The Company's Mughal Broker: Khwaja Wazid and Indian Banking episode artwork

EPISODE · May 31, 2026 · 5 MIN

The Company's Mughal Broker: Khwaja Wazid and Indian Banking

from The East India Company: The Corporation That Conquered Nations — Fexingo History · host Fexingo

Before the East India Company became a colonial power, it depended on Indian financiers. In this episode, Lucas and Luna explore the role of the great banking house of Jagat Seth in Bengal, and the story of Khwaja Wazid, the Company's broker at Murshidabad. We trace how these moneylenders backed the British at the Battle of Plassey, the infamous Black Hole of Calcutta, and the rise of the Company as a territorial power. Along the way, we meet the jagat seth, or 'world banker,' who controlled the Mughal mint and financed both the nawab and the Company. This is the untold story of the credit that built an empire. #JagatSeth #KhwajaWazid #BattleOfPlassey #Murshidabad #Bengal #EastIndiaCompany #IndianBanking #Mughal #BlackHoleCalcutta #SirajUdDaulah #MirJafar #RobertClive #FexingoHistory #History #India #ColonialHistory #Trade #Finance Keep every episode free: buymeacoffee.com/fexingo

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