During Satya Yuga, Rishis, devas and people were tortured, anguished by the asura Hiranyakashipu as vengeance for Hiranyaksha's death at the hands of Lord Vishnu in the form of Varaha Avatar. Devas and Rishis then approached Brahma and Shiva for a solution. In response, Brahma, Shiva, all devas, Saptha Rishis decided to meet at a place to discuss the issue. Finally, all chose Thirukotiyur as the place for meeting. They came together as a group and so the name Thirukoshtiyur, koshti means in group or as a team.