Multiple choice The East India Company was founded in India during the reign of Jahangir Akbar Shah Jahan Aurangzeb Reveal answer Fill a bubble to check yourself B Correct answer Explanation The East India Company was founded in 1600 during the reign of Mughal Emperor Akbar (1556-1605). The Company received its royal charter from Queen Elizabeth I of England on December 31, 1600, establishing its trading presence in India.