Raj (Ram Charan) hails from a slum and is known for winning bets. Raj is in urgent need of money for the surgery of his adopted father. James (Ajmal), his betting enemy, promises to pay the amount if Raj woos and wins over Chaitra (Tamannaah), the daughter of a billionaire. The plot of Racha is all about how Raj makes Chaitra fall for him and the troubles that follow.