Moola Narayana Swamy

Moola Narayana Swamy (c. 1912 – 20 August 1950) was an Indian businessman and film producer known for his works in Telugu cinema.

He owned several businesses such as Rayalaseema Bank, Rayalaseema Textiles, Cuddapah Ceramics, Cuddapah Electric Company, oil mills, milk co-operative societies, arrack contracting, market yards.

[2][3][4] Moola Narayana Swamy's native place was Tadipatri in Anantapur district of present-day Andhra Pradesh.

He expanded the existing business into several businesses such as Rayalaseema Bank, Rayalaseema Textiles, Cuddapah Ceramics, Cuddapah Electric Company, oil mills, milk co-operative societies, arrack contracting, market yards.

In 1948, Narayana Swamy's properties and businesses were seized due to income tax problems.

Vauhini studio was hence leased, to Vijaya Productions, to save it from income tax dept.

His eldest son with the help of Damodaram Sanjivayya (whom Narayana Swamy helped for his education) sold the studio to B. Nagi Reddy as part of an agreement that they'll clear all the income tax dues that need to be paid by Narayana Swamy family.

His eldest son Moola Venkata Rangaiah was also Municipal Chairman for Tadipatri for one term.

[2] Narayana Swamy got his childhood friend, Kadiri Venakata Reddy, a cashier job in Vahuini Pictures and later made him direct the film Bhakta Potana (1943).

Moola Narayana Swamy at his Oil Mill
Sale of Vauhini studios by Moola V. Rangaiah to Nagi Reddy