Failed Founder or Fake Whistleblower? The Curious Case of Sandeep Gudapati of Eviris Health and Hitesh Bang of Parampara ( Flavours Of India )

What defines a founder—resilience or revenge? Most entrepreneurs, after facing rejection from an investor, return to the drawing board, refine their pitch, and fight harder to raise funds. But a few, instead of rebuilding, choose to attack the very investors who turned them down.

This is the story of Sandeep Gudapati, Director of Eviris Health Services Pvt. Ltd., a decade-old health-tech startup with little to show for its existence. Once hailed as a promising founder, Sandeep today appears more like a frustrated entrepreneur—or worse, a self-styled whistleblower with questionable credibility.

A Startup Without Growth

Eviris Health was launched in 2015, but even after 10 years, industry trackers find no visible growth, no market impact, and no investor confidence. Our investigation into the company’s bank statements and credit history revealed a troubling picture: mounting debts and weak financial standing.

We have also made the credit History of Sandeep public, Download Now

We will soon make the bank statements Public after regulatory Approval

Please do decide, how an Investor may have entertained Sandeep

Employees too have reportedly faced delays in salary payments, while the company has changed its office address three times, raising further doubts about its stability.

A Shadowy Public Profile

Adding to the intrigue, Sandeep’s public presence is almost non-existent. Apart from a single display picture across his social media profiles, no verified photographs or appearances are available in the public domain.

On LinkedIn and Twitter, Sandeep’s activity revolves almost entirely around one subject—attacking Foxhog Ventures. Initially, his posts drew some engagement, but the response has since dwindled.

His frequent claim? That Foxhog operates without RBI or SEBI licenses. But experts call the accusation baseless: “Why would a foreign VC firm need Indian banking licenses when it doesn’t operate as a bank?”

The Hyderabad Connection – Enter Hitesh Bang

Our investigation soon unearthed another character—Hitesh Bang, a Hyderabad-based businessman who runs the restaurant Parampara.

• Hitesh filed an FIR against Foxhog, but the contents raised eyebrows—it merely stated that he “felt bad because Foxhog rejected his funding application.”
• Despite the flimsy nature of the complaint, Foxhog had to secure bail and has since moved the Hon. Court for quashing of the FIR.
• Sources allege Hitesh’s involvement in hawala transactions, with his restaurant serving as a suspected meeting ground for illicit financial settlements.

Credit History of Hitesh Bang is available for the Public: Download Now

Debt records show Hitesh, too, is under financial stress, with businesses largely dependent on loans.

The Legal Web

Court records further expose the troubled past of both men:

• Sandeep Gudapati faces six cases—three filed by Foxhog, one by Rohit Dewan, and two by lenders for alleged bank fraud. At least one FIR order is currently pending, with cases at the evidence stage.
• Hitesh Bang has three cases pending—two from Foxhog and one from Anita Sharma alleging extortion and blackmailing.
• In addition, Hitesh’s restaurant faces seven consumer complaints over poor service and mismanagement.
• The Bigger Picture

This is no longer the story of a frustrated startup founder. It’s a web of debts, legal disputes, hawala links, and a targeted campaign against any Investor.

Foxhog, meanwhile, continues to expand, we are also investigating against Foxhog and will soon publish the report.

Our team has already released credit histories and will soon make public further bank transaction details and photographic evidence linked to hawala settlements by Hitesh Bang, pending regulatory clearance.

Unanswered Questions

Repeated questions sent to Sandeep Gudapati remain unanswered. Until then, his image as a “fake whistleblower” seems to overshadow his identity as a “health-tech founder.”

The bigger question remains for India’s startup ecosystem:

👉 Will frustrated founders keep chasing investors, or will they focus on building what they once promised?

This article will be amended from time to time as many reports about Sandeep, Hitesh, and Foxhog are still awaiting a response from many government and Private agencies.