She studied at the Nizam College of Osmania University in Hyderabad where she received a bachelor's degree and was awarded a gold medal in Mathematics as well as graduating at the top of her class.

[citation needed] Lakshmi worked at Intel in US for 12 years in the fields of finance, marketing, business development and strategy.

Together with Anu Sethuram, Lakshmi founded a firm, Ixoraa Media, in 2005 "to create a bridge of intellectual exchange between India and the US".

[4] The firm's next project was the Aamra Grove Conference, held in Napa Valley in 2007 and at Mohonk Mountain House, New York in 2008.

This conference emphasized culture and personal experience and "brought together 50 of the world's most influential Indian leaders through conversation that explored the Indo-US corridor and re-imagined India's international presence".

Talks by people like Devdutt Pattanaik and Sunitha Krishnan catapulted them from being local intellectuals to being global personalities.

[5] Nearly 1,000 attendees from 46 nations traveled to Mysore, India, for the conference, which featured speakers from a range of fields, as well as one hundred young TEDIndia Fellows.

[6] In December 2010, Lakshmi curated and hosted the first INK Conference in Lavasa, India around the theme of "Untold Stories".

This conference, held at the iconic Marina Bay Sands in Singapore with the theme of "Designing the Future", was created as a forum for business leaders, entrepreneurs and technologists to connect and collaborate with their counterparts.

Lakshmi was featured in the seventh anniversary issue of Vogue India in 2014, which was themed on women empowerment.