Both Saraswathi (SVT) was formed by Sri NV Subramaniam in 1979 and 1987 respectively. Both these organizations have pioneered several concerts and features to bring out the diverse facets of carnatic music system by featuring several yesteryear stalwarts and present generation artists.

Saraswathi had its inception as early as 1979 when there was a dearth of platforms for Carnatic music. The purpose of Saraswathi has been to bring out the diverse facets of carnatic system of music as also providing much needed platforms for both established and aspiring artistes to exhibit their talents. The organization has featured most yesteryear stalwarts and present day artistes to effectively project the beauty of carnatic music.

Saraswathi Vaggeyakara Trust was formed in 1987 with the idea of providing pointed attention on the important contributions of eminent composers (Vaggeyakaras) and compositions. Besides featuring thematic events and Jayanthi series of composers, Saraswathi and the Trust released dedicated souvenirs every year (until 1991) focusing on the works and contribution of composers. The souvenirs which are available in Music Libraries serve as valuable reference material for music students and performers even today.

In coordination with other established organizations, Saraswathi and Saraswathi Vaggeyakara Trust have pioneered several non-profitable ventures that are free to public, and serve as useful resources for aspiring and performing musicians. The programs have always been welcomed by the rasikas, and widely acclaimed by the carnatic music fraternity and media.