 It is notable as the birthplace of Balaji Vishwanath, the first Peshwa (1713–1720) who was the Deshmukh of the town, where there is now a monument to him.In 1713, Shriwardhan was one of the sixteen fortified places in the Konkan ceded by Balaji Vishwanath Peshwa to Kanhoji Angre of Kolaba.Balaji was the first Peshwa of Maratha Empire appointed by Chhatrapati Shahu, grandson of Chhatrapati Shivaji

Shrivardhan is located in Raigad District of State of Maharashtra.