CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who was the founder of CCD(Cafe Coffee Day)?
A
Byju Raveendran
B
VG Siddhartha
C
Ritesh Agarwal
D
Sriharsha Majety, Nandan Reddy, Rahul Jaimini
Explanation: 

Detailed explanation-1: -Veerappa Gangaiah Siddhartha Hegde (1958/1959 – 29 July 2019) was an Indian businessman from Karnataka. He was the founder of the cafe chain Café Coffee Day and served as its chairman and managing director.

Detailed explanation-2: -The first CCD outlet was set up on July 11, 1996, at Brigade Road, Bangalore, Karnataka. It rapidly expanded to other cities in India, with more than 1,000 cafés open across the nation by 2011.

Detailed explanation-3: -Founder Journey It all started when Late V. G Siddharth completed his education. Now, he had two options, whether he could have started his own business or supported the growing coffee plantation of his family business.

Detailed explanation-4: -He inspired by the founders of “leading coffee brand in Germany – Tchibo.” This inspiration gave Siddhartha an image of a different world overall & opened his eyes. It also gave him a great concept, with that idea; cup by cup he made his Billion dollar field.

Detailed explanation-5: -Coffee Day owner VG Siddhartha took nearly Rs 2,700 crore out of company before he died by suicide.

There is 1 question to complete.