Srivatsa (or Shrivatsa) is a gotra of the Bhargava family, closely related to the Vatsa and Jamadagni lines. The name combines shri (auspicious, radiant) with vatsa (beloved child) and is also the name of the famous auspicious mark on Vishnu’s chest, said to have been left by the foot of Bhrigu. In gotra lists the Srivatsa pravara typically runs Bhargava–Chyavana–Apnavana–Aurva–Srivatsa.
Families of the Srivatsa gotra therefore share the broader Bhargava heritage of ritual expertise and connection to the Bhrigu lineage while carrying a name that also evokes one of the most sacred symbols of Vaishnava tradition. The gotra is found among Brahmins in several regions of India.
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From Sanskrit "shri" (auspicious) and "vatsa" (beloved) - also the name of an auspicious mark traditionally associated with Vishnu.
No. Gotra and surname are separate systems. Families with many different surnames, across many regions and communities, can share the same gotra, and families with the same surname can belong to different gotras.
Many communities traditionally avoid marriage between people of the same gotra, based on the idea that they share a common patrilineal ancestor. Exact customs vary widely by community and region.