Rishi was born and brought up in Pune. Being a Commerce graduate, he had a keen interest in theater/drama. He participated in numerous inter-collegiate competitions like Purushottam Karandak, Symbiosis Karandak, Firodiya Karandak. After completing the graduation, Rishi along with his friends started a new venture for experimental theater called 'Aajkal' to promote theatrical activities. Aajkal's productions like 'Sorry Paranjape', 'Itihaas Gawaah Hai', 'Gangadhar Hi Shaktiman Hai' were well received by the audience. Rishi's first commercial play, 'Dada Ek Good News Ahe' gathered so much attention. Recently he has acted in Marathi web series 'Petpuran' released on Sonyliv.