Bedi completed his studies in Delhi. He went to Kendriya Vidyalaya in Andrewsganj, Delhi. His father Madan Gopal Bedi used to work with Indian Airlines. While Bedi was in school, he used to participate in Mono Acting competitions. Bedi has also worked with the New Delhi theatre group Pierrot's Troupe and studied acting at the Film and Television Institute of India, Pune.[2]
Rakesh Bedi is married to Aradhana Bedi; and is father to Ridhima Bedi and Ritika Bedi.[3]
He hosted Science with BrainCafé, a science show on ZeeQ, and continues doing theatre in Mumbai.[2] Notably, he played 24 different characters in Vijay Tendulkar's popular one-man play Massage.[6] In 2012, he appeared on his first television drama daily soap, Shubh Vivah.[7] Since 2015, he appears on television show Bhabi Ji Ghar Par Hai!.[8]