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Lakshmi Prasad Mahankali has a strong background in information technology and digital transformation. Lakshmi Prasad currently holds the position of Vice President of Information Technology and Digital Transformation at Shahi Exports Pvt Ltd since February 2023. Prior to this, they served as the Head of EAG at Brandix Apparel India Private Limited from April 2022 to January 2023. From November 2013 to March 2022, they were the Head of MIS and IT at Seeds Intimate Apparel India Pvt Ltd. Before that, they held the position of Head of IT at Kivar Environ Pvt Ltd from November 2010 to November 2013. Additionally, they worked at Raymond Ltd as a Project Manager - SAP WMS from August 2010 to October 2010 and as a Senior Manager of IT from January 2004 to October 2010. Prior to this, they served as the IT Manager at Ashton Apparel EPZ (Atraco Group) from 2000 to 2003 and at Texport Industries Pvt. Ltd. from 1996 to 2000.

Lakshmi Prasad Mahankali's education history begins with their enrollment in Sheshadripuram High School; however, the specific years of attendance are undisclosed. Following this, they pursued higher education at Bangalore University from 1991 to 1994, although the degree name and field of study remain unspecified. Later, in 2008, they attended ICFAI Business School where they completed an Executive MBA program focusing on Business Administration and Management, General, concluding in 2010.