Lord Buddha visited Vaishali frequently and at Kolhua, close by, preached his last sermon. To commemorate the event, Emperor Ashoka, in the third century B.C. erected one of his famous lion pillars here. A hundred years after the Mahaparinirvana of the Buddha - Vaishali hosted the second great Buddhist council. Two stupas were erected to commemorate this event. Jainism, too, has its origins in Vaishali, for in 527 B.C., Lord Mahavir was born on the outskirts of the city, and lived in Vaishali till he was 22. Vaishali is then twice blessed and remains an important pilgrim center for both Buddhists and Jains, attracting also historians foraging for the past.

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