Danish East India Company
Overview
 
The Danish East India Company was a Danish chartered company
Chartered company
A chartered company is an association formed by investors or shareholders for the purpose of trade, exploration and colonization.- History :...

.
It was founded in 1616, following a privilege of Danish
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...

 King Christian IV.
It was focused on trade with India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

 and had its base in Tranquebar
Tranquebar
Tharangambadi is a panchayat town in Nagapattinam district in the Indian state of Tamil Nadu, 15 km north of Karaikal, near the mouth of a distributary of the Kaveri River. Its name means "place of the singing waves"...

, in the fort Dansborg, the seat of its governor (see indirect rule
Indirect rule
Indirect rule was a system of government that was developed in certain British colonial dependencies...

) of Danish India
Danish India
Danish India is a term for the former colonies of Denmark, and until 1814 Denmark–Norway, in India. The colonies included the town of Tranquebar in present-day Tamil Nadu state, Serampore in present-day West Bengal, and the Nicobar Islands, currently part of India's union territory of the Andaman...

, who was styled Opperhoved. During its heyday, the Danish East India Company and Swedish East India Company
Swedish East India Company
The Swedish East India Company was founded in Gothenburg, Sweden, in 1731 for the purpose of conducting trade with the Far East...

 imported more tea than the British East India Company
British East India Company
The East India Company was an early English joint-stock company that was formed initially for pursuing trade with the East Indies, but that ended up trading mainly with the Indian subcontinent and China...

 and smuggled 90 percent of it into Britain
United Kingdom of Great Britain and Ireland
The United Kingdom of Great Britain and Ireland was the formal name of the United Kingdom during the period when what is now the Republic of Ireland formed a part of it....

, where it could be sold at a huge profit.

After a short blossoming, it lost importance quickly and was dissolved in 1729.
Unanswered Questions
Encyclopedia
The Danish East India Company was a Danish chartered company
Chartered company
A chartered company is an association formed by investors or shareholders for the purpose of trade, exploration and colonization.- History :...

.

History

It was founded in 1616, following a privilege of Danish
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...

 King Christian IV.
It was focused on trade with India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

 and had its base in Tranquebar
Tranquebar
Tharangambadi is a panchayat town in Nagapattinam district in the Indian state of Tamil Nadu, 15 km north of Karaikal, near the mouth of a distributary of the Kaveri River. Its name means "place of the singing waves"...

, in the fort Dansborg, the seat of its governor (see indirect rule
Indirect rule
Indirect rule was a system of government that was developed in certain British colonial dependencies...

) of Danish India
Danish India
Danish India is a term for the former colonies of Denmark, and until 1814 Denmark–Norway, in India. The colonies included the town of Tranquebar in present-day Tamil Nadu state, Serampore in present-day West Bengal, and the Nicobar Islands, currently part of India's union territory of the Andaman...

, who was styled Opperhoved. During its heyday, the Danish East India Company and Swedish East India Company
Swedish East India Company
The Swedish East India Company was founded in Gothenburg, Sweden, in 1731 for the purpose of conducting trade with the Far East...

 imported more tea than the British East India Company
British East India Company
The East India Company was an early English joint-stock company that was formed initially for pursuing trade with the East Indies, but that ended up trading mainly with the Indian subcontinent and China...

 and smuggled 90 percent of it into Britain
United Kingdom of Great Britain and Ireland
The United Kingdom of Great Britain and Ireland was the formal name of the United Kingdom during the period when what is now the Republic of Ireland formed a part of it....

, where it could be sold at a huge profit.

After a short blossoming, it lost importance quickly and was dissolved in 1729. In 1730, it was refounded as the Asiatisk Kompagni ("Asiatic Company") and with the royal licence conferred in 1732, the new company was granted a 40-year monopoly on all Danish trade east of the Cape of Good Hope
Cape of Good Hope
The Cape of Good Hope is a rocky headland on the Atlantic coast of the Cape Peninsula, South Africa.There is a misconception that the Cape of Good Hope is the southern tip of Africa, because it was once believed to be the dividing point between the Atlantic and Indian Oceans. In fact, the...

, yet in 1772, it lost its monopoly, and in 1779 Danish India became a crown colony
Crown colony
A Crown colony, also known in the 17th century as royal colony, was a type of colonial administration of the English and later British Empire....

.

During the Napoleonic Wars
Napoleonic Wars
The Napoleonic Wars were a series of wars declared against Napoleon's French Empire by opposing coalitions that ran from 1803 to 1815. As a continuation of the wars sparked by the French Revolution of 1789, they revolutionised European armies and played out on an unprecedented scale, mainly due to...

, in 1801 and again in 1807, the British Navy
Royal Navy
The Royal Navy is the naval warfare service branch of the British Armed Forces. Founded in the 16th century, it is the oldest service branch and is known as the Senior Service...

 attacked Copenhagen in the Battle of Copenhagen (1807)
Battle of Copenhagen (1807)
The Second Battle of Copenhagen was a British preemptive attack on Copenhagen, targeting the civilian population in order to seize the Dano-Norwegian fleet and in turn originate the term to Copenhagenize.-Background:Despite the defeat and loss of many ships in the first Battle of Copenhagen in...

. As a consequence of the last attack, Denmark (one of few West European countries not occupied by Bonaparte) lost its entire fleet and the island of Helgoland
Heligoland
Heligoland is a small German archipelago in the North Sea.Formerly Danish and British possessions, the islands are located in the Heligoland Bight in the south-eastern corner of the North Sea...

 (part of the duchy of Holstein-Gottorp
Holstein-Gottorp
Holstein-Gottorp or Schleswig-Holstein-Gottorp is the historiographical name, as well as contemporary shorthand name, for the parts of the duchies of Schleswig and Holstein that were ruled by the dukes of Schleswig-Holstein-Gottorp. Other parts of the duchies were ruled by the kings of Denmark. The...

; ceded to Germany in 1890) to Britain
United Kingdom of Great Britain and Ireland
The United Kingdom of Great Britain and Ireland was the formal name of the United Kingdom during the period when what is now the Republic of Ireland formed a part of it....

. Denmark finally sold its remaining settlements in mainland India
Mainland India
Mainland India are the territories of India located on the Asian continental mainland. This includes the twenty-eight states and five out of seven union territories...

 in 1845 and the Danish Gold Coast
Danish Gold Coast
The Danish Gold Coast was a part of the Gold Coast , which is on the West African Gulf of Guinea...

 to the British in 1850.

See also

  • Tranquebar
    Tranquebar
    Tharangambadi is a panchayat town in Nagapattinam district in the Indian state of Tamil Nadu, 15 km north of Karaikal, near the mouth of a distributary of the Kaveri River. Its name means "place of the singing waves"...

  • Serampore
    Serampore
    Serampore is a city and a municipality in Hooghly district in the Indian state of West Bengal. It is a part of the area covered by Kolkata Metropolitan Development Authority. It is a pre-colonial town on the right bank of the Hoogli River...

  • Dansborg
  • Frederiksnagore
  • Nicobar Islands
    Nicobar Islands
    The Nicobar Islands are an archipelagic island chain in the eastern Indian Ocean...

  • History of India
    History of India
    The history of India begins with evidence of human activity of Homo sapiens as long as 75,000 years ago, or with earlier hominids including Homo erectus from about 500,000 years ago. The Indus Valley Civilization, which spread and flourished in the northwestern part of the Indian subcontinent from...


Sources and references

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