Once the world’s most powerful trading empire, the East India Company has shut down for the second time in London — this time as a luxury retail brand.

The original company, which began its rule in India in 1757, reshaped global trade but also left behind a deeply controversial legacy marked by exploitation and colonial violence. It was dissolved more than 150 years ago.

In 2010, British-Indian businessman Sanjiv Mehta acquired the rights to the historic name and revived it as a premium retail venture. The rebranded firm has now gone bankrupt, closing another chapter in the company’s long and complex history.

East India Company Shuts Down Again After 170 Years- What Went Wrong? 

<p>The&nbsp;East India Company, which once owned India,&nbsp; in&nbsp;one of the great ironies of history,&nbsp;is now owned by an Indian&nbsp;entrepreneur named&nbsp;Sanjiv Mehta.</p>

<p>The company was founded in 1600 to&nbsp;import spices, tea and exotic items to Europe from India.</p>

<p>After the 1857 revolt, the East India Company was disbanded after its soldiers rose in rebellion against the British</p>

<p>For years the company remained dormant, stuck in memories and history books.</p>

<p><strong>Also read:&nbsp;<a href="https://www.wionews.com/south-asia/china-has-grabbed-more-land-than-the-east-india-company-ex-maldives-president-nasheed-32690">China has grabbed more land than the East India Company: ex-Maldives president Nasheed</a></strong></p>

<p>In India, the historic East India Company is a symbol of oppression and humiliation.</p>

<p>In 2003, a group of shareholders who owned the East India Company were attempting to revive it as a business selling tea and coffee.&nbsp;</p>

<p>Indian entrepreneur Sanjiv Mehta procured the company name in&nbsp;2005&nbsp;and transmuted it into a customer brand focused on luxury teas, coffees, and food.</p>

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/gravitas-an-indian-now-owns-the-east-india-company-330316/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>
</div>
<a class="close-mark close-div" href="#" id="jqclosemark">×</a></div>

<p>“A company which once owned India is now owned by an Indian ... a feeling of the empire striking back,” says&nbsp;Mehta, who opened his first store in 2010 in London’s affluent Mayfair area.</p>

<p>“The historic East India Company built itself on aggression, but today’s East India Company is about compassion,” he says.&nbsp;</p>

<p>On September 8, Sanjiv Mehta has earned the permit to trade under the cost of arms and seal of the notable company. He additionally has the options to mint coins, including a Mohur gold coin that was last minted in 1918 in British India.</p>

<p>Purchasing the shares meant emotional closure for Mehta, who as an Indian is acquainted with the historical backdrop of the company's forceful trade policies and misuse of the Indian subcontinent.</p>


The East India Company, which once owned India, in one of the great ironies of history, is now owned by an Indian entrepreneur named Sanjiv Mehta. The company was founded in 1600 to import spices, tea and exotic items to Europe from India.

The East India Company, which once owned India, in one of the great ironies of history, is now owned by an Indian entrepreneur named Sanjiv Mehta. The company was founded in 1600 to import spices, tea and exotic items to Europe from India. After the 1857 revolt, the East India Company was disbanded after its soldiers rose in rebellion against the British For years the company remained dormant, stuck in memories and history books. Also read: China has grabbed more land than the East India Company: ex-Maldives president Nasheed In India, the historic East India Company is a symbol of oppression and humiliation. In 2003, a group of shareholders who owned the East India Company were attempting to revive it as a business selling tea and coffee. Indian entrepreneur Sanjiv Mehta procured the company name in 2005 and transmuted it into a customer brand focused on luxury teas, coffees, and food. × “A company which once owned India is now owned by an Indian ... a feeling of the empire striking back,” says Mehta, who opened his first store in 2010 in London’s affluent Mayfair area. “The historic East India Company built itself on aggression, but today’s East India Company is about compassion,” he says. On September 8, Sanjiv Mehta has earned the permit to trade under the cost of arms and seal of the notable company. He additionally has the options to mint coins, including a Mohur gold coin that was last minted in 1918 in British India. Purchasing the shares meant emotional closure for Mehta, who as an Indian is acquainted with the historical backdrop of the company's forceful trade policies and misuse of the Indian subcontinent.

Now, East India Company is owned by an Indian entrepreneur

sanjiv-mehta

Sanjiv Mehta, News on Sanjiv Mehta, stories on Sanjiv Mehta, articles on Sanjiv Mehta, Sanjiv Mehta stories at Wion, Sanjiv Mehta news, Sanjiv Mehta latest news

sanjiv mehta

East India Company Shuts Down Again After 170 Years- What Went Wrong?

Now, East India Company is owned by an Indian entrepreneur