Bramhatantra Swatantra Parakala Matha, commonly known as Parakala Matha, is a Hindu Sri Vaishnava monastery founded during the Hoysala Empire in 1268 at Mysore, Karnataka, primarily worshipping Vishnu and Lakshmi as Hayagriva and Vageesha.

[1] It is the first mediaeval era monastery of the Vadakalai denomination within Vaishnavism in the Hindu society and is the gurupeeta, the seat of the royal guru, of the maharajas of Mysore.

[2] Originally founded in Mysore where its headquarters has been based, the matha has branches across southern India and as well as one abroad.

Parakala Matha was first founded by Brahmatantra Swatantra Jeeyar, a disciple of Swami Vedanta Desika, during the reign of the Hoysala emperor Narasimha III.

The head of the matha is also the hereditary raja guru of the Mysore Royal Family.