India Inc reacts to VG Siddhartha's disappearance
The Café Coffee Day founder has gone missing in a shocking case; entrepreneurs say it points to systemic issues in corporate India
The #VGSiddhartha news is just stunning. He certainly wasnt a failed entrepreneur!
Black letter day for startups & entrepreneurship in India!
Has to be said - new age startups are lucky to be (largely) funded by equity, debt driven businesses are far more harsh & stressful #CCD https://t.co/xDisccn2U1 — Amit Ranjan (@amitranjan) July 30, 2019
Coffee Day Owner Alleged Harassment By Tax Officer In Letter: Report - Such a shocking and sad end to a quiet n unassuming pioneer who started the coffee cafes business ahead of Starbucks in India. https://t.co/SKgAJH3dAS — Kiran Mazumdar Shaw (@kiranshaw) July 30, 2019
It seems to indicate that the Private Equity fund manager acted like a money lender n seems to have caused unbearable stress - needs to be investigated pic.twitter.com/DYKjTnRU0Q — Kiran Mazumdar Shaw (@kiranshaw) July 30, 2019
We need to take a clear stance in criminalization of a biz failure. A venture can fail, but an entrepreneur shouldn't - time & again we aren't learning from the past. Sad 😔 #vgsiddharth #ccd — Sampad Swain (@sampad) July 30, 2019
So heartbreaking. Had met him a few times - an absolute gentleman. How can someone get pushed so far to the edge in business, that they decide to take a fall themselves. I will always see his legacy as a very successful entrepreneur who brought coffee in our lives. My prayers 🙏🏼 https://t.co/bXHh2vyKmW — Kunal Bahl (@1kunalbahl) July 30, 2019
The real cost of doing business in India...maybe he did something wrong, maybe not..but no business can escape harassment, some more, some less.. https://t.co/DDbsmqDFds — Govindraj Ethiraj (@govindethiraj) July 30, 2019
(Compiled by Varsha Meghani)
