Trading company founded by Jean-Baptiste Colbert in 1664, and its successors, established to oversee French commerce with India, East Africa, and other territories of the Indian Ocean and the East Indies.
In constant competition with the already-established Dutch East India Co. , it mounted expensive expeditions that were often harassed by the Dutch. It also suffered in the French economic crash of 1720, and by 1740 the value of its trade with India was half that of the English East India Co. Its monopoly over French trade with India was ended in 1769, and it languished until its disappearance in the French Revolution .