David Sassoon & Co.
Established 1832 in Bombay (today Mumbai) by David Sassoon, a Baghdadi Jewish businessman in Bombay. The company specialised in trading Indian cotton yarn and opium from Bombay to Canton (China). It had branches at Calcutta, Shanghai, Canton, and Hongkong and its business extended as far as Yokohama, Nagasaki and other cities in Japan. In 1875 the company built the Sassoon Docks, the first commercial wet docks in Mumbai which helped establishing cotton trade. Later on the business expanded to act as Hong Kong agents for the Apcar Line, a company which operated steamers plying between Calcutta–Hong Kong and Japan–Shanghai. The firm also acquired property in Hong Kong.