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{{More citations needed|date=August 2020}}
#REDIRECT [[Jagat Seth family]]
{{Use Indian English|date=July 2015}}
{{Use dmy dates|date=July 2015}}
{{Infobox person
|title    = Jagat Seth
Original  name =mahatab chand
| image      =
| alt        =
| caption    = Jagat Seth's house
| birth_name  = Fateh Chand
| birth_date  =
| birth_place =
| death_date  = 1652
| death_place = [[Murshidabad]], [[Bengal]], [[Indian subcontinent]] 
| nationality =  Bengal ( Under Nawab of Bengal)
| other_names =
| occupation  = Business
| known_for =  Role in [[Battle of Plassey]]
|education    =
|alma_mater    =
}}
[[File:House Of Jagat Seth Complex - Mahimapur - Murshidabad 2017-03-28 6165-6169.tif|thumb|House of Jagat Seth]]
The '''Jagat Seths''' belongs to  [[Jain]] family and the title of the eldest son of the family. The family sometimes referred to as the House of Jagat Seth, were a wealthy business, banking and [[Money-lender|money lender]] family from [[Murshidabad]], [[Bengal region]] in the eastern part of the [[Indian subcontinent]], during the time of [[Nawab]] [[Siraj ud-Daulah]].<ref>{{Cite web|title=Jagat Seth|url=https://www.theweek.in/theweek/cover/2020/08/13/bankrolling-a-battle.html}}</ref>


== The title ==
Jagat Seth was a title conferred by the [[Nawabs of Bengal and Murshidabad|Nawab of Bengal]] and can be interpreted as "banker or merchant of the world".<ref>{{Cite book|url=https://books.google.com/books?id=ZvaGuaJIJgoC&q=%22Jagat+Seth%22+meaning&pg=PA282|title=India Before Europe|last1=Asher|first1=Catherine B.|last2=Talbot|first2=Cynthia|date=2006|publisher=Cambridge University Press|isbn=978-0-521-80904-7|pages=282|language=en}}</ref>
House of Jagat Seth Museum contains personal possessions of Jagat Seth and his family including coins of the bygone era, [[muslin]] and other extravagant clothes, and [[Banarasi sari|Banarasi saris]] embroidered with gold and silver threads.
Jagat Seth, also the title for the powerful moneylender family he belonged to, looked after the mint and treasury accounts of Bengal during the Nawabi period. He played a key role in the conspiracy involving the imprisonment and ultimate killing of Nawab Siraj ud-Daulah. His house, complete with a secret tunnel as well as an underground chamber, where illegal trade plans were hatched, is what has been converted into the aforementioned museum.
It is said that the amount of wealth he had back then was greater than the wealth of all banks of England put together.
== Death ==
Jagat Seth Mahtab Rai and his cousin Maharaj Swaroop Chand were captured and shot dead on the orders of [[Mir Qasim]] shortly before the [[Battle of Buxar]] in 1764. Jagat Seth was considered to be a traitor as he financed the British during the [[Battle of Plassey]], which led to the death of [[Siraj ud-Daulah]] and the eventual start of the [[British Raj]].
==References==
{{Commons category|Jagat Seth}}
{{Commons category|Jagat Seth}}
{{Reflist}}


==External links==
* [http://www.marwar.com/the-rise-and-fall-of-the-jagat-sheths/ The Rise and Fall of the Jagat Seths]
* [https://theprint.in/pageturner/excerpt/bengal-banker-jagat-seth-who-gave-loans-to-east-india-company-financial-tips-to-aurangzeb/486979/ Bengal banker Jagat Seth who gave loans to East India Company, financial tips to Aurangzeb] The Print
{{Authority control}}
[[Category:History of Bengal]]
[[Category:Indian bankers]]
[[Category:Indian bankers]]
[[Category:18th-century Indian people]]
[[Category:18th-century Indian people]]
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[[Category:Year of birth missing]]
[[Category:Year of birth missing]]
[[Category:People from Murshidabad district]]
[[Category:People from Murshidabad district]]
{{India-hist-stub}}

Latest revision as of 19:03, 4 June 2022

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