The Nanadesis were a guild of traders who organized themselves into one of the biggest of the trading associations at the time of the

Hoysala Empire The Hoysala Empire was a Kannadiga power originating from the Indian subcontinent that ruled most of what is now Karnataka between the 10th and the 14th centuries. The capital of the Hoysalas was initially located at Belur, but was later moved ...

. They developed significant trade contact with many areas, including foreign countries such as Malaya,

Magadha Magadha was a region and one of the sixteen sa, script=Latn, Mahajanapadas, label=none, lit=Great Kingdoms of the Second Urbanization (600–200 BCE) in what is now south Bihar (before expansion) at the eastern Ganges Plain. Magadha was rul ...

Kosala The Kingdom of Kosala (Sanskrit: ) was an ancient Indian kingdom with a rich culture, corresponding to the area within the region of Awadh in present-day Uttar Pradesh to Western Odisha. It emerged as a small state during the late Vedic peri ...

Nepal Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne, सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in South Asia. It is ma ...

, and

Persia Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...

. They were respected in their communities and were generous in their grants to temples and

matha A ''matha'' (; sa, मठ, ), also written as ''math'', ''muth'', ''mutth'', ''mutt'', or ''mut'', is a Sanskrit word that means 'institute or college', and it also refers to a monastery in Hinduism.

s. The term ''Nanadesi'' means "traders from other kingdoms" while ''nagaram'' was used for local merchants. It was also a famous guild in 8th Century Sastri (1955), p299-300

Notes

References

* Nilakanta Sastri, K.A. (1955). A History of South India, OUP, New Delhi (Reprinted 2002) . Chalukya dynasty Economic history of India {{india-stub