Madras (now Chennai) was founded

On 22nd August 1639 Madras (now Chennai) was founded by the East India Company who bought it as a piece of land from the local Nayak rulers. In ancient times, the city of Chennai was known as Madraspatnam and was located in Tondaimandalam, an area flanked by the Pennar River of Nellore and the Pennar river of Cuddalore on each side. This area had a history of rule by the Cholas, the Pallavas, the Pandiyas and the Vijaynagar Empire. This was followed by the arrival of European traders and the first to arrive in the area were the Portuguese in 1522 who built a port here called Sao Tome after St. Thomas, who is believe to have preached here between 52 to 70 AD.