Kishinchand Chellaram College was established in 1954 under the aegis of the Hyderabad (Sind) National Collegiate Board. It was the second institution that the Management set up in Mumbai after it relocated itself in the city, following the aftermath of Partition. The onus of the task was taken up by late founders, principal K.M Kundnani and barrister HotChand Advani, who helped set up K.C. College as well as several other educational institutions. Kundnani and Advani were the pillars of that board.