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Amit Bansal
Amit Bansal

Amit Bansal

Founder and CEO

PurpleLeap

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Amit Bansal is a member of:

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Mission For The Next Quarter
Role and profile mentioned in the previous answer.
We are targeting to add 25,000 students across different programs in the next quarter. We are also looking at launching a specialized program on fundamentals for Civil engineering students as well in the coming quarter.


Challenges Faced
Challenges are essentially an opportunity to improve the system. When something is not falling in place as expected, there is a problem that needs to be addressed. The improvement can be in the area of product or offering, people or related to process.
Addressing risk- I assume that you are referring to risk related to a new initiative. One needs to make all possible measures to ensure that the initiative gets customer acceptance. However, one needs to be tolerant to a certain percentage of failure when trying out new initiatives



Companies That I Admire Globally
Apple for sheer innovation
GE for their process orientation
Google for providing the best work environment



Most Critical Decision
The first step is taking the plunge and thereafter it’s a series of important decisions. However, if one has to single out one of them, it would be to give up the controlling stake in the company.
The Current Entrepreneurship Eco System
It is still quite nascent but evolving quickly. Ten years ago, it was difficult to even connect to funds who would be willing to fund early stage ventures. Now, the information and access is much better. However, the number of new ventures is still a small percentage. A lot also has to do with the fact that there are limited exit options in India as the acquisition of small companies in India is still at early stages.
My Role Model
I don’t have a single person who I lean to for direction but a set of people whom I consult when I need inputs. Again, there is no single role model and I admire different people for different qualities.
Leadership Qualities
Ability to involve employees in the vision of the company.
Advice for Fellow Entrepreneurs
Entrepreneurship is a more difficult option when compared to a job. However, it is a very rewarding experience. India is going to a fast growing significant economy and will offer lot of opportunities for new ventures.  As long as your venture is solving a problem and adding value, you will succeed!
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