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Updated live from Wikipedia, last check: May 18, 2013 22:28 UTC (39 seconds ago)

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Jagat Seth was a rich businessman from Murshidabad during the rule of Nawab Siraj-ud-Daula. He came from a rich JainMarwari business family in Murshidabad.[1] His spiritual guru was Jain Acharya Sri BhratruChandra Suri.

He, along with maharaja Krishna Nath and Mir Jafar are said to have been instrumental in a successful conspiracy against the Nawab due to which the Nawab lost the battle of Plassey. The British thus established the first colony in India. [2]

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