The Siddhivinayak temple located in Siddhatek is considered to be the second among the Ashtavinayaka. Bhagwan Ganesha is worshiped in his most prominent form with his wives Riddhi and Siddhi. The temple was built under Ahilyabai Holkar, the great queen of the Peshwa Empire.

According to mythological beliefs, when Brahma was engrossed in the task of creating the universe, two demons, Madhu and Kaitabh, born from the ear of Bhagwan Vishnu, stole the Vedas to obstruct this task. Then Brahmaji came to the shelter of Lord Shri Hari. Vishnu Dev fought the battle that lasted for about five thousand years and finally Bhagwan Vishnu killed Madhu-Kaitabha and freed the Vedas from them.

At the time of killing Madhu-Kaitabha, Sri Hari had established Siddhivinayak at this place to pray for the blessing of success and victory from Bhagwan Ganesha.

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