Ronnie Screwvala

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Ronnie Screwvala is an Indian businessman and TV & film producer. He is known for being the founder of the film production and distribution company UTV.After completing his graduation, he started a theatre company and performed in a few theatre plays.He then started a toothbrush manufacturing company Laser which gained immense popularity among the consumers. As of 2022, the company is selling around 6 million toothbrushes per month.In 1981, he pioneered home shopping in India with Tele-Shopping Network (TSN). He is also one of the key persons to start cable television in India. [9]Business Today.He is the founder of United Studios, a premier studio and animation complex in South Asia.In 1990, Ronnie started the film production company UTV group and expanded it into a movie studio, game studio, and creative company. In 2005, it was listed on the National Stock Exchange of India.In 2008, The Walt Disney Company bought 15% shares in UTV Global Broadcasting for Rs 118.98 crores which is considered one of the largest foreign investments in India. Later, Walt Disney acquired 32.1 per cent in the parent UTV Software Communications Ltd for Rs 805.05 crore. In 2012, UTV Global Broadcasting was divested by Walt Disney.Screwvala then started a private equity company Unilazer Ventures and has invested in various industries like e-commerce, Lenskart, and micro-housing finance.Ronnie is also involved in various social services. In 2013, he started an NGO Swades Foundation along with his wife Zarina. The main aim of setting up the NGO was to provide various livelihood opportunities in India. Ronnie Screwvala during an event of Swades Foundation.In 2014, Ronnie started the Indian film production company RSVP Movies.