Born in Mumbai to a Maharashtrian father and a Haryanvi mother, Bhumi has been brought up in the city of dreams and did her schooling from Arya Vidya Mandir in Juhu. She has a young sibling, Sameeksha, who is an aspiring lawyer. Having once confessed to her mother about her dreams of becoming an actress, Bhumi was enrolled in Subash Ghai`s acting school Whistling Woods, for a year. As an assistant casting director to Shanu Sharma, Bhumi has helped cast for films like Chak De! India, Rocket Singh: Salesman of The Year and Teen Patti.