Back
Saathvi SN
Attended Mangalore U...ย โขย 1y
Cafe coffee day - India's beloved coffee brand! Well everyone knows about one of the most precious and renowned company thatz CCD. The story is much more than just a tale but a commercial success. It is story of resilience, Willpower, redemption and adaptation. After the the visionary creator of CCD, VG Siddhartha tragically passed by killing himself due a very huge debt of Rs7000 cr. Initially his wife Malavika hegde, took over the company's responsibility and renegotiated the non operational debts. She adopted a risk taking tactics instead of raising price. She reduced expenses and streamlined operations,by eliminating hundreds of coffee machine and closing unprofitable location, displaying her determination to restore the CCDs financial stability. She became the ray of hope for the CCD by Guiding through hardships and reviving it's core. Notably the company's debt was reduced and recovered via mindtree stock sales and partnership with US private equity behemoth Blackstone.
More like this
Recommendations from Medial
Somen Das
Senior developer | b...ย โขย 1y
Women power: Malavika Hegde took over as the CEO of Cafe Coffee Day (CCD) after her husband, founder VG Siddhartha, tragically passed away in 2019, leaving the company with a huge debt of Rs 7,000 crore. Focused on saving the company and preserving
See More
Nandishwar
Founder @StudyFlames...ย โขย 5m
โ Why Did Indiaโs Largest Coffee Chain Struggle? Cafe Coffee Day (CCD), once Indiaโs largest coffee chain, faced major setbacks: 1๏ธโฃ Aggressive expansion funded by unsustainable debt. 2๏ธโฃ Rising competition from global giants like Starbucks. 3๏ธโฃ
See More
Thatmoonemojiguy
A guy with lot's of ...ย โขย 18d
โ๏ธ How Indiaโs Biggest Cafรฉ Empire Brewed Success and Burned Out Before Starbucks or Blue Tokai, there was one name that defined coffee in India: Cafรฉ Coffee Day (CCD). Launched in 1996 by V.G. Siddhartha, CCD wasnโt just a cafรฉ it was a movement.
See More
Jaswanth Jegan
Founder-Hexpertify.c...ย โขย 1y
"The Founder's Suicide" Bankruptcy to Billions #1 Cafe Coffee Day's Turnaround Story Cafe coffee day was started by VG.Siddhartha in 1996 in Banglore.It quickly extended to more than 1000 shops in the India by 2011. But CCD had accumulated a total
See More
Pradeep Chaudhary
Co-founder & Productย โขย 5m
Drinking coffee in the morning might offer more health benefits than sipping it throughout the day, according to a new study. Published in the European Heart Journal , the findings suggest that morning coffee drinkers may have a lower risk of dying f
See More
Nitesh Tyagi
Hey I am on Medialย โขย 6m
Hello Everyone I am a plan to start a new brand for bean to cup coffee and premixes in india . I am looking for co founder who is good at marketing and websites an all. I have initial funds to start of as I am currently doing the same business with
See More
Aarihant Aaryan
Prev- Founder & CEO ...ย โขย 1y
The most overrated coffee Starbucks went from shutting down 600 stores in 2008 to closing 30Billion dollars in sales in 2024 From the beginning Starbucks was always a coffee bean retailer but Howard who joined the company as a director was impressed
See MoreAnonymous
Hey I am on Medialย โขย 1y
Mumbai-based edtech unicorn upGrad has reported raised Rs 287.5 crore (approximately $35 million) in debt from EvolutionX, Entrackr reported, citing the company's regulatory filing. The report said the edtech unicorn will use the raised capital for
See More
TREND talks
History always repea...ย โขย 7m
Business Idea: Coffee Printer - Printing on Coffee โ๐จ A coffee printer that prints on coffee using edible ink can be an excellent foundation for a business idea. ๐ก๐ฑ A special app installed on a tablet or smartphone allows you to upload new image
See More
Download the medial app to read full posts, comements and news.