In 1993, she played two personalities of Anju Nambiar and Manju Nambiar in the Malayalam romantic comedy film, 'Butterflies' and she played the role of Vidya P. In 1992, she played the lead role of Meera, a college girl who was about to have a baby, in the Tamil romance film, 'Meera'.

In the year 1991, she played as Rani in 'Mamagaru' and in the same year, she also acted in 'Thaiyalkaran'. She has also acted in the Telugu films, Prema Jhindabad, and Seetapathi Chalo Tirupati. Her first film 'Oliyampukal' was released in 1990. She debuted in the film, Nyaayangal Jeykattum directed by her mother and step father, Sivachandran. Apart from her career, she is also involved in a computer business. Aishwarya is also the maternal granddaughter of Indian film producer and director, Yaragudipati Varada Rao or Y. However, they have been blessed with a daughter named Anaina.

She was married to Tanveer but eventually, they got divorced. Aishwarya has a step sister at her mother's side. She is the daughter of the famous Indian personalities, Lakshmi, and K Bhaskaran. She was born in the year 1971 in Chennai, Tamil Nadu, India. Aishwarya Bhaskaran or Shanta Meena Bhaskar in real life is a South Indian actress who has performed in Tamil, Telugu and Malayalam films.

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