Meet the owner of 2 Islands, 71-room palace with 32000 rupees, the man is now bankrupt, Aircel was …

The entrepreneurial rise of Chinnakannan Sivasankaran began in the 1980s with Sterling Computers, an important player in India's IT sector in the 1990s.

You must have heard many success stories on India.com, but here is a story of someone who is ONCE The owner from two Private Islands, A wasteful 71-Room villa In Chennai lived a successful life, but is now bankrupt. Once the owner of Characteristics In different Continente, Chinnakannan Sivasankaran is far known In Business Circles as “Siva ”. The tragedy of his life is such that he Now describes themselves as A broke Man. Here is everything you need to know about Chinnakannan Sivasankaran and his journey.

The life of Sivasankaran's unfolds How A gripping Biopic. Sivasankaran was raised In A modest Household In Tamil Nadu, Sivasankaran and had one Exceptional journey ahead. With his Path moves him India Pursue World, he achieved everything he could, but ultimately lost his Billion-dollar Business Rich.

In A youngest Look To The Ranveer ShowPresent The former telecommunications Magnate reflected To be meteoric raise And dramatic fall.

“I am not arm, I am Only broke for The Time Be,” He said with A serenity The Contrast The Storms He is weathered.

“I had everything – wealth, real estate, recognition – and then I saw how everything disappeared,” he was quoted in a report by News18 about his trip.

“I decided what I had to do next. My story is not over yet,” he said, adding his plans.

Entrepreneurial rise of Chinnakannan Sivasankaran

The entrepreneurial rise of Chinnakannan Sivasankaran Began in the 1980s with Sterling Computers, an important player in the IT sector in India in the 1990s. The biggest breakthrough in the career of Chinnakannan Sivasankaran came with the start of Aircel in 1999.

Aircel, the telecommunications company, quickly received a large popularity traction due to the likeable offers that it used to be available. It became a prominent brand that led to Siva in 2006 sold a share of 74% to Malaysias Maxis Communications.

Fall of Chinnakannan Sivasankaran

Although Sivasankaran He avoided criminal charges that he was involved in legal battles and had great difficulties due to the increasing debts. Aircel applied for bankruptcy by 2018, with Siva claiming personal losses of 7,000 billion rupees.

The report also states that its net assets were once over 4 billion US dollars, but with the downfall of Aircel everything changed.