The college was founded with the noble idea of providing quality higher education to all the students of this rural and backward area by “The Adoni College and Educational Society” sponsored by The Rotary Club of Adoni in the year 1962.  It is the second oldest college in Kurnool District. The college, affiliated to Sri Venkateswara University, Tirupati, was inaugurated in a temporary building, by the then Vice Chancellor Sri S. Govindarajulu Naidu on 27th June, 1962.  The college started with P.U.C. and B.A. Degree courses. It began with the strength of 175 students. It has grown from strength to strength to become one of the premier prestigious institutions of higher education in Kurnool District.B.Com. and B.Sc. courses were started during the years 1964-65 and 1965-66 respectively. A new and spacious premises for the college was necessitated due to the increase in student strength. The farmers bringing their produce to the market yard came forward to contribute their mite and the merchant community of the market yard also agreed to join them with their contributions.0.5% of the daily gross revenue of the Market Yard was collected for the building construction fund through a system called “Laaga”.

In the year 1987-88, S.V. University P.G. Centre at Anantapur was upgraded to the status of University. It was named after the illustrious Vijayanagara Emperor Sri Krishnadevaraya.The affiliation of the college has been transferred to Sri Krishnadevaraya University, Anantapur.