Tesseract scam: KTR accuses Revanth Reddy of running 'Anumula Hubs' for family gain
Synopsis
Key Takeaways
BRS Working President K.T. Rama Rao on Wednesday escalated his attack on Telangana Chief Minister Anumula Revanth Reddy, alleging that the CM was engineering what he called 'Anumula Hubs' — a pointed jab at an alleged ₹200 crore land allotment to Tesseract Advanced Systems Pvt Limited, a company reportedly linked to the CM's brother, Anumula Kondal Reddy. Rama Rao made the remarks in a post on X, demanding a full government probe into the deal.
The 'Anumula Hubs' Allegation
Contrasting the BRS government's establishment of T-Hub — Hyderabad's flagship startup incubator — with the current administration, Rama Rao alleged that Revanth Reddy had replaced genuine innovation with family patronage. 'While we built T-Hub to ensure that real startups thrive, Revanth Reddy is busy devising 'Anumula Hubs' - family-run, family-driven, zero-innovation, zero-employee scam…err scheme.!,' Rama Rao wrote in his post.
The BRS leader further alleged: 'If you are one of the Anumula brothers, you get land allotted for dirt cheap. No questions asked I propose 'Anumula Kondal Reddy' as the innovator of the century for building a zero investment defence company - 'Tesseract Advanced Systems Pvt Limited' and making at least 200 crore profit overnight.'
Key Details of the Alleged Land Deal
At the centre of the controversy is the alleged allotment of nearly five acres of government land in Hyderabad, valued at approximately ₹200 crore, to Tesseract Advanced Systems. According to Rama Rao, the land was allotted at roughly ₹3,700 per square yard — totalling around ₹7 crore — a fraction of its stated market value.
Rama Rao alleged that as of 31 March 2025, Tesseract had zero employees and a paid-up capital of just ₹1 lakh. He questioned how a company with such a minimal financial footprint could qualify for a government land grant of this scale, calling the allotment process opaque and demanding that all related documents be made public.
Kondal Reddy Connection: BRS Cites LinkedIn, US Forum
The Telangana government's Minister D. Sridhar Babu had earlier claimed that Kondal Reddy had no connection with Tesseract Advanced Systems. Rama Rao directly challenged that assertion, citing Kondal Reddy's LinkedIn profile and pointing to the US-India Strategic Partnership Forum, which, he alleged, had identified Kondal Reddy as Chairman of Tesseract Advanced Systems.
'Sridhar Babu garu and Revanth Reddy garu should educate millions of youth of Telangana how to get hundreds of crores worth government land. Why restrict this magic trick only to the Anumula family?,' Rama Rao added in his post.
BRS Demands Probe, Threatens Legal Action
Rama Rao demanded that the Telangana government release all documents related to the allotment, including the Government Order, land valuation report, eligibility criteria applied, investment proposal submitted, employment commitments made, and the identities of officials involved in the decision.
He announced that the BRS would formally approach the Telangana Governor with a complaint and, if warranted, move the Lokayukta and courts. This comes amid a broader pattern of BRS escalating pressure on the Congress-led state government over governance and alleged irregularities since losing power in the 2023 Telangana Assembly elections. The Telangana government had not issued a formal response to Wednesday's specific allegations at the time of reporting.