Business Standard

VG Siddhartha says failed as an entrepreneur, disappears two days later

Siddhartha, the son-in-law of former Karnataka chief minister S M Krishna, was reported to have gone missing after he left from Bengaluru on Monday night

V G Siddhartha

VG Siddhartha

Press Trust of India
"I have failed as an entrepreneur," V G Siddhartha, who has gone missing, has said in a letter purportedly written to the Board of Directors and employees of Coffee Day Enterprises, he founded.

"After 37 years, with strong commitment to hard work, having directly created 30,000 jobs in our companies and their subsidiaries, as well as 20,000 jobs in technology company where I have been a large shareholder since its founding, I have failed to create the right profitable business model despite my best efforts", he said.

"I would like to say I gave it my all. I am very sorry to

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First Published: Jul 30 2019 | 2:25 PM IST

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