Agerwal was born in Hyderabad and brought up in Bangalore. Born into a Hindi-speaking Marwari family, she can understand as well as speak Telugu, Tamil and Kannada. Her schooling was at Vidyashilp Academy and Vidya Niketan School. She holds a graduation in Business Management from Christ University, Bengaluru. She is well trained in ballet, kathak and belly dance. In 2016, director Sabbir Khan confirmed that Agarwal was signed as the lead in his film Munna Michael.
