Elon Musk removed him as Twitter CEO, two years later, IIT Bombay alumnus Parag Agrawal built a $2 billion AI startup

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Elon Musk removed him as Twitter CEO, two years later, IIT Bombay alumnus Parag Agrawal built a $2 billion AI startup

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July 9, 2026

IIT Bombay alumnus Parag Agrawal has built an AI startup valued at around $2 billion, two years after stepping down as Twitter CEO following Elon Musk’s acquisition of the company. Agrawal, who secured AIR 77 in JEE, studied Computer Science at IIT Bombay before earning a PhD from Stanford University. After leading Twitter as CEO, he founded Parallel Web Systems in 2023, focusing on AI infrastructure and large-scale computing technologies.

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