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The Jagat Seths: The Bankers Who Bankrolled Bengal's Conquest
Long before the East India Company ruled Bengal, a family of bankers held the subcontinent's purse strings. The Jagat Seths — whose name literally means 'Banker of the World' — controlled Bengal's mint, financed its nawabs, and ultimately decided the fate of empires. In this episode, Lucas and Luna explore how a single merchant house amassed more wealth than European trading companies, why their betrayal of Nawab Siraj-ud-Daulah proved decisive at Plassey, and how their financial stranglehold made them the silent architects of British rule. From Murshidabad's bustling…
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