Grit-filled story of CEO Malavika Hegde who helped Café Coffee Day stay alive even after her husband died
The story of Malavika Hegde, the CEO of Café Coffee Day is full of grit and determination. She helped the business survive even after her husband had died. Remember the surprising news in 2019 about V G Siddhartha, the founder of India's largest coffee shop chain, Cafe Coffee Day? Malavika Hedge, Siddhartha's wife, was appointed CEO of Coffee Day Enterprises Ltd (CDEL), the owner of the Café Coffee Day chain, in December 2020. The odds were stacked against her. Nonetheless, she has written a fantastic success tale. The unexpected suicide of V G Siddhartha- the beginning of CDEL's problems V G Siddhartha's suicide had also brought to light CDEL's concerns. The CDEL founder had requested that his driver take him to a bridge near Mangaluru. He was never seen again, and his body was discovered later. ANI released a typewritten letter. Siddhartha seems to be apologising in the note for "failing to build the correct successful business model ." He claime...