Deepshikha Deshmukh (née Bhagnani; born 29 October 1983) is an Indian film producer who works in the Hindi cinema industry.

She has worked as a producer on several Bollywood movies, including the 2020 release Jawaani Jaaneman and the remake of 1995's Coolie No.

[11] In 2020, she produced the film Jawaani Jaaneman, starring Saif Ali Khan, Tabu, and Alaya F in the lead.

[13] Deshmukh's next film as a producer was a spy thriller called “BellBottom” starring Akshay Kumar as the lead alongside Vaani Kapoor, Lara Dutta, and Huma Qureshi, released in 2021.

She is married to Dhiraj Vilasrao Deshmukh, MLA from Latur Rural constituency, Maharashtra and has two children.