On 31 December 1600, Queen Elizabeth I granted a Royal Charter to the English East India Company, often colloquially referred to as "John Company". It was initially a joint-stock company that sought trading privileges in India and the East Indies, but the Royal Charter effectively gave it a 21-year monopoly on all trade in the region. In time, the East India Company transformed from a commercial trading venture to one which virtually ruled India as it acquired auxiliary governmental and military functions, until its dissolution in 1858 following the Indian Mutiny. The East India Company was the means by which cricket was introduced into India.