Cafe Coffee Day (CCD) founder VG Siddhartha found dead after 36 hours of disappearing

Cafe Coffee Day (CCD) founder VG Siddhartha found dead after 36 hours of disappearing

The mystery of the disappearance of CCD founder VG Siddhartha has come to an end finally as the body of the missing entrepreneur is found from Karnataka's Netravati river. Notably, 36 hours before this, the CCD founder had gone missing from the Netravathi bridge in Mangaluru.

Siddhartha had gone missing after he wrote an apologetic letter to his employees. The incident took place on Monday when the CCD Founder VG Siddhartha asked his driver to drop him off at the Netravathi bridge in Mangaluru at night while returning home from his work and then went missing an hour later.

The letter written by the CCD founder for his employees had contained an apology made by him towards his employees stating his failure to provide a suitable and profitable business to them.

Siddharth had written, “There was a lot of harassment from the previous DG income tax in the form of attaching our shares on two separate occasions to block our Mindtree deal and then taking position of our Coffee Day shares, although the revised returns have been filed by us. This was very unfair and has led to a serious liquidity crunch.”

This decision of the Cafe Coffee Day owner to commit suicide and failure to take risks arising in business has set a stark reminder that life can be ended at any moment. despite being a successful businessman with the Cafe Coffee Day chains of coffee shops doing particularly well, Siddhartha had to take the ultimate decission of ending his life. This comes as a big lesson for both the parents and their children to teach and learn to face challenges and take risks in life. one should be settled and solved in their minds to be able to take challenges coming in life while also being ready to handle failure. Social, mental and financial pressures are the common factors in business and one must be prepared to face and tackle.

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