Satavahana University has its roots in the erstwhile Post Graduate Centre of Osmania and Kakatiya Universities. In the months of June 2008, the Post Graduate centre has been upgraded as Satavahana University. The University is named after the SATAVAHANA dynasty that ruled this region.

Foundation for the establishment of the University was laid in July 2008 in 200 acres of main campus situated in the immediate neighborhood of Karimnagar Town on Malkapur Road. The sprawling University campus is a beautiful forest-like environment with idyllic surroundings. The University started functioning from the main campus from September 2012 and purposes to shift the entire PG Programmes into main campus by Jyly/August 2013 in a full-fledged manner. Construction of Classrooms and Girls Hostel is nearing completion.

The University offers many of its PG, UG and Professional Programmes through two of its Colleges called University College and University Post Graduate College, one situated in Karimnagar Town and the other at Godavarikani. Also, there are over 160 affiliated Government and Private Colleges spread far and wide over the entire Karimnagar District.

The University presently has nine faculties and offers all major courses of Science, Law, Commerce & Management, Oriental Languages, Arts and Social Sciences. The University Constituent Colleges are presently offering the Programmes such as M.A.(English, Telugu, Urdu, Economics and Sociology), M.Sc.(Botany, Chemistry, Computer Science and Food Science & Technology, Physics (Instrumentation), Mathematics), M.Com., M.B.A, M.C.A and B.Pharmacy.