IIT Bombay Alumnus Parag Agrawal Builds $2 Billion AI Startup After Twitter Exit. Former Twitter CEO and IIT Bombay alumnus Parag Agrawal has made a remarkable comeback by building an artificial intelligence startup valued at $2 billion. After being removed as Twitter CEO following Elon Musk’s acquisition of the company in 2022, Agrawal founded Parallel Web Systems in Silicon Valley. The startup develops AI infrastructure that enables intelligent AI agents to interact with the web more efficiently. In 2026, the company secured $100 million in Series B funding, pushing its valuation to $2 billion. Agrawal, who secured All India Rank 77 in the IIT-JEE, has transformed a career setback into entrepreneurial success. His journey highlights the growing opportunities in AI and serves as an inspiration for engineering students and aspiring technology entrepreneurs.
IIT Bombay Alumnus Parag Agrawal Builds $2 Billion AI Startup After Twitter Exit
