It was established in 1935 and was named after the head of the former princely state Vantamuri, Raja Lakhamagouda Saradesai in 1941 who had donated ₹20,000 to the institute.
[1] Initially, the institute was a part of Lingaraj Arts college, Belagavi.
It started as a science wing in Lingaraj Arts college, and was separated in 1958.
In 1944, the noble laureate Sir C. V. Raman inaugurated the degree course in science in the institute.
This article about a university or college in Karnataka, India is a stub.