Purple Group of Companies Founder passes away
Keshav Waman Patwardhan, founder of Prasanna Group of Companies passed away at the age of 91. Fondly remembered as Rayakaka Patwardhan, he is known to have founded Prasanna Travels in 1964 besides other group companies into diverse businesses. An industry veteran, he saw many ups and downs like in 1985 when the contract with the Pune University being scaled down. Then came the turning point in 2009, when the Group entered PublicPrivate Partnerships (PPP) with civic authorities in Jalgaon (Maharashtra) and Indore (Madhya Pradesh), to run intercity bus services. Prasanna Travels, headed by son Prasanna Patwardhan since 1986, continues to reach new heights furthering his vision.