Venture capital firm Sequoia Capital has reportedly sold its stake in India’s Amalgamated Bean Coffee Trading Co. Ltd. (ABCTL) to V. G. Siddhartha, the company’s Founder and Chairman. ABCTL owns and operates Indian coffee shop chain Café Coffee Day (CCD). Sequoia Capital originally invested US$20 million in ABCTL in 2006 and reportedly generated a return multiple greater than 2x and an IRR of between 18 and 20 percent from the exit.