Yashwant Deshmukh was born in 1963 in Akola, Maharashtra.

In 1988 he received his degree of Bachelor of Fine Arts from Sir J. J. School of Art, Mumbai.

He had several solo exhibitions:
In 1996 he had a solo exhibition at Gallery Jean Cocteau, Alliance Francaise de Bombay. In 1997 and 2003 he exhibited solo at Jehangir Art Gallery, Mumbai. In 2005 showcased solo at Viart Gallery, New Delhi. In 2006 and 2008 he exhibited solo at Bombay Art Gallery, Mumbai. In 2007 he had a two person show at Viart in New Delhi. In 2008 he had a solo show Regarding the Cone at Jehangir Art Gallery, Mumbai. In 2012 he showcased Monologue at Tao Art Gallery, Mumbai.

He participated in several group exhibitions: In 1994 he participated in Seven for Seven at Gallery 7, Hong Kong. In 1997 he took part in 50 Years of Art in Mumbai at NGMA, Mumbai. In 1998 and 2000 he took part in a group show at Sans Tache Art Gallery, Mumbai. In 2001 he showcased in a two person show at Gallery 7, Mumbai. In 2001 he took part in 43rd National Exhibition at Lalit Kala Academy, Bangalore and the 3rd Biennale at Bose Pacia Modern, New York. In 2003 he participated in Save The Children at Jehangir Art Gallery, Mumbai. In 2004 and 2005 he took part in group exhibitions, Ideas and Images and Present Image at NGMA, Mumbai. From 2004 - 2013 he participated in various group exhibitions in Mumbai, New Delhi, Bangalore, Bangkok, Tokyo and Singapore. In 2004 he participated in Bombay X 17 at Kashi Art Gallery, Cochin. In 2005 he took part in Bombay Art Gallery, Mumbai.

Yashwant lives and works in Mumbai.