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Wednesday, 31 July 2019

CCD founder VG Siddhartha's business empire

Cafe Coffee Day founder VG Siddhartha had a complex structure of over 50 subsidiaries. This also includes estimated value of businesses according to Siddhartha, as mentioned to the board in his letter, at a total of over Rs 18,000 crore compared to his debt of over Rs 6,500 crore.

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