Dil Raju is all set to produce a multi-starrer with Venkatesh and Varun Tej in the lead.  Anil Ravipudi will wield the megaphone.

"We are happy to produce this venture under our Sri Venkateswara Creations with the versatile Venkatesh garu and Varun Tej.  Anil has delivered three hits in a row - 'Pataas', 'Supreme', and 'Raja The Great'.  We have zeroed in on 'F2' as the title.  'Fun And Frustration' is the caption," a statement from the makers says.

The film is touted to be an out-and-out commercial entertainer.  There is a message, too, in the movie.  At the same time, it's a family entertainer.  

The project will go on the floors in July.  The details of the rest of the cast and crew will be announced shortly.