Bombay Lakshmi Rajagopalan is a leading Carnatic vocalist from Matunga and one among the popular Matunga sisters from Mumbai .

Lakshmi was born in Mumbai on 12 March 1959 at Matunga, Mumbai to T. V. Panchapakesan and Radha. 

Lakshmi started learning music at the age of 3 from her parents. After graduation in Commerce and C.A.I.I.B from  Mumbai University  , she did 5-year music course at Bharatiya Music & Fine Arts at Mumbai. Later she learnt from Smt T.R. Balamani. She started singing public at a younger age and at the age of 8 she received a prize from  M. S. Subbulakshmi.

She is an A Grade artist of All India Radio & Doordarshan Kendra and she performs regularly at popular concerts in Mumbai and Navi Mumbai. She has sung in Tamil, Telugu, Hindi, Malayalam, Kannada, Marathi and Sanskrit languages.

She has also performed at Brahmotsavam in Tirupati on October 2, 2008. Chembai Sangeeta Utsavam on Guruvayur Ekadasi Day, Thyagaraja Utsavam at Tirupati and Bharatiya Music & Fine Arts, Matunga .