Parekh was born in 1939 in Ahmedabad, in the Indian state of Gujarat,
and graduated in Arts from the Sir Jamsetjee Jeejebhoy School of Art, Mumbai in 1962,
where he had the opportunity to train under Mukund Shroff. Later he also had a short stint at the National School of Drama.
Starting his career in the theatre, he worked as an actor and stage designer for one year and joined Weavers’ Service Centre,
Mumbai of Pupul Jayakar as art designer in 1963 where he stayed for two years. He shifted his base to Kolkata in 1965 and, in 1974, moved to New Delhi,
joining Handicrafts and Handlooms Export Corporation of India as a Design Consultant. He left the corporation later to pursue his career as a freelance artist.