Mumbai: A 23-year-old entrepreneur, resident of Matunga, died by suicide on Saturday after struggling to keep his star-up afloat and repay a loan of ₹14 lakh.
The police investigation has been revealed that the man had taken loans to start a garment store in the Hindmata area in Dadar, However, due to Covid and subsequent lockdowns, the store suffered huge losses, and he was unable to repay his creditors.
“The man was rushed to KEM Hospital where he was declared dead. The victim stayed with his mother and lost his father some time ago,” said Deepak Chavan, senior police inspector of Matunga police station.
The police found a suicide note written in the diary of the deceased.
“In the note, he apologised to his mother for selling her jewellery to fund his start-up. He had also mentioned about the loan taken from three people to the tune of ₹14 lakh, and that he was unable to repay it,” said a police officer.
The police said the post-mortem has concluded that he died due to overdose of tablets.
“We found the tablet wrappers near his bed. His mother confirmed that she had brought a packet of blood pressure and diabetes tablets last week, and it seems the victim took them all on Friday night, and fell from his bed on Saturday morning,” said another officer.
(If you need support or know someone who does, please reach out to a mental health specialist.) Helplines: Aasra: 022 2754 6669; Sneha India Foundation: +914424640050 and Sanjivini: 011-24311918