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We have reduced the debt burden, the worst is over: Coffee Day Enterprises’ new CEO Malavika Hegde
Synopsis
I am bullish on both the cafe and vending businesses. Both businesses will need to pass a few more hurdles before they flourish, says Coffee Day Enterprises’ new CEO Malavika Hegde.
Coffee Day Enterprises’ new chief executive officer Malavika Hegde, who has taken a hands on-role at the company since the demise of her husband and former chairman VG Siddhartha, said her team has weathered the storm and significantly trimmed the debt overhang. In a first ever media interview, Hegde told ET’s KR Balasubramanyam, that her focus is on striking strategic alliances to widen product portfolio and drive revenue growth. Edited