Café Coffee Day (CCD) is an Indian multinational chain of coffeehouses headquartered in Bengaluru, Karnataka. It is a subsidiary of Coffee Day Enterprises Limited. Internationally, CCDs were present in Austria, Czech Republic, Malaysia, Nepal and Egypt before shutting down all operations outside India.4]
Cafe Coffee Day Cafe Coffee Day logo.png Trade name Café Coffee Day Type Subsidiary of Coffee Day Enterprises Traded as BSE: 539436 NSE: COFFEEDAY (parent company) ISIN INE335K01011 Industry Coffeehouse Founded 1996; 26 years ago Founder V. G. Siddhartha Headquarters Coffee Day Square, Vittal Mallya Road, Bengaluru, Karnataka, India[1] Number of locations 550[2 Area served Worldwide Key people S. V. Ranganath (Interim Chairman) Malavika Hegde (CEO) [3] Products CoffeeTeaPastriesCappuccinoSmoothies Revenue Decrease ₹1,024.79 crore (US$130 million) (2021)[4] Operating income Decrease ₹−559.02 crore (US$−73 million) (2021) Net income Decrease ₹−583.92 crore (US$−77 million) (2021) Total assets Decrease ₹6,601.80 crore (US$870 million) (2021) Total equity Decrease ₹3,896.40 crore (US$510 million) (2021) Number of employees 20,135[4] Parent Coffee Day Enterprises Subsidiaries • Café Emporio • Coffee Day Fresh ‘n Ground • Coffee Day Xpress • Coffee Day Take Away • Coffee Day Exports • Coffee Day Perfect
• Coffee Day Beverages Website cafecoffeeday.com History Edit Café Coffee Day Global Limited Company is a Chikkamagaluru-based business which grows coffee in its own estates of 20,000 acres.[5] It is the largest producer of arabica beans in Asia, exporting to various countries including U.S., Europe, and Japan.[6]
V. G. Siddhartha started the café chain in 1996 when he incorporated Coffee Day Global, which is the parent of the Coffee Day chain.[7] 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.
In 2010, it was announced that a consortium led by Kohlberg Kravis Roberts would invest ₹1,000 crore (equivalent to ₹19 billion or US$250 million in 2020) in Coffee Day Resorts, owned by the company.[8] The same year, the logo was changed to the current logo, which the company stated was to showcase the chain as a place to talk.[9] This was done with major changes in the layout of the stores, including the addition of lounges and a total revamp of the interiors.[10]The company is vertically integrated as per the strategy to cut costs: from owning the plantations[5] to growing the coffee,[5] making the coffee machines[11] and making the furniture for the outlets.[5]
On 29 July 2019, Siddhartha went missing, and his body was found in the Nethravathi river backwaters two days later. A letter, assumed to be written by Siddhartha addressing the board of directors and staff, was made public in which he takes responsibility for not creating a profitable business model.[12]
In September 2019, the company appointed auditing firm Ernst and Young to scrutinize their books of accounts. They also indicated the auditor will also look into circumstances of the last letter written by the founder and the points he made in it.[13]
In March 2020, Coffee Day Enterprises Limited announced that it has reached an agreement to sell Global Village Technology Park, a 90-acre tech park on the outskirts of Bengaluru, for a total consideration of ₹2,700 crore for repaying the debt of Cafe Coffee Day's associate firms and their...
Read moreIt offers a familiar and comfortable setting for coffee lovers and those seeking a quick bite. As a popular chain, CCD provides a consistent experience, making it a reliable choice for many. The cafe's ambiance is generally relaxed, with comfortable seating and a casual atmosphere. It's a good spot for meeting friends, studying, or simply unwinding with a book. The menu features a wide variety of coffee drinks, from classic cappuccinos and lattes to flavored options and cold coffees, catering to diverse tastes. They also offer a selection of snacks, sandwiches, and desserts to complement the beverages. The service at CCD is usually efficient, with friendly staff ready to assist. However, during peak hours, it can get crowded, and you might experience a slight wait. The quality of the coffee is generally consistent with the CCD brand, and the food items are decent, though not always exceptional. Overall, CCD on Elgin Road is a convenient and reliable option for a coffee break or a casual hangout in Allahabad, providing a familiar and comfortable...
Read moreGood store...........have a decent place to sit and chat....... i am no expert to comment on coffee taste, but the coffee i drank there is horrible it like i wasted 500 rupees, but if you are CCD lover you already know the taste then please do tell me that they regular make horrible coffee or i get caught at the wrong day................. pretty much expensive ............ for a couple it is the best place to hangout.............and also very good for girls individual or in group very good place for writer's to write and also very good place for waiting for someone or you just want to kill some sometime............. All and all it is a good shop you have to try it aur launde ho tum toh chup chaap guru aage nikalo big bazar samne ek thele lagata mast chai sutta phuko, makhan bread bhi deta hai .........50 rs ke andar nipat jaoge aur peth bhi bhar...
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