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This was India's first company, Its business was..., was owned by...
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India's first company: Do you know which was India's first company? Would you believe if we say that India's first company was established even before the 1857 revolt, often called the 'First war of independence'. Established in 1600, East India Company was the first company of India. Formed for the purpose of trading Indian spices which were very valuable in Europe, the company was closed after the British crown took over control over British India. Here are all the details you need to know about the first company of India. How did India's first company came into existence?
The first company of India started its operation with the permission of Mughal emperor Jahangir, the British East India Company, established its first factory in Surat. Operating from Calcutta, Chennai, and Mumbai, it played a major role in India's subjugation. How 'First war of independence' impacted India?
After the 1857 revolt which challenged the supremacy of the company, called the 'First war of independence', the British Crown took control, and as a result, the company was dissolved in 1874. How was India's first company revived?
In a point of interest, Indian businessman Sanjeev Mehta revived it as an e-commerce brand selling tea, coffee, chocolates, and luxury hampers, opening its first store in London in 2010.
