Vyasa is a central and revered figure in majority of Hindu traditions. He is also known as Badarayana and Veda Vyasa. He is accredited as the scribe of both the Vedas, and the supplementary texts such as the Puranas. A number of Vaishnava traditions regard him as an avatar of Vishnu. Vyasa is also considered to be one of the seven Chiranjivins or immortals, who are still in existence according to general Hindu belief.
Hindus hold that Vyasa categorized the primordial single Veda into four. Hence he was called Veda Vyasa or splitter of the Vedas, the splitting being a feat that allowed people to understand the divine knowledge of the Veda. The word vyasa means split, differentiate, or describe. Vyasa is known as the author of the epic Mahabharata.
|| Vyaasaaya Vishnu Roopaaya Vyaasa Roopaaya Vishnave
Namovai Brahma Nidhaye Vaasishthaya Namo Namah ||
Sage Parashara is the father of Badarayana. As he was born on a dweepa (island); he came to be known as Dwaipayana. As he was dark complexioned, he was known as Krishna Dwaipayana. He was also called Parasharya, and Satyavateya, son of Satyavathi. As he performed his penance, etc., at Badari, he is also known as Badarayana. There is another version about his getting the name Badarayana.
The Brahma Sutra is attributed to Badarayana — which makes him the proponent of the crest-jewel of the school of Hindu philosophy, i.e., Vedanta. As the island on which Vyasa was born is said to have been covered by Badara (Indian jujube) trees, he is known as Badarayana. Though traditionally, Vyasa is considered the Badarayana who wrote the Sutras, many historians think these were two different personalities.
Sage Veda Vyasa wrote all the Puranas (18 main and 18 upa puranas), Mahabharatha (Bhagavad-gita and Sri Vishnu Sahasranama stotra are part of Mahabharatha) and Brahma Sutras. He played an important role in Mahabharatha.
Sage Veda Vyasa is immortalized in many ways including in the present town of Basar (which is slang for Vyasapuri), near Nizamabad in Andhra Pradesh, where a temple for Goddess Saraswati was established by the sage. The temple of Saraswati at Basar is a major pilgrimage center especially for doing Aksharabhyasam (initiating ceremony into the process of learning the alphabet) for children.
Sri Shankara wrote his commentary to the Brahma Sutras, which were written by Vyasa. A few centuries later, the head of Sringeri Saarada Peetham, Sri Vidyaranya Bharathi started on a pilgrimage and reached Kashi, Sri Veda Vyasa, sent him to Badarikashrama where the great sage himself initiated him into Sri Vidya. Thus it is clear that Sage Veda Vyasa himself was a great exponent of Sri Vidya.