When was the British East India Company formed?
East India Company
{'answer_start': array([447]), 'answer_text': array(['10 April 1591'], dtype=object)}
Soon after the defeat of the Spanish Armada in 1588, the captured Spanish and Portuguese ships with their cargoes enabled English voyagers to potentially travel the globe in search of riches.[12] London merchants presented a petition to Queen Elizabeth I for permission to sail to the Indian Ocean.[13] The aim was to deliver a decisive blow to the Spanish and Portuguese monopoly of Far Eastern Trade.[14] Elizabeth granted her permission and on 10 April 1591 James Lancaster in the Bonaventure with two other ships sailed from Torbay around the Cape of Good Hope to the Arabian Sea on one of the earliest English overseas Indian expeditions. Having sailed around Cape Comorin to the Malay Peninsula, they preyed on Spanish and Portuguese ships there before returning to England in 1594.[13]