[1] His nephew, T. G. Vishwa Prasad, is a prominent film producer in Telugu cinema and owns the production house, People Media Factory, in Hyderabad, Telangana.
After having successfully started a caustic soda factory called Sree Rayalaseema Alkalies and Allied Chemicals, Venkatesh diversified into manufacturing high-strength calcium hypochlorite, power projects, wind power, manufacturing animal vaccines, large-scale salt producing units, movie theatres and star hotels, spread over Andhra Pradesh, Karnataka and Tamil Nadu.
[2] Venkatesh stood successfully in the Kurnool constituency as a Telugu Desam Party (TDP) candidate in the 1999 state assembly elections, with V. Rambhupal Chowdary of the Indian National Congress being his nearest rival.
[3] Objecting to the bifurcation of Andhra Pradesh, which would create a separate state of Telangana, Venkatesh switched his support back to the TDP in March 2014, following a path recently taken by several other prominent INC politicians.
[6] In 2013, while Minister for Minor Irrigation, Venkatesh promised to support the Arya Vysya community in Andhra Pradesh, suggesting that they had lost their way politically and that they needed to develop their trading capability.