- March 6, 2018 / 4 min readThe former venture capital investor at Ojas Ventures, Balijepalli has invested in a number of companies and helped them scale through active board-level involvement.
Online food delivery marketplace Foodpanda has appointed Gautam Balijepalli as its head of strategy during a reshuffle in management. In his new role, Balijepalli will directly work with the CEO and leadership team to lay out a strategic direction in sync with the organisation’s business objectives.
This newly created role at Foodpanda is envisioned to synergise with the food tech ecosystem for a unified approach towards creating the best offerings for partner restaurants and consumers, the company said in a statement today.
The former venture capital investor at Ojas Ventures, Balijepalli has invested in a number of companies and helped them scale through active board-level involvement. An alumnus of IIT Chennai and London Business School, Balijepalli joins the team with a strong entrepreneurial background having co-founded CartPerk Technologies. He has also been an investor and mentor to businesses, such as WarmOven, in the food space.
Pranay Jivrajka, CEO, Foodpanda India said, “With Gautam coming on board, we intend to bring pertinent changes in our strategic direction and create the right intervention points for the industry to innovate and grow. His professional experience and industry knowledge will be great sources of insights for the goals we have set out to achieve for restaurant partners, delivery riders and consumers. His addition to the team is a step towards building a strong food tech ecosystem in the country.”
Balijepalli said, “The food tech industry is rapidly changing globally. With 1.3 Billion people and only 2% of total food orders placed online, India is a market with massive potential. With that context, leveraging best practices will be our top priority to create value for all stakeholders, including consumers and restaurant partners. It is an exciting time for Foodpanda India and I look forward to working with Pranay and the team to drive significant value in this growing industry.”
The company further aims to grab investment opportunities through deep partnerships with key restaurants, cloud kitchens and expansion of its delivery network.
With recent fund allocation, Foodpanda said it is working on building a seamless experience for all its stakeholders partner restaurants, riders, and end consumers and creating a long-term business value.
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