Jaspreet Bindra Profile picture
Feb 6 8 tweets 5 min read
Yesterday, I had one of my most interesting visits and meetings, with the owner of the #company that virtually created #capitalism !!

Interested to know more? See the thread🧵
@TheEastIndia Company (EIC) was an English, and later British, joint-stock company founded in 1600. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with Qing China.
The company seized control of large parts of the Indian subcontinent, colonized parts of Southeast Asia and Hong Kong after the First Opium War, and maintained trading posts and colonies in the Persian Gulf
The rest, as they say, is history.
Cut to early 2000, when Indian business @SanjivMehta1600 actually bought out the East India Company ‘from 30 to 40 owners’, in a burst of patriotic fervor, and has built it up into a luxury business selling teas, coffees, chocolates, other fine foods and #gin ! Image
Their flagship showroom is in Conduit Street, London, which I visited yesterday. I learnt so many amazing things from Sanjiv. For example the word 'cash' came from the currency issued by the EIC, the currency was called 'cash' ! The EIC also owns the words ‘mohur’ and guinea!! Image
In 2013, famously, the @MahindraRise and @anandmahindra bought a minority stake in the East India Company, bringing two iconic companies together!
business-standard.com/article/compan…
Lovely meeting one of the most dynamic entrepreneur owning a storied company with so many interesting stories; he is also one of the most tech-friendly CEOs I have met. He knows more about #NFTs , the #Metaverse and #web3 than most people I know!
Do drop into their store at Conduit Street, off #RegentStreet and just a couple of minutes walk from
#oxfordcircus Tube station, or visit them at theeastindiacompany.com

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More from @j_bindra

Apr 22, 2019
My friend and erstwhile colleague @GovindSankar reminded me of this.
In 1994, I was elated at being accepted by the super-prestigious Tata Administrative Service, #TAS right after my #MBA . I was even more thrilled when I was chosen to be a part of the Tata Singapore Airlines JV
...to start a world class airline in India - perhaps the most exciting thing happening in Indian aviation, if not Indian industry, at that time. Very few people know that the original inspiration for Singapore Airlines was JRD Tata’s @airindiain -
– then amongst the best airlines in the world. The bureaucrats from #Singapore came to learn from him and his company on how to build a world-class airline out of Singapore.
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