East India Company Luxury Retail Revival Ends in Liquidation After Financial Struggles

The East India Company, originally dissolved after the 1857 Indian rebellion, has closed again in its modern form as a London-based luxury retailer. Revived in 2010 by Indian entrepreneur Sanjiv Mehta, the brand sold premium food and drink products but faced financial difficulties, leading to liquidation in late 2023. The closure marks a subdued end to a name historically associated with colonial rule and controversy, with the store and website now closed and significant debts reported.