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Cafe Coffee Day founder V G Siddhartha's body found from river: Report

Siddhartha, the founder of India's largest coffee chain, went missing on Monday night en route to the coastal Karnataka city of Mangaluru

V G Siddhartha
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V G Siddhartha | File photo

BS Web Team
The body of Cafe Coffee Day founder V G Siddhartha has been found from the Nethravathi river, according to TV reports on Wednesday. 

Siddhartha's body was found on the banks of the river near the Hoige Bazaar in Mangaluru, according to news agency ANI.

Siddhartha, the founder of India’s largest coffee chain, went missing on Monday night en route to the coastal Karnataka city of Mangaluru, with a letter purportedly written by him showing he was under "tremendous pressure" from lenders and one of the private equity partners (PEs). The letter also alleged "a lot of harassment" from tax authorities. 

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