Jagat Seth

Jagat Seth was a prominent and powerful family of bankers and traders in 17th and 18th-century India, particularly in Bengal. They accumulated immense wealth through banking, finance, and commerce, including managing revenues for the Mughal Empire. Their influence extended beyond finance, as they held significant political and social sway in the region. Often considered one of the earliest examples of a financial dynasty, the Jagat Seth family played a key role in supporting Mughal governance and developing trade networks. Their wealth and power declined with the rise of European colonial powers and the decline of Mughal authority.