Literally, Agrawal means the "children of Agrasena" or the "people of Agroha", a city in ancient Kuru Panchala, near Hisar in Haryana region said to be founded by Agrasena.
Several large business organizations were founded by members of the Agarwal community — such as Bharti Airtel, ArcelorMittal, and The Times Group.
The Agrawal merchant Nattal Sahu, and the Agrawal poet Vibudh Shridhar lived during the reign of the Tomara King Anangapal of Yoginipur (now Mehrauli, near Delhi).
Vibudh Shridhar wrote Pasanahacariu in 1132 AD, which includes a historical account of Yoginipur (early Delhi near Mehrauli).