Pegasus was established in the year 2000 as a proprietary firm. Initially, the firm was into the event management business. In the year 2001, the firm entered into the production of serials and programs in television media, and hence a separate division of advertisement and marketing was formed. The idea of conducting beauty pageants under the title ‘Miss South India’ was conceived in the year 2002, and the title was crowned for the very first time in the same year. In 2003, a musical band was formed to promote the new talents in Kerala under the banner ‘Minnalai’, which gave more than 10 play back singers to the industry. The organisation also started a division called Pegasus Records in the year 2005 to release the albums sung by our band members.

The company was very keen to develop a philanthropic culture. In 2004, the company introduced the idea of live musical performance in decorated vehicles to help poor girls for the heart operation. In 2006, we announced the first television award in an effort to encourage the eminent personalities of media and television industry.

In the year 2010, Pegasus introduced ‘MBA award’ and awarded the award in the same year itself with the concept of launching the richest business forum of Malayalees. In 2011, a national pageant was announced under the title ‘Miss Queen of India’ and the same was crowned in that year itself. Also, a monthly English magazine, named ‘Unique Times’, was launched in the same year.

In the year 2012 the company was into the production of films and in the year 2013, a Malayalam magazine under the same title and a new event International Fashion Fest (IFF) was also launched. In the same year, we launched our dream project: the ‘Miss Asia’.

Until today, the company has done over 2280 events. Notably, we succeeded in all the areas, which we were into.

In 2014, the organisation had been completely transformed from an event management company into an event production company owning a dozen of amazing event brands. In 2015, the television award was combined with business excellence award under the name FMB (Film, Media & business) Award. Also IFF was clubbed with International Business Excellence Award under the banner VPN IBE Award in the same year.

In 2016, the richest business forum of Malayalees was registered under the title ‘Federal International Chamber Forum’.

Now, the Pegasus Company is the market leader in the event production sector. It also runs some major news portals.