K.V. Reddy obtained an MSc in Chemistry in 1972 from the Indian Institute of Technology – Madras and a PhD in Physical Chemistry in 1977 from the University of Wisconsin, Madison, USA. He worked at three different corporate research labs in the United States prior to founding PriTel, Inc. in 1994. PriTel manufactures state-of-the-art test and measurement equipment for the fiber-optics telecommunications industry. PriTel made equipment can be found in every pre-eminent telecom research laboratory across the globe.

He is the President of PriTel, Inc. and he is also the current President of IITMAANA (Indian Institute of Technology – Madras Alumni Association of North America). He is also a major benefactor of IIT Madras, having funded a Chair in Photonics in the EE Department.