I-T raids premises, offices of Cafe Coffee Day owner V G Siddhartha

Residence of promoter V G Siddhartha also raided; taxmen say raids were part of routine exercise

Over 25 offices and plantations of Coffee Day Enterprises, India's largest coffee chain, and its promoter V G Siddhartha were searched by Income Tax officials, which the department said was a routine search to look for unaccounted wealth.
 

An entrepreneur who opened India's first cyber cafe in 1998 and launched the brand, Siddhartha, is among the country's top exporters of coffee from the country. As an investor in technology firms, he has also backed IT services firm MindTree and is among the few people who bailed out Infosys when its initial public offer was under-subscribed.

Siddhartha is the son-in-law of