The blessings of Lord Krishna and the benedictions of His Holiness 108 Goswami Shri. Mathureshwarji Maharajshri had inspired the families of Shri Jamuna Doss and Shri. Purushotam Doss renowned Philanthropists to establish an educational institution for higher education in Chennai. They together with the kind - hearted Maheswaris and Agarwals of Rajasthan and Gujarat founded Shri Vallabhacharya Vidya Sabha in the year 1963, with the sole purpose of imparting value based education for all and for the linguistic minorities in particular.
The founding of the College was in the year 1964. His Holiness 108 Goswami Shri Maharajshri Mathureshwarji laid the foundation stone for the building on 13th November 1963 at “Gokul Bagh”. In the year of its incep-tion, the College offered a degree course in Mathematics along with Pre-University Courses. The very next year degree courses in Physics and Economics were introduced.