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Rachana was born on 1 April 1983 in Thrissur City to Narayanankutty and Narayani. She is the youngest and has a brother. Rachana completed her schooling from G. G. H. S. Wadakanchery in 1998, and she completed her graduation from Sri Vyasa NSS College, Wadakanchery. She was a Communicative English teacher in Devamatha, CBSE School situated in Thrissur district. She took dance classes before she was cast into the television series.

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