Shloka is the daughter of Arun Russell Mehta, MD of Rosy Blue, a $2 billion diamond cutting, polishing and trading company, whose own net worth is around Rs 3,000 crore. Mehta is the former Vice Chairperson of the Gems & Jewellery Export Promotion Council (GJEPC) and currently serves as the member of the Diamond Panel of the Committee of Administration of the GJEPC.
Rosy Blue, which has so far produced 236,000 carats of polished diamonds, also owns the Orra jewellery brand and was one of the companies named in the Panama Papers for having several offshore accounts.