The Chairman and Managing Director of Palred Technologies, Palem Srikanth Reddy has passed away. Palem Srikanth Reddy was reported to have died today August 12 2020 from Covid-19 infection.

Palem Srikanth is the founder of 3 successful business operations – Four Soft Limited a technology company in logistics & supply chain space, Emery worldwide India (now UPS India) and Palred Tech. Founder & President of TSNV, a socio-politico organization for youth/IT professionals / Entrepreneurs / other educated classes. He had contested the Parliamentary elections in 2009 for Kadapa Parliament seat.

After he lost the election in 2009, Palem however decided to quit politics for good to focus on his new economy businesses.

A technocrat-entrepreneur-politician has a B.Tech from REC (NIT) Trichy and MS from Stanford University. Started his career in logistics at Hewlett Packard (Singapore) and subsequently became the Joint Venture Partner of Emery (now UPS) in India.

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Twitter Users Reacts To Palem’s Death