The old temple dedicated to goddess Sharadamba (Saraswathi) is found at this place. The new temple is getting constructed beside the old temple and construction work is under progress. It is believed that the Sharada temple at Koodli is equally important and sacred when compared to the Sringeri Temple.
Devotees visit this temple to seek fulfillment of the following:-
Ya Devi Stuyate Nityam Vibhuhairvedaparagaih Same Vasatu Jihvagre Brahmarupa Saraswati
Meaning -May Goddess Saraswathi who is the Goddess of knowledge and is appreciated by the learned ones who have mastered the Shastras and who is the wife of the creator, reside on my tongue.
Shrii Saraswatii Namahstubhyam Varade Kaama Ruupini Twaam Aham Praarthane Devii Vidyaadaanam Cha Dehi Me
Meaning -I bend down unto you O Goddess, the one who grants all her devotees' wishes, to uplift me with knowledge.
Gnanananda Mayam Devam Nirmala Spatika Kruthim Aadharam Sarva Vidyanam Hayagrivam Upasmahe
Meaning -I commit myself to the embodiment of knowledge and bliss, the Goddess who is very pure and forms the basis of all learning.
Yaa Kundendu Tushaarahaara Dhavalaa Yaa Shubhra Vastraavritaa Yaa Veenaa Varadanda Manditakaraa Yaa Shveta Padmaasanaa Yaa Brahmaachyuta Shankara Prabhritibihi Devaih Sadaa Pujitaa Saa Maam Pattu Sarasvatee Bhagavatee Nihshesha Jaadjyaapahaa
Meaning -May the blessed Saraswathi, Goddess Bhagavati, who is the deity for learning and who removes our laziness, protect us. She who is like the jasmine flower, pure and white, who is like the full moon, who is dressed in a clean robe and holds the veena. She who sits on a white lotus and is revered by the holy trinity - Brahma, Vishnu and Shiva and other Gods.