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Parag Agarwal has a diverse work experience, starting in 2006 as a Commercial Controller at The Madras Aluminium Company. Parag then worked at Coca-Cola, where they held various roles, including Accounting Manager, Accounts Payable Centralisation Lead, and Planning Associate Manager. After Coca-Cola, Parag joined Carlsberg India as an Associate Manager for Financial Planning, Analysis, and MIS. Parag then became the Finance Controller and Treasurer at DSM India. Currently, Parag is the Head of Business Finance, FP&A, and Accounting at Manipal Health Enterprises Pvt. Ltd, where they are also responsible for finance digital transformation and automation.

Parag Agarwal attended The Institute of Chartered Accountants of India from 2002 to 2005, where they earned a degree in Chartered Accountancy with a field of study in Commerce. Parag later pursued an EDP in Transformational Leadership at XLRI Jamshedpur in 2023. Prior to that, from 2000 to 2003, they studied at Chaudhri Charan Singh University, Meerut, where they obtained a Bachelor's degree in Business/Commerce, General.