She found fame by starring and producing in the 2002 film Show. The film won the National Film Award for Best Feature Film in Telugu and National Film Award for Best Screenplay for that year. She owns a film production company called Indira Productions, named after her mother. She is the second daughter and third child of veteran actor Krishna and his first wife Indira Devi. Her elder brother Ramesh Babu was also a film producer and her younger brother Mahesh Babu is a popular Telugu actor. Manjula is married to producer and actor Sanjay Swarup. She is known to be good friends with her sister-in-law Namrata Shirodkar. Manjula is a meditator and has been pursuing meditation for 20 years. Manjula was initially set to make her acting debut in a film co-starring actor M. Nambiar's grandson Deepak, but the film did not progress. She began her career by doing a cameo as a terrorist in R.
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