The East India Company: The Corporation That Conquered Nations — Fexingo History

Fexingo

How did a London trading company become the de facto ruler of India? The East India Company started as a joint-stock venture in 1600, chasing spices, but by the mid-18th century it ran armies, minted coins, and governed millions. Lucas and Luna trace the Company's transformation from merchant fleet to imperial machine: the battle of Plassey (1757) where Robert Clive bent Bengal to Company will; the scandalous 'nabobs' who returned with fortunes; the opium trades that forced open China; and the Sepoy Rebellion of 1857 that finally brought Crown rule. They explore how a corporation waged war (Anglo-Mysore conflicts, Anglo-Maratha wars), administered...

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The East India Company: The Corporation That Conquered Nations — Fexingo History

Episodes (212)

Yesterday The EIC's Forgotten Banker: Jagat Seth and the Fall of Bengal
Wednesday The EIC's Forgotten Saltpetre: The Powder That Built Empire
Tuesday The EIC's Forgotten Silk: How Bengal's Mulberry Fed Empire

The East India Company: The Corporation That Conquered Nations — Fexingo History

Aug 27, 2026
10¾ minutes
5 MB

In this episode, Lucas and Luna dig into the story of Jagat Seth, the Oswal Jain banker who controlled Bengal's finances in the 18th century. They explore how his family's banking network, the Seths of Murshidabad, became the fiscal backbone of the Mughal province, and how their loans to the Nawab, Siraj-ud-Daulah, made them a target for the East India Company. The conversation traces the events leading up to the Battle of Plassey in 1757, including the conspiracy with Mir Jafar, and how the Company's victory transformed Jagat Seth's power—from indispensable ally to expendable pawn. They also discuss the fa...

The East India Company: The Corporation That Conquered Nations — Fexingo History

The EIC's Forgotten Banker: Jagat Seth and the Fall of Bengal

Fexingo

00:00 -08:57