Gupta Empire Important Facts: The founder of the Gupta dynasty was Sri Gupta. He was succeeded by Ghatokacha. These two were called Maharajas. Chandragupta I (320-330 A.D.): Chandragupta I was the first independent Gupta empire ruler & called himself ‘Maharajadhiraja‘ (the great king of kings). Married the Lichchavi Princess, Kumaradevi, which was politically very strategic