East India Company
During this period, the East India Company operated factories in Bantam, Surat, and Fort St George (Chennai). The Commonwealth was not sympathetic to the Company, seeing it as a relic of the Stuart era. The First Anglo-Dutch War severely damaged the fortunes of the Company as it had a weaker military presence in the Indian Ocean compared to their rival, the Dutch East India Company. In 1654, the Company lost its monopoly charter. Cromwell renewed the charter in 1657 and granted the EIC the right to govern the South Atlantic island of Saint Helena.
Read more about this topic: English Revolution In The Colonies
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