The Danish East India Company was chartered in 1616 by King Christian IV of Denmark-Norway to conduct trade with India and East Asia, following the model of the earlier Dutch and English East India companies. In 1620 it established its principal Indian trading post at Tranquebar, on the Coromandel Coast, which remained a Danish possession for over two centuries and served as the base for the company's trade in textiles, spices and later tea. The original company struggled financially and was dissolved around 1650, but Danish Asian trade was revived under later chartered successors, most significantly the Asiatic Company founded in 1732, which built substantial trade with Canton and expanded Danish commercial interests in the region. Denmark eventually sold its remaining Indian trading settlements, including Tranquebar and Serampore, to the British East India Company in 1845, ending nearly two and a half centuries of Danish presence in the Indian trade.
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