Parag Sanghvi

Some Lesser Known Facts About Parag Sanghvi

• Parag Sanghvi is an Indian businessman and film producer.

• Post his graduation, he started working as a business management professional.

• In 1990, he started investing his funds in producing films. Later, he started working as a financer and distributor in Hindi films.

• Parag has worked as a producer in the Hindi films ‘Darna Mana Hai’ (2003), ‘Ab Tak Chhappan’ 1 & 2 (2004 & 2015), ‘Vaastu Shastra’ (2004), and ‘Golmaal-Fun Unlimited’ (2006).

• He started his own film production house in 2011 with the name Alumbra Entertainment & Lotus Film Pvt. Ltd. He produced Hindi films like ‘Sarkar’ (2005), ‘The Attacks of 26/11’ (2013), ‘Sarkar 3’ (2017), and ‘Chef’ (2017) under his banner.

  

• Parag and his wife were duped by a former banker Parmeet Arora in 2010 of around Rs. 60 lakh. Arora used to befriend celebrities during various parties and events. At one such party, she met Parag and his wife, and by the passage of time, she earned their trust. ^[6]The Indian Express According to the local police,
  

  During her (Parmeet) interrogation, we secured the details of her two bank accounts. One of her bank accounts has just Rs 52 while the other has a sum of Rs 1,500. Arora claimed she had given the money to her former husband Vikarm Singh to win back his affection. Singh and Arora got divorced in 2009 and Singh now stays with his family in Aurangabad. Arora claims she had given the money to Singh as she wanted him back in her life. We have contacted Singh’s family in Aurangabad, but they refuted her claims.”

  The local police added,

  Nevertheless, we have contacted Vikram Singh and have told him to come to Mumbai to help us with the probe. He would reach Mumbai by tomorrow and we will record his statement too. The Amboli police arrested Parmeet Arora alias Sonia, on last Thursday. The alleged con was unearthed when the chartered accountant of the Sanghvi family stumbled upon discrepancies in their ledger. Arora has been remanded in police custody till October 27.”

• He started the franchise of the nightclub ‘Playboy Club’ in India in 2016, but later, in 2017, the franchise was taken over by his business partner Sachiin Joshi.

• He launched ‘B,’ a luxurious lounge in Mumbai, on 26 August 2019.