Payal attended the St Teresa's Convent High School in Santacruz, Mumbai and completed her B.Com from Narsee Monjee College of Commerce and Economics.
After that, she completed her Post Graduation Diploma in Advertising and Communications from Narsee Monjee Institute of Management Studies (NMIMS) in Juhu Vile Parle Mumbai.
[5] She met her life partner, Rahul Karwa, at NMIMS and after their marriage in 2005, they continue living in Mumbai with their twin girls Adweta and Aarna.
[5] After completing her Post Graduation, Payal worked in the field of brand communication in Midas Events, Ogilvy & Mather, Hanmer MS&L and Out of Home Media India Pvt Ltd.
The book was published by Hay House Marketing and launched in April 2013 by celebrity actress Tara Sharma Saluja, and artist Brinda Miller.