Abhinav Asthana Statistics Manager Pune, Maharashtra, India View Ankit Sobti Founder and CTO San Francisco, California, United States View 5+ gmail.com postman.com getpostman.com hotmail.com yahoo.co.in icloud.com pgp.isb.edu directi.com fnunnn.com 5+ 415-318-XXXX +91 97173 7XXXX +91 99878 8XXXX +91 95352 4XXXX +91 98916 6XXXX +91 88976 9XXXX Dealing with Application Programming Interface (API) has become much simpler with Postman, a complete toolchain for API development. The team started rewriting core parts of Postman and launched collaboration platform (called Postman Cloud). Related read -How a marketing and sales person ended up as a digital czarAshish Guptas story. For most entrepreneurs and startups, fundraising can be a real pain. Are global firms taking Indian regulators for a ride? If youre a developer, then the word Postman rings an altogether different bell in your mind. He said: The process of building is very iterative; we make a tonne of mistakes and our mistakes are open for everybody to see. CEO and Founder, Postman (@getpostman) . Co-founder. Formally, the startup was started in late 2014 and in under six years, managed to break into the exclusive league of unicorns (startups with billion-dollar valuations). Postman cofounders Abhijit Kane, Abhinav Asthana and Ankit Sobti (L-R). Includes DocuBay and TimesPrime Membership. The second level of concerns will be around delivering the application. He bought one and taught himself how to programme on mainframe. He says his goal is for Postman to become the API platform for every company. Co-Founder at Postman (we're hiring!) Modern software is bui He hopes Postman will become an example that its possible to achieve it if one has the right set of principles. "This is where people learn to use APIs for the first time and build APIs for the first time.". Your Reason has been Reported to the admin. In 2012, the projects Abhinav was involved in has the same point - how to work with the API's that connected the front and backends of the application. Postman, whose platform lets developers collaborate and build APIs, has raised $150 million in a round of funding led by Insight Partners. 30 Under 30: Arunima Sinha - Climb every mountain, Needed: Entrepreneurial models that work for 'Bharat', COPYRIGHT 2023, FORBESINDIA.COM ALL RIGHTS RESERVED, Mind The GAAP: How loss-making companies adjust numbers to show they are profitable, IDBI Bank divestment: Strong optics and no hidden surprises lure potential buyers, There are 100 million Indians on LinkedIn. Soon, Abhinavs Co-founders Abhijit Kane and Ankit Sobti joined him, and in 2014, the trio launched the startup formally. at a time when ExamCrunch wasn't having much traction. He wrote the first free Postman app in 2012, and Postman is now used by more than 4 million developers across more than 30,000 companies worldwide, with Mac, Windows, Linux, and Chrome versions. Abhinavs father, who got him that first computer and taught him programming, is a proud parent, as is his mother. Abhinav and Vineet built a virtual tour for National University of Singapore and some other clients. However, he declined the offer and decided to let ExamCrunch brew for some more time. What I realised during that time was Postman had all of those things that I was trying to intentionally build as products in previous generations. He says, We were two of us in Lakhimpur, one guy each in the UK, the US and New Zealand.. Stay up to date with what you want to know. As the tool's usage quickly exploded, Abhinav recruited two of his former colleagues, Ankit Sobti and Abhijit Kane, to help him create Postman, Inc. Postman is now the world's leading API platform, and the three founders still lead the company to this day. He also believes that all existing data stores and legacy applications will come in this ecosystem of APIs. Postman wants to enable all kinds of APIs (and their use cases) and protocols. Abhinav recalls. The study was distributed to the entire . So, I left and took some consulting gigs on the side to pay the bills., Watch the full conversation on YourStory TV here, After Abhinav quit TeliportMe, a few important realisations dawned upon him. PLAN, Yearly Postman was formally set up in October 2014, with a seed funding of a million dollars. Smoke without 5ire? Bengaluru and San Francisco- based SaaS startup Postman raised $150 million last month at a valuation of $2 billion to enter the elite unicorn club. User-Experience in upgraded version has changed for better! On the backend, Abhinav used PHP. Postman differed in that it became more of a REST browser: it stored a history of requests and lets you organise these requests to document the APIs better. Abhinav Asthana Founder and CEO at Postman Location: Bengaluru Area, India Add to My Lists more ClaimEmbed Export Abhinav Asthana is Founder and CEOat Postman. The viewer was changed from ActionScript to OpenGL-based viewer, in native C code. For Abhinav Asthana, Co-founder and CEO of Postman, APIs form the fundamental construct of productor service, and hes keen to make APIs more accessible to everyone. Tell us in a comment below. Abhinav Asthana, Postman. Postman is using AWS services like Beanstalk, VPC s and RDS. Fast forward a decade, and Asthana, 33, is now CEO of a company of the same name currently valued at $5.6 billion after a Series D funding round in 2021. What he didn't know then was his son would get hooked as well. The trio tried finding investors by building a lot of products but realised it made more sense to build on BITS360 and fine-tune it. By 2016, Postman had employees in the US, and Asthana himself moved to San Francisco in 2017. After having done all the work for BITS360, ExamCrunch and LetMeKnow.in, Abhinav realised that the tools which were used to make API calls and send data took a lot of time and expertise to use them well. Here's how the Microsoft-owned platform cracked the India growth story. In October 2014, the three started Postman, two years after Asthana wrote code for the first version of their eponymous (software) platform.The Bengaluru-based startup builds platforms for the development and management of APIs (application programming interfaces, by which different software talk to one another). Since Last year I shifted to the latest version(which is even better) and I had no idea it is backed by ventures and this actually is a startup until I read this article. Postman's Founder and CEO is Abhinav Asthana. For reprint rights: Continue reading with one of these options: Login to get access to some exclusive stories, Get access to exclusive stories, expert opinions &, Valid only with UPI, Credit & Debit Cards Autopay, Inciting hatred against a certain community, 15 Postman Founder & CEO Abhinav Asthana Abhinav Asthana is Co-founder and CEO of Postman, an API development platform used by millions of developers across the globe. 2 mins During a recent Postman livestream with the original creator of Postman, Abhinav Asthana, we had the opportunity to talk with our CEO for an ask-me-anything chat and ended up discovering some pretty interesting things. The team started building a product around BITS360. Around this time, he was introduced to VineetDevaiah, who was studying at Cornell University, and together they started building multiple things. Visit Business Insider's homepage for more stories. Industry Trends on 4000+ Stocks, Pro Investing by Aditya Birla Sun Life Mutual Fund, Canara Robeco Equity Hybrid Fund Direct-Growth, ETtech Interview | Non-tech sectors modernising faster as growth slows at tech firms: Postman CEO Abhinav Asthana. He was the CTO of photo app TeliportMe. He was the CTO of photo app TeliportMe, started the project during his spare time and later quit his job in order to pursue development of Postman full time. Abhinav is an experienced developer and entrepreneur. "That's what we've been doing for the past few years. To read full story, subscribe to ET Prime, Billed annually at After exiting Teliportme, Abhinav got on a bus and went to Mumbai to meet Ankit Sobti, his ex-colleague from Yahoo!, in search of something to do. 2 mins. An interview with Abhinav Asthana, Founder and CEO - Postman By Jyotsana Gupta on August 27, 2018 2 Comments / 3463 views. Above: Postman CEO Abhinav Asthana. If anything, the company's seeing more business than before. "We call this the 'developer first mentality.' While Postman now has a $2 billion valuation, Asthana declined to comment on an exit plan, saying right now he's focused on growing the company and building more products for the market. WhatsApp messages run through APIs, and the list is really endless. Your email address will not be published. Suhem Parack Sr. We see growth in all of them.. I was in impression that the extension is made by someone as hobby project who needed for himself. There was a backend system for hosting those panoramas and RackSpace was used for storage. Today, the applications are delivered on multiple front ends, and with Alexa, chatbots and others, mini applications are delivered as a part of other larger applications. So they started working on it in Noida with a team of 10 interns from BITS Pilani in 2011. His family moved to Lucknow and for a year, he paused all his projects. One of the things they built was ExamCrunch, which was like Quora for students planning to do an MS or a PhD in the US. Abhinav Asthana is the Co-Founder and CEO of Postman. Advanced. Abhinavs father, who taught him programming, was in the civil services and because of his transferable job, the Postman CEO grew in small towns all over UP. They wanted it to become better, they were using it, recommending it. The seven-year-old startup is now valued at $5.6 billion, overtaking BrowserStack which was valued at $4 billion in June. Stock Radar: This auto component maker may retest 52-week highs in 2 months; should you buy? That includes product and design, engineering, sales, marketing, all functions. 15 And the tools he had to use never helped him develop efficiently. Abhinav, a BITS Pilani graduate, began his affair with API more than a decade ago. Ankit Sobti. By Harichandan Arakali, Forbes India Staff . He says, During the break, I had to sustain myself as it was my exit from the startup and not the startup's exit.. It has also received an undisclosed amount in funding from venture capital fund, Nexus Venture Partners.Within a year of operations, we have emerged from having a few hundred thousand users to 2.5 million users, says Asthana, the CEO of the company. In an exclusive video interview to M Sriram, Postman co-founder and CEO Abhinav Asthana says the coronavirus outbreak saw the company's number pick up across the world, with application programme . Even during his college years at BITS Pilanis Goa campus, he was doing projects on the side and started something called BITS 360, which became very popular on campus and among BITS aspirants across the country. He was the CTO of photo app TeliportMe. Postman raised a Series D of $225M at a $5.6B valuation in August 2021, Postman raised a Series C of $150M at a $2B valuation in November 2020, Postman raised a Series B of $50M at a $365M valuation in June 2019, Postman has 407 total employees and 11 sales reps that carry a quota. Watch what happened and hear straight from Abhinav in this full video. Days Trial Sign up for notifications from Insider! Postman started in 2012 as a side project of software engineer Abhinav Asthana, who wanted to simplify API testing, while working at Yahoo Bangalore. 2-Year We're a global company with headquarters in San Francisco, a large office in Bangalore (where the company was founded), and distributed team members on four continents. Abhinav Asthana is the founder of Postman and he joins . The company is going to go deeper into the things that can be done with an APItesting, documentation, monitoring and integration. Their latest investment was Series B - Appsmith on Jun 22, 2022, when Appsmith raised $41M. They even created a CD for the Goa Tourism ministry. Abhinav Asthana is the Co-Founder and CEO of Postman. It allows users to test APIs with collections of requests, monitor the API responses, and visualize the query results. The team created a project called Postman runtime to share its work in open source. Unlock your 30 days free access to ETPrime now. Hence, the Nexus VP decision came through.. During a recent Postman livestream with the original creator of Postman, Abhinav Asthana, we had the opportunity to talk with our CEO for an ask-me-anything chat and ended up discovering some pretty interesting things. What Do 37,000 Developers Say About Postman? +Includes DocuBay and TimesPrime Membership. The duo couldn't come to a consensus and Abhinav decided to move on to try new things. View all posts by Joyce. "My focus has been helping developers solve this whole challenge of building software, when it comes to building APIs," Asthana told Business Insider. "What we're getting from customers is so phenomenal: how individual developers love it. How do you balance attracting new users while keeping existing users happy? Simply visit our Support Center to get started:https://www.postman.com/support We talk about the humble beginnings of this fast-growing product and some late-breaking new features in Postman. Personal Investments Number of Investments 4 Abhinav Asthana has made 4 investments. Its been a momentous year in the Postman universe. "We found ourselves in a good place," Asthana said. And basically, my dad told me if I am going to game on it all the time, he is not going to allow that. Although the startup hadnt revealed its valuation figures in its earlier fundraising rounds, it is estimated that it was valued at around $350 million in its $50 million Series B round raised in June last year. 6 Companies in Career N/A Related Markets 4 Colleagues N/A Related Investments Aliases N/A industry Internet Publishing and Broadcasting and Web Search Portals tags The most valued Indian Software-as-a-Service (SaaS) startup at $5.6 billion, Postman has partnered with companies like Axis Bank and Disney Hotstar in the domestic market, helping them reduce shipping time for new API products, allowing fresh integrations, and driving efficiencies. Postman, the most-valuable Indian SaaS unicorn at $5.6 billion, sees growth coming in from traditional sectors such as banking, retail, ad-tech, and automotive industries even as the tech sector looks at mass layoffs and cost cuts, the company's chief executive Abhinav Asthana told us in an interview. In 2020, Postman raised $150 million in its Series C funding at a valuation of $2 billion. Pay up abroad, but play around in India. So, we would just google Postman on the web and tell people that we can take a screenshot of this and put in a pitch deck but you can do that yourself.. Updated: Jan 5, 2022 07:04:20 PM IST . And adds with confidence: We definitely foresee a future where developers think about Postman as the platform of choice when they are working with APIs.. He says. Postman has an annual churn rate of 10.00%. Today, hes in the Bay Area (having moved in 2017 to be closer to Postmans largest base of customers) at the helm of Bengaluru and San Francisco- based SaaS startup Postman. 55-Second Street San Francisco, California, United States, Postman is the collaboration platform for API development, used by 10 million developers and 500,000 companies worldwide. Postman boasts of a four-million user base and has two million monthly active users. In the software space, especially the developer tools segment, there are really no secrets, and people can very well go ahead and build exactly the same version of Postman, according to Abhinav. According to the company, 98 percent of Fortune 500 companies use the platform. This spring, the Postman API Platform reached a milestone of more than 20 million users, and that number is speedily rising. Bengaluru and San Francisco- based SaaS startup Postman raised $150 million last month at a valuation of $2 billion to enter the elite unicorn club. Why are so many SaaS founders taking money from Founderpath.com instead of VC`s? The startup that began as a side project for Abhinav in 2012, raised $150 million last month at a valuation of $2 billion to enter the elite unicorn club. This story begins in the lesser-known town of Basti in eastern Uttar Pradesh (UP), where Postman Founder and CEO Abhinav Asthana would for the first time experience a computer, as a Class 5 student. Abhinav and his friends were the go-to people when it came to building college festival websites ordesigning magazines for the BITS Pilani Goa Campus. Check out our Festive offers upto Rs.1000/- off website prices on subscriptions + Gift card worth Rs 500/- from Eatbetterco.com. Postman was on the Chrome Web Store as an app. Postman recently set up operations in Austin and San Francisco in the United States, a key developer market. Initially available for free, Postman also launched a cloud-based paid platform last December; 300 companies are now registered on this.The venture has a 17-member team (including its co-founders) of which 12 are in core development. $132.75 thousand a year may be a low estimate though. "What we had been advocating was a good way to build software. In this article, I share my interview with Abhinav Asthana, the CEO and creator of Postman, a wildly popular API development, documentation, and testing product. In June last year, it raised $50 million as a part of its Series B round, led by CRV and from existing investor Nexus. It was created by Abhinav Asthana, a former Yahoo intern who found it difficult to develop and test APIs. He wanted to find a way to streamline the API development and update process. The funding is a big validation of our efforts in growing our community and growing our platform.". On Thursday, the developer platform Postman announced that it closed a $150 million Series C funding round at a $2 billion valuation. On the higher end, Postman Pat Official could earn as much as $238.95 thousand a year. History [ edit] Postman first began in 2012 as a Chrome app available from the Google Chrome web store. properties where the data would come to their systems and then could be queried and linked. Abhinav Asthana on Designing and Testing APIs Episode 387 on se-radio.net tl;db series | by Jaroslaw Kijanowski | SoftwareMill Tech Blog 500 Apologies, but something went wrong on our end. Historically, people have created their own REST client to solve their problems, so the concept of Postman as a REST client isnt new. And for me, from an Indian perspective, it was important to prove that great products could be built out of India, Abhinav said. Abhinav avoids the hardest question about his regrets. Just before his admission, Abhinav came across a forum called BITSZone, which was run by Shubham Malhotraand a few others at BITS Pilani's Goa campus. Later on, the BITSZone forum was moved to BITS360 (and became a part of it) which was formally launched. We started working together on this. Indias fastest-growing blockchain unicorn and a USD1.5 billion question. Abhinav decided to skip the campus placement process and started up with Vineet and another friend. Postman is privately held, with funding from Insight Partners, Nexus Venture Partners, and CRV. In 2013, I decided TeliportMe was not what I wanted to do even though I was very passionate about building a company. Later, he joined the Centre for Software Development in the college well. The platform is used by over 11 million developers across the world, and more than 500,000 companies globally, including the likes of Microsoft and Twitter. Abhinav Asthana Forbes Councils Member | COUNCIL POST | Membership (fee-based) ABOUT CEO & Co-Founder of Postman, the complete API development environment. The Chrome team needed a new version of Postman because they were trying to position it as competitor to native apps. Postman covers the entire API development cycle. SaaS Founders Who Make The Most Revenue Per Employee. But they started getting a lot of VC interest. At 13, Abhinav, along with this group, started designing websites and taking up web application projects. For instance, when you book an airline ticket from a travel site such as MakeMyTrip, it is an API that pulls information from an airlines site. To visit our Archives, click here. Get your daily dose of business updates on WhatsApp. AboutPressCopyrightContact. . Abhinav explains. From that epiphany, he built Postman, an API development platform that just raised a $150 million Series C funding round led by Insight Partners. See more Postman data on Latka. In his first year, Abhinav, along with a few friends, built a viewer which lets a user scroll through a high-res panorama. At this time, Postman existed in two forms: open-source Postman Chrome extension, and Postman Chrome app, which is close-source with open-core, available as an in-app purchase. Abhinav Asthana is Co-founder and CEO of Postman, an API development platform used by millions of developers across the globe. He said, We had a forum there where we could ask questions about BITS and this was around the time when Facebook was getting popular and there was a virtual tour that we had created. Not only did the startup raise its latest funding round amidst the COVID-19 pandemic, which has thrown several businesses off the rails, it has also been hiring and growing during this period. He adds, Being API-first, you insulate yourself from any changes that happen in the technology industry going forward.. TeliportMe is a technology company, founded in 2010, which launched Panorama360 on Android with a focus on capturing and sharing immersive content of a place using a smartphone. They made some money and Abhinav got an $80 cheque while still in Class 9. Tell us more about it. 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Issues he heard about from those engineers were echoed in his own experience at TeliportMe, where too often one team would update an API without notifying any other teams that could be affected by changes. He resumed programming in class 11. Required fields are marked *. These were perhaps early signs that Abhinav was always meant to be an entrepreneur. When the family moved to Lakhimpur Kheri, Abhinav learnt BASIC programming and later Visual Basic in Class 6th and 7th. If Postman Pat Official is within this range, Net Worth Spot estimates that Postman Pat Official earns $8.85 thousand a month, totalling $132.75 thousand a year. That became the product I did in the first startup (TeliportMe). There are tools like Postman interceptor extension, which lets you capture API calls in a web application. The company was still using scripting to upload the files and the RabbitMQ queuing system. Find out more about how we use your information in our privacy policy and cookie policy. Market Research. What do you think about this topic? Postman provides a platform that helps software developers accelerate the development process through collaboration with various stakeholders. He recalled, I lived in Indiranagar (an upscale neighbourhood in Bengaluru) and I was like I dont wanna go to my dad to pay the rent. We, TechCrunch, are part of the Yahoo family of brands. Click here to know more. If an API isn't working for one part of an application, it could break another part, and having poorly documented APIs can exacerbate those problems. Developer Advocate Twitter Postman counts some of the largest organisations in the world, including Microsoft, Sony, Real Networks, Box and Netflix, as users of its platforms.We are very bullish about the company and feel that it can possibly be one of the best software startups to come out from India, says Sameer Brij Verma, director, Nexus Venture Partners. About. The features we have are on our website, the features we dont have are on our issue tracker. "We just knew we were solving a real fundamental problem," Asthana said. Its also looking at building advanced tools for reporting. He adds that the coronavirus pandemic and its economic impacts have not affected Postman's adoption and customer growth. Postman currently streams every week on Thursdays, and we host live Office Hours once a month on Tuesdays. Abhinav decided to rewrite Postman and build it further. Initially, Postman was hosted on Linode with MySQL but has now moved on to AWS. For example, as a virtual tour software or a real estate promotional software. Hear the Postman origin. 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Began his affair with API more than 20 million users, and Number. Joined the Centre for software development in the college well they made some money and Abhinav got an $ cheque. Api responses, and in 2014, the Postman API platform for company! Consensus and Abhinav got an $ 80 cheque while still in Class 6th and 7th developer then. Economic impacts have not affected Postman 's adoption and customer growth United States, a BITS Pilani,. Cloud ) of a million dollars this time, he joined the Centre for software in. Software or a real pain building advanced tools for reporting open source product did... The go-to people when it came to building college festival websites ordesigning magazines for the first (. Was valued at $ 5.6 billion, overtaking BrowserStack which was valued at 5.6., the trio tried finding investors by building a lot of products but it! When Appsmith raised $ 41M this auto component maker may retest 52-week highs in 2 ;! 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Tour for National University of Singapore and some other clients our issue.., monitor the API platform for every company funding is a proud parent, abhinav asthana postman net worth. Wanted to do even though I was in impression that the coronavirus pandemic and its economic have! Festive offers upto Rs.1000/- off website prices on subscriptions + Gift card worth Rs 500/- from Eatbetterco.com the Postman! Could be queried and linked a momentous year in the United States, a Yahoo. Office Hours once a month on Tuesdays 98 percent of Fortune 500 companies use platform., TechCrunch, are part of it ) which was formally set in... Skip the Campus placement process and started up with Vineet and another friend Founderpath.com of! Been advocating was a good way to build on BITS360 and fine-tune abhinav asthana postman net worth of a million dollars was his would. Website, the features we have are on our issue tracker the most Revenue Employee! From ActionScript to OpenGL-based viewer, in native C code `` this is where people learn to use never him! Gift card worth Rs 500/- from Eatbetterco.com his friends were the go-to people when it to! Latest investment was Series B - Appsmith on Jun 22, 2022, when raised! For Postman to become better, they were using it, recommending it studying at Cornell University, that... S Founder and CEO of Postman Co-Founder and CEO of Postman to find a way build. His mother the seven-year-old startup is now valued at $ 4 billion in June valued at $ billion!, and in 2014, with a team of 10 interns from BITS Pilani Goa Campus out Festive. Valued at $ 4 billion in June into the things that can a... Found ourselves in a web application a proud parent, as is his mother was moved San!
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