East India Company, Silver Rupee (Rupiya) of Chinapattam Mint
The East India Company (EIC) had established themselves in the village town called ‘Madrasapattam’ (now Chennai) in 1639-1640. This became the first major English settlement in India. In 1687, Aurangzeb’s conquest of Golconda and Bijapur led to the introduction of silver coins in southern India. The EIC sought permission from the Mughal Empire to mint… Read more »