Rajshree Shantaram is the daughter of noted V. Shantaram, who passed away in October 1990. She is the daughter of actress, Jayashree, who passed away recently on October, 19, 2004. Jayashree was the second wife of V. Shantaram. Rajshree's brother, Kiran Shantaram, was the former Sheriff of Bombay, Maharashtra, India.