Portuguese East India Company Portuguese East India Company The Portuguese East India Company ( or ) was a short-lived ill-fated attempt by Philip III of Portugal to create a national chartered company to look after interests in Portuguese India in the face on encroachment by the Dutch and English following the personal union of the Portuguese and Spanish Crowns. Portuguese trade with India had been a crown monopoly since the Portuguese captain Vasco da Gama opened the sea route to India in 1497-99. The monopoly had been managed by the Casa da Índia, the royal trading house founded around 1500. The Casa was responsible
William Weston (explorer) working together by this time, with Weston probably being one of the 'great seamen' and Bristol 'companions' of the Venetian explorer, discussed in a diplomatic correspondence of December 1497.. In a letter to the Duke of Milan, the Milanese ambassador noted that some of Cabot's Bristol companions on his recent voyages had accompanied the Venetian to Court and had testified to the truth of the explorer's claims about the lands [North America] he had discovered in the summer of 1497. While the exact year of Weston's independent voyage has yet to be determined, Jones and Condon suggest that it took