Madhav Rao I was a prominent ruler of the Maratha Empire in India, serving as the Peshwa from 1761 to 1772. He is known for his effective administration and efforts to restore the empire's power after the devastating defeat at the Third Battle of Panipat. His leadership helped stabilize the region and improve the financial condition of the empire. Under Madhav Rao I's rule, the Maratha Empire saw significant reforms in governance and military organization. He focused on strengthening the central authority and reducing the influence of regional chieftains. His policies laid the groundwork for the future expansion and consolidation of the empire.