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.
Police seized vehicles of Zomato, Uber eats, Swiggy & Dunzo delivery boys & fined Rs 1000 each in Hyderabad on Saturday mentioning that food delivery agents cannot be considered under essential services.
On the ‘Hope, Not Hunger' initiative by the company, Swiggy CEO Sriharsha Majety said these are challenging times for the service industry including the food sector.
Coatue and Meituan-Dianping, besides two other investors who could not be identified, are in talks to invest in Swiggy, which was valued at $700 million last month