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Shetty founded his first company Adlabs Films Ltd. Soon, the firm ventured into feature film processing by setting up a laboratory in Film City, Mumbai. In the meantime Adlabs Films Ltd. It initially started with films for advertising, The first feature film the company processed was Masoom , a Shekhar Kapoor film.

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It specialized in enhancing 16mm films to 35 mm format. It won several national awards as best film processing laboratory. The company went public in and expanded into the film exhibition business. The company has been renamed to Reliance Mediaworks Limited in Shetty established Walkwater Media Ltd in It is an integrated business encompassing production across films, television, animation, other media as well as intellectual property exploitation.

Pooja is the joint managing director; Aarti is the creative head of its Film Production Division. Both of them produced the film Tere Bin Laden.