According to this inscription, the statue was carved in 139 BC on the occasion of a conquest for Seleucid Greeks (under Demetrius II Nicator) against the Parthians (under Mithridates I of Parthia), though the Seleucids were later defeated and driven from the region.
However, in the aftermath of Alexander's conflicts in North-Western India, an Indian version of this classical Greek deity was identified by Megasthenes who travelled to India as the ambassador of the Seleucids during the reign of Chandragupta Maurya of the Maurya Dynasty.