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Cafe Coffee founder cremated

August 1, 2019

The last rites of businessman V G Siddhartha were performed yesterday evening at one of his coffee estates in Chikkamagaluru district in Karnataka.

V G Siddhartha was the founder of popular café chain CCD-Café Coffee Day and had gone missing on Monday. His body was recovered in the backwaters of the Netravathi river by two fishermen yesterday. It is suspected that he committed suicide by jumping off the bridge on the river however, investigation is going on to ascertain the facts.

After the autopsy, Siddhartha's body was handed over to the family and was later taken to his village Chattanahalli. Siddhartha is survived by his wife Malavika Hegde and two sons, Ishaan and Amartya. His son Amartya lit the funeral pyre

Cremation of V G Siddhartha was attended by hundreds of people including Karnataka Chief Minister B.S. Yediyurappa, former CM HD Kumaraswamy, Siddhartha's father-in-law and former Chief Minister SM Krishna.

As per a letter written by V G Siddhartha on 27 July, he was under pressure due to financial matters concerning his company. "I have failed as an entrepreneur," he said in the alleged letter.

Karnataka Congress tweeted about Siddhartha's death and blamed the government for creating unfavorable conditions for businesses. "#VGSiddhartha case is very unfortunate. Result of harassment by IT officials & decline of India's entrepreneurial position turning virulent by the day, with Tax Terror & collapse of economy Companies which flourished under UPA have been shut down with many people being jobless," the tweet said.

Café Coffee Day tweeted, "Today we remember the legend that inspired us all. Thank you Chairman VG Siddhartha for your vision, leadership and the great legacy."



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