Answer :

The East India Company, also known as the British East India Company was a British joint venture capital company. It was started by British businessmen on September 23rd, 1600 AD and was named ‘The Governor and Company of Merchants of London Training into the East Indies’. It was granted permission by Queen Elizabeth I on 31st December, 1600, to conduct business in the East. This company was responsible for the beginnings of the British Empire in India.

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