Parvathy was born to a Malayali family in Abu Dhabi, United Arab Emirates.She completed her secondary education at Our Own English High School, Abu Dhabi, and resumed her senior secondary education at St. Thomas Central School, Trivandrum, Kerala in India. She later obtained a Bachelor of Engineering in Computer Science at Manipal Institute of Technology, Manipal University. As a school student she had won a guinness certificate for being part of team that made the longest painting in the world She was an active member of theatre clubs in school and college and decided to pursue a career in acting. She stated, "I've always wanted to be an actor after being part of a short film we made in college". Parvathy started modelling and was crowned Miss Karnataka in 2009 and became the face of Mysore Sandal soap. She became the brand ambassador of many leading consumer brands across the country and walked the ramp at a number of fashion shows in and out of the country before being crowned Miss Navy Queen in 2010. After working in a commercial for director V. K. Prakash, Parvathy was offered the lead role in his feature film Beautiful. Having just completed her engineering, she said that she was not sure if she wanted to be in cinema and refused the offer. He later asked her to do a role in Poppins and by then, she felt she was ready.Although Poppins was her first release, Yakshi - Faithfully Yours was the first Malayalam film she signed. A fantasy romantic thriller, centred on the Nagayakshi concept, it saw Parvathy playing a traditional character in the past. She had four releases in 2013, three of them bring Malayalam films. She appeared in a de-glam role in the action anthology D Company, in the segment Gangs of Vadakkumnathan, and in Nee Ko Njaa Cha, which she called "an out-and-out new-age film", and featured her in a modern avatar.Nee Ko Njaa cha was super hit in box office. In director Shaleel's Dolls, she played a medical student.The fourth release was her debut Kannada film Story Kathe. After making her Tamil film debut with a cameo role in Nimirndhu Nil,She got a prime role in Kamal Haasan's Uttama Villain. She plays a 19 year old in the film and would be paired opposite Ashwin, who plays the son of Kamal Haasan's character. She has also signed up the Kannada film, Vasco-da-Gama .she bagged a lead character in Ajith Kumar's Yennai Arindhaal.The film, which marks the coming together of the actor and director Gautham Menon for the first time, In 2013, she was chief judge and host in the first modelling based Malayalam reality show Super Models on Amrita Television. Also in 2013, she appeared in a music video, "Ariyathe Ninayathe", by Vineeth Sreenivasan.She was included in the Bangalore Times Most Desirable Women of 2013.