After finishing his higher education and working in England, Rama Varma returned to India in 1972 and, at his uncles' advise, joined the spice trading company Aspinwall Ltd in Mangalore. Rama Varma served as a consultant and in various executive positions like, Additional Director (2004–2005), Director of Planning (2005–2007), Executive Director Aspinwall & Co Travancore Ltd (since 2005), Member of Aspinwall Promoter Group (since 2005), managing director of Aspinwall and Co Ltd in Mangalore (since 2008). In 2002 he married
Ammachi Panapillai Amma Srimathi Girija Thankachi of Vazhuthacadu, alias Dr. Girija Rama Varma, former
radiologist based in London. After their 2002 wedding the couple lived in
Mangalore until 2013. After Rama Varma assumed the Titular Maharajah's position (due to his maternal uncle's death), they moved to
Kowdiar, Thiruvananthapuram. He is
childless. According to the matrilineal rules of descent in the family, the next in line of succession would be his cousin:
Revathi Thirunal Balagopal Varma, the son of Uthram Thirunal Lalithamba Bayi (daughter of HH Maharani Pooradam Thirunal
Sethu Lakshmi Bayi of Travancore) and her husband Sri Kerala Varma of Kilimanoor from the Bangalore branch and Prince Ravi, Prince Raghu and Prince Aditya from Travancore branch. Currently, the title of Attingal Rani / Attingal Mootha Thampuran / Maharani of Travancore is held by Bharani Thirunal Rukmini Bayi
Rukmini Varma, the sister of
Revathi Thirunal Balagopal Varma. == Titular Maharajah of Travancore ==