The British East India Company was
◦ a publicly-owned Indian company where profits were largely shared by various Indian principalities
◦ largely comprised of British laborers sent to work in India under the authority of Indian vassal states
◦ a private firm acting as an arm of the British government that gained economic and military dominance over much of South Asia
◦ established after Indian independence in 1947
◦ dissolved after the 1857 uprising in India