Madhavan was born in Jamshedpur, India, to a senior management executive with Tata Steel, Ranganathan and a manager with the Bank of India, Saroja. Devika Ranganathan, Madhavan's sister, is a software engineer settled in London, United Kingdom. 1988, Madhavan was chosen to represent India as its cultural ambassador from his college to Canada after his graduation. At 22, he was awarded the Maharashtra Best Cadet, allowing him to make a trip with three others as NCC Cadets to England. Because of this honour, he received training with the Royal Army, the Navy and the Air Force, which he previously planned to join. However he was rejected from the opportunity, as he missed the age cut-off by six months. After he lost out on the place, he began taking courses in public speaking which eventually helped him venture into the film industry. He won the Indian Championship for Public Speaking and was subsequently selected to represent India at the Young Businessmen Conference in Tokyo, Japan in 1992.
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