Koyal Rana was crowned the winner of Femina Miss India on 5 April 2014. She completed her schooling at St. Thomas' School (New Delhi). She did her undergraduate programme in Bachelor of Business Studies from Deen Dayal Upadhyaya College, University of Delhi. In 2014, she graduated with distinction as a business student at the University of Delhi, from Deen Dayal Upadhyaya College.
Koyal Rana was crowned the 51st Femina Miss India Femina Miss India World 2014, on 5 April 2014, at a ceremony in Mumbai. Before entering Miss India, she participated in Femina Miss India Delhi 2014 pageant and was declared the winner and got a direct entry into the Miss India 2014 pageant.