Mamata is married to Chandrodoy Ghosh, and runs 'Udayan - Mamta Shankar Dance Company' (founded in 1986, and which travels extensively throughout the world), with the 'Mamata Shankar Ballet Troupe'. The troupe was founded in 1978, and performed its first production, based on a Rabindranath Tagore work, Chandalika, in 1979., it was followed by Horikhela, Aajker Ekalabya, Milap, Shikaar, Mother Earth, and Amritasyaputra.
^Dialogues in dance discourse: creating dance in Asia Pacific, by Mohd. Anis Md. Nor, World Dance Alliance, Universiti Malaya. Pusat Kebudayaan. Published by Cultural Centre, University of Malaya, 2007. ISBN 983-2085-85-3. Page 63.