Some historical studies suggest that the University of Nalanda was established during the reign of a king called akrditya, of the Gupta Dynasty. Both Xuanzang and Prajavarman cite him as the founder, as does a seal discovered at the site!!
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The Nalanda University attracted large number of Buddhist students from different parts of the world. The University of Nalanda was founded in the 5th century by the Gupta rulers. There were thousands of students and teachers. The main courses which were taught there were the Buddhist scriptures (both Mahayana and Hinayana), Vedas, Logic, Shabda Vidya (grammar), Chikitsa vidya (medicine) etc.