In the year 1949 a temperance hall was constructed and donated by Raj Dharam Karan Bahadur for propagating and changing the temperance habits of local people like drinking with superstitious beliefs and fostering adult education during night for children and working adults. Later in 1960 the same was registered with Registrar of Societies vide registration no.20/1960 by then Late Pandit Gunde Rao Harkare, Gyan Peet Awardee, as Saraswatha Acedemy providing lectures and seminars on cultural and social topics. In the year 1968, the Executive body of Saraswatha Academy formed a primary school with English Medium for the benefit of children from lower and middle-income groups by construction of tin sheds. With the help of few philanthropists and support of Mitta Foundation a full-fledged high school with 18 class rooms with infrastructure was established. Thus, Saraswatha Academy High School was established in the year 2001 with 400 students from lower- and middle-class family.
Mitta Foundation not only helped in building infrastructure, demolished the old dilapated wash rooms and built new modern wash rooms separately for boys and girls with 19 lakhs funding in the year 2019, supported financially with gap funding to run the school. During covid pandemic in the year 2020 Mitta Foundation has distributed the Tabs to children for online teaching by the school. In the year 2022 Mitta Foundation has taken up repairs and rehabilitation of school with a funding of 12 lakhs and in the year 2023 Mitta Foundation with the support of Ikshana Foundation has established free breakfast to the students with a funding of 4 lakhs per annum. In the year 2024 repainting the school buildings was taken up with a funding of 6 lakhs and modernized the sports facility.