Bhagat was born in Nashik, Maharashtra (Nashik Road) in a traditional family.
She studied at Fravashi Academy, Nasik, and completed her graduation in BMS (Bachelor of Management Studies) from Alkesh Dinesh Mody Institute of Finance and Management Studies.
The college is located inside Mumbai University campus, Kalina, Santacruz.
Like the other beauty contest winners, she too entered the modeling industry, followed by Bollywood. The Train: Some Lines Should Never Be Crossed was her first Hindi film, co-starring Emraan Hashmi and Geeta Basra.
The movie was released on 8 July 2007. She also appeared as a journalist from Singapore, who pretends to interview Indian cricketer Rahul Dravid on the show Mtv Bakra. In 2009, she was seen in the Hindi movie named, Paying Guests, opposite Javed Jaffrey.