Agrawal was born in Mumbai, India. She became a Chartered Accountant of India at the age of 21. She did her schooling from Chatrabhuj Narsee Monjee School and graduated from N.M. College of Commerce and Economics with a degree in Economics and Commerce.

Born into a family where her parents, Pradeep Agrawal and Kalpana - both of whom miles away from the glamour world, Agrawal faced the cameras from a very young age. She made her debut in the 2012 film Love Recipe, where she essayed the role of Tia Singh, the female lead in the movie.

According to Agrawal, her entry into the world of cinema and television was a dream that she nurtured since her childhood. She worked on her first television serial Hasratein (aired on Zee TV), when she was just a toddler. She was a key part of the 1996 critically acclaimed Marathi movie Suna Yeti Ghara. She has worked with the legendary Asha Parekh in the hit TV show Rishtey (TV series). She is also known for her role in Ghar Ki Lakshmi Betiyann, a television soap on Indian television. She then went on to do various print and TV commercials - most famous being the Brooke Bond advertisement with Shoojit Sircar.

Eventually, she moved to film industry. At the start of her career in film industry, Agrawal said that "Acting and the entire process of film-making is something that comes naturally to me and I will toil hard to make this place my own." Thus began Agrawal's journey at the Box Office, with her first movie Love Recipe paired alongside Suhail Karim and directed by Amol Shetge opening to mixed reviews.

In 2015, she appeared in "Chhu ke dil", a music video of Padma Shri Dr. Soma Ghosh, who is a well-known vocalist.

Agrawal has been actively involved with multi-national charitable institutions like Leonard Cheshire Disability and Rotaract since her primitive years. At an educational fair, Agrawal emphasized on the need for an adequate infrastructure and dissemination of quality education for everyone.

• Agrawal's interview for Bollywood Hungama
• Agrawal's interview for Bollywood Bling
• Agrawal's interview at Love Recipe's music launch
• Agrawal's interview reveals her Love Recipe
• Rani Agrawal, Suhail Karim at Love Recipe music launch
• Agrawal's appearance at Love Recipe music launch makes headlines in Bombay Times (Times of India Group) ^[8]
• Agrawal's appearance at Love Recipe music launch published by Glamsham magazine ^[9]
• Agrawal at IMDb ^[10]
• Love Recipe on IMDb ^[11]
• Agrawal on technology and gadgets ^[12]