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Deulgaon Raja is a city and a municipal council in Buldana district in the state of Maharashtra, India. Shri Balaji Temple, situated in Deulgaon Raja, Tehasil in Buldhana district is dedicated to Shri Lakshmi Vyankatesha. Shri Balaji from Deulgaon Raja is considered the incarnation of the Tirupati Balaji from the State of Andhra Pradesh. The idol of Shri Vyankatesha along with goddess Lakshmi in the temple is as small as a forefinger and is made of five precious metals. Shri. Rao Jagdeorao, the great-grandson of Raja Lakhujirao Jadhao, the founder of the ‘Sindkhedkar Jadhao’ dynasty and the father of Rashtramata Jijau, founded the ‘Balaji Maharaj Sansthan’ in 1692 in Deulgaon Raja. The ‘Balaji Sansthan’ is a symbol of secularity and has always been active in social services by participating in various religious and social activities. Shri Balaji Sansthan started Shri Vyankatesh Arts and Commerce College in Deulgaon Raja in the year 1967.
India got freedom in 1947; the period of 1967 had equaled the Medieval Period in terms of higher education (so far as Deulgaon Raja is concerned). The then trustee of ‘Shri Balaji Sansthan’, Late Raja Rajendrasing Jadhao, realized the importance of higher education, particularly the education of the downtrodden and the people living in rural areas for the development of the state as well as the country. Taking into consideration the acute need of higher education in this area, he started the college to avail the facility of higher education to the people in the periphery of Deulgaon Raja. Presently, Hon. Raja Vijaysing Mansingrao Jadhao is the hereditary trustee of the Sansthan and under his able and valuable guidance; the College is making remarkable progress.