Café Coffee Day owner VG Siddhartha
Mumbai: Café Coffee Day founder and owner, VG Siddhartha, who is also the son-in-law of former Karnataka Chief Minister SM Krishna, is reportedly missing near Mangaluru. Police have launched a massive search operation near the bridge near Mangaluru where Siddhartha was seen last.
Siddhartha went missing on Monday evening while his phone has been switched off ever since.
The cafe chain owner was on his way to Mangaluru in Karnataka on Monday when he asked his driver to stop the car near a bridge on the Netravati River and got off.
Police suspect he might have jumped off the bridge and committed suicide.
VG Siddhartha comes from a family that has a 135-year history of growing coffee. Despite this, he was a reluctant entrant into this industry and wanted to work as an investment banker in Mumbai after completing his Master's degree in Economics from Mangalore University.
CCD clocked revenue of Rs 1,777 crore & Rs 1,814 crore in FY 2018 & 2019, respectively, and eyeing Rs 2,250 crore by March 2020.