The British East India Company was one of the richest companies in human history. So why did it not end up using its riches to rebel against Great Britain and become a fully independent state during the 19th century?

by Bookwu
mikedash

There is always more to say, but I answered a version of this question here a while ago. You might like to review that thread while you wait for fresh responses to your query.

Why didn't the East India Company rebel and rule India independently of Britain?