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Mehul Turakhia has over 15 years of work experience in finance and taxation. Mehul started their career as a Senior Consultant at Ernst & Young in 2004 and worked there until 2009. Mehul then joined Aditya Birla Financial Services as a Senior Manager in Taxation and worked until 2011. Following that, they worked as a Director of Finance at Directi from 2011 to 2012. Mehul then served as the Group Finance Head at Radix from 2012 until 2013. Mehul Turakhia then joined Titan as the Head of Finance in 2013 and later moved to Zeta as the Group Finance Head in 2015. Their roles have included financial management, taxation, and strategic finance planning.

Mehul Turakhia completed their Bachelor's degree in Law (LL.B.) with a specialization in Banking, Corporate, Finance, and Securities Law from the University of Mumbai from 2004 to 2007. Prior to that, they attended Narsee Monjee College, where they earned a Bachelor's degree in Commerce (B.Com.), although the specific dates are unknown. Additionally, Mehul attended St. Francis D'Assisi, the name of the institution suggests it may be a school, although the degree or field of study is not provided. Lastly, they obtained the title of Chartered Accountant from The Institute of Chartered Accountants of India, with no specific dates mentioned.