Bansal was born in Chandigarh, India, on August 5, 1981. His father is a business man and mother is a homemaker. Bansal attended Indian Institute of Technology Delhi and graduated as a Computer Science engineer in 2005. During the course of his education, Bansal had considered giving up his engineering seat to pursue a career in gaming. Age of Empires and Quake III Arena are the games that he was playing in his early life. After graduation, Bansal worked at Techspan for a few months and later in 2006 he joined Amazon Web Services as a Senior Software Engineer. In 2007, Bansal quit Amazon to start his own venture.