Humanitarian and social causes

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He contributed to various social causes,[7][8] including the Karnataka Chief Minister's Relief Fund, which was set up to assist those affected by severe flooding in the southern Indian state of Karnataka due to heavy monsoon rains. The floods resulted in 61 fatalities and displaced 7 lakh people. Chief Minister BS Yediyurappa announced compensation of ₹5 lakh for the families of the flood victims.[9][10]

In 2022, he pledged to donate ₹2.50 crore as part of the Prakash Shetty Sahaya Hasta Yojane to 1400 underprivileged families.[11][12][13]

Awards and achievements

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References

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  1. ^ a b c d "Mumbai: MRG group's K Prakash Shetty presented Times Business Award". Daijiworld Media. April 3, 2021.
  2. ^ "Journalists' contribution for social development has been immense, says Prakash Shetty at annual convention of DK Working Journalists Association". The Hindu. 2023-01-03. ISSN 0971-751X.
  3. ^ ಡಿ. ಆರ್, ದಿಲೀಪ್. "ಮಂಗಳೂರಿನ ಗೋಲ್ಡ್‌ ಪಿಂಚ್‌ ಸಿಟಿಯಲ್ಲಿ 40 ಸಾವಿರ ಉದ್ಯೋಗಾವಕಾಶ: ಡಾ. ಕೆ. ಪ್ರಕಾಶ್‌ ಶೆಟ್ಟಿ". Vijay Karnataka (in Kannada). Retrieved 2024-11-16.
  4. ^ Iyengar, Vidya; June 30, 2016. "Be quick, be good". Bangalore Mirror.{{cite web}}: CS1 maint: numeric names: authors list (link)
  5. ^ "Bengaluru's First Kambala To Be Star-Studded; Aishwarya Rai, Anushka Shetty Likely to Attend". Times Now. 2023-11-06.
  6. ^ "Bengaluru Kambala to attract stars including Aishwarya Rai and Anushka Shetty". The Hindu. 2023-11-05. ISSN 0971-751X.
  7. ^ "MRG Group Founder K Prakash Shetty extends over Rs 1 cr aid to needy people". Mangalore Today. December 29, 2020.
  8. ^ "Mangaluru: MRG Group founder Prakash Shetty extends financial aid to destitute people". Daijiworld Media. December 28, 2020.
  9. ^ Mendonsa, Kevin (2019-08-22). "MRG chairman donates Rs 1 crore to Karnataka CM's relief fund". The Times of India. ISSN 0971-8257.
  10. ^ "Journalists' Dakshina Kannada conference in Mangaluru on January 3". The Hindu. 31 December 2022.
  11. ^ "MRG Group to distribute Rs 2.5 crore financial aid". The Times of India. 2022-12-23. ISSN 0971-8257. Retrieved 2024-07-01.
  12. ^ "Mumbai: IDE Global Award presented to Prakash Shetty". Daijiworld Media.
  13. ^ "Mangaluru: Entrepreneur Prakash Shetty conferred 'Indian Affairs Visionary Leader' award". Daijiworld Media. January 30, 2021.
  14. ^ "Rajyotsava Awards - Government of Karnataka". Karnataka.gov.in.
  15. ^ "Mangalore Varsity to confer Honorary Doctorates at 42nd Annual Convocation | Udayavani – ಉದಯವಾಣಿ". Udayavani. June 15, 2024.
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