IIIT Raichur was established by the Ministry of Education, Government of India, in 2019 under Public-Private Partnership (PPP) Model.

[2] The State Government of Karnataka has handed over a land of 74 Acres for the construction of a Permanent Campus at Raichur.

The institute has invited a tender for the Appointment of an Architect for a Comprehensive Architectural Design Package for the Development of a Master Plan, Academic Block, Administrative Block, Faculty & Staff Housing, Student Hostels, Sports Facilities, and Related Infrastructure for IIIT Raichur.

[4] Originally started in 2019, the current intake of B.Tech (Computer Science and Engineering) program is 80 students.

Starting Aug 2023, the institute is offering another B.Tech program in Artificial Intelligence & Data Science with an intake of 60 students.