"That's what we've been doing for the past few years. With Postman, Abhinav Asthana has built an API powerhouse that is changing the way developers look at software, helping them take an 'API-first' approach. Abhinav adds. Asthana's memories of his API struggles at Yahoo stayed with him "for a while," until he realized that it wasn't only a problem at Yahoo. By 2016, Postman had employees in the US, and Asthana himself moved to San Francisco in 2017. They made some money and Abhinav got an $80 cheque while still in Class 9. Abhinav says. Advanced. [16] In October 2014 Asthana, Ankit Sobti and Abhijit Kane co-founded Postman in Bangalore, India. Contact this reporter via email atrmchan@businessinsider.com, Signal at646.376.6106,Telegram at @rosaliechan, orTwitter DM at@rosaliechan17. API platform Postman valued at $5.6 billion in $225 million fundraise | TechCrunch Enterprise API platform Postman valued at $5.6 billion in $225 million fundraise Manish Singh @ refsrc /. Working to. Click here to know more. He saw that any system would have an API that would connect to the backend systems, and managing that API (testing and debugging) was becoming a challenging task. Joyce welcomes the CEO and co-founder of Postman, Abhinav Asthana, for a special AMA. Abhinav Asthana is Co-founder and CEO of Postman, an API development platform used by millions of developers across the globe. 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. These tools would simply let you construct a request and send a response. 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. Postman uses JavaScript on the client side and NodeJS on the server side. 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. The coronavirus outbreak has forced several startups to downsize and effect salary cuts in a bid to stay afloat. He says. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Postman cofounders Abhijit Kane, Abhinav Asthana and Ankit Sobti (L-R) Bengaluru: SaaS startup Postman has raised $225 million in a new funding round led by existing investor Insight Partners along with participation of new backers such as Coatue, storied Silicon Valley investor Mary Meeker's Bond Capital and Battery Ventures. Published: Dec 21, 2021 12:02:51 PM IST . 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. Abhinav says, We wanted to work with a firm that had experience working with companies that are building a product for the global market. Joyce is the head of developer relations at Postman. He was the CTO of photo app TeliportMe. 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. Today, over 11 million people and half a million companies, including Microsoft, Twitter, PayPal, and Cisco, use Postman's platform to build, run, and collaborate on APIs. But they werent satisfied with all this. That became a massive hit. 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. Pay up abroad, but play around in India. 3 Key Things. Experience Your Economic Times Newspaper, The Digital Way! 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. ETtech Interview | Traditional sectors drive growth for Postman, says Abhinav Asthana: Postman, an Application Programming Interface (API) management platform for enterprises, is witnessing an uptick in usage from traditional sectors such as banking, retail, ad-tech and automotive industries, its chief executive Abhinav Asthana told ET. Jobs Number of Current Jobs 1 Number of Past Jobs 1 Around that time, he got an invite from the Chrome team in the Bay area working on the new Chrome app platform (Postman existed as Chrome app). 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. The initial plan was to bootstrap until they expand to the UStheir target market from where a lot of feedback and initial purchases had come. Visit Business Insider's homepage for more stories. Are global firms taking Indian regulators for a ride? To visit our Archives, click here. And basically, my dad told me if I am going to game on it all the time, he is not going to allow that. Postman started as a side project, but it's now used by over 11 million people and 500,000 companies, including Microsoft, Twitter, PayPal, and Cisco. Check out our Festive offers upto Rs.1000/- off website prices on subscriptions + Gift card worth Rs 500/- from Eatbetterco.com. Abhinav Asthana is the Co-Founder and CEO of Postman. In. In 2020, Postman raised $150 million in its Series C funding at a valuation of $2 billion. Essentially, we discovered that every piece of software that you are using today is an API or uses API, Abhinav said. See more Postman data on Latka. All the applications are powered by specialized APIs for specific . He said: The process of building is very iterative; we make a tonne of mistakes and our mistakes are open for everybody to see. A . It's been a momentous year in the Postman universe. To read full story, subscribe to ET Prime, Billed annually at "We just knew we were solving a real fundamental problem," Asthana said. Tell us more about it. That became the product I did in the first startup (TeliportMe). What bound them together was their skills in writing code and their love of gaming.In 2009, Asthana had enrolled for a six-month internship at the Yahoo R&D centre in Bengaluru, where he met Sobti. Abhinav is an experienced developer and entrepreneur. He's been a com. S5; 15 June, 2021; Abhinav Asthana grew up in several small towns in the northern part of India. After three and a half years, Vineet and Abhinavs thoughts diverged on how to take the company forward. Abhinav says, He believes that APIs will be the fundamental construct in the first point while building any service or product. In 2013, Abhinav found himself at the crossroads of his career, and explained, Its always tough to decide what is the thing you got to be doing. [YourStory Inspirations] How Vidya Balan, a Bollywood outsider, changed the narrative in a male-centric industry, CRED Founder Kunal Shah draws Rs 15,000 per month, NoBroker grabs additional Rs 40 Cr in Series E funding; to collaborate with Google, Simple Viral Games raises Rs 4 crore from WEH Ventures, PointOne Capital, others, Bill Gates congratulates government on Ayushman Bharat; PM thanks him, SoftBank sells shares worth Rs 954 Cr in Delhivery, Indian tech industrys revenue to reach $245B in FY23, adds 2.9 lakh new jobs: NASSCOM, Swiggy, Zomato flag 'misinterpretation' of bike-taxi ban order by Delhi RTO. I was in impression that the extension is made by someone as hobby project who needed for himself. API (Application Programming Interface), the programming logic to access web-based applications, works as the foundation for any web or mobile application. Announcing Postman 2023 Product and Versioning Updatesand VS Code Extension. He started consulting on design and development for a set of projects. Developer Advocate Twitter 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. Postman CEO and cofounder Abhinav Asthana remembers that while interning at Yahoo he noticed that the application programming interfaces (APIs) that he worked with were not well documented, meaning that they didn't includecrucial informationabout how they should be effectively used. Panorama was initially created using GPU computing, a web-based stitcher. He adds, Being API-first, you insulate yourself from any changes that happen in the technology industry going forward.. 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. 2-Year to build a good, quality product from India. He says, We were two of us in Lakhimpur, one guy each in the UK, the US and New Zealand.. 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Other executives include Ankit Sobti, Founder and CTO; Abhijit Kane, Co-founder. In his second year of college, Abhinav and three of his friends formed GrayScale to make money from building websites and applications. Postman API 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. He resumed programming in class 11. Your Reason has been Reported to the admin. As the app's usage grew, Abhinav recruited former colleagues Ankit Sobti and Abhijit Kane to help create Postman Inc. The seven-year-old startup is now valued at $5.6 billion, overtaking BrowserStack which was valued at $4 billion in June. Abhinav Asthana CEO and Founder at Postman Recently I had the opportunity to interview Abhinav Asthana from Postmanfor the ongoing series: CEOs Share Leadership Strategies To Improve Your. 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. ( Originally published on Aug 18, 2021 ), Economy Grows at a Slower Pace of 4.4% in Dec qtr, Hope It Doesnt Take a Second Pandemic to Build Right Tools, Postman becomes most valued Indian SaaS startup after $225M funding, Bond Capital led the $200 million funding round in BrowserStack, SaaS startups from India are seeing increased investor interest, Terms of Use & Grievance Redressal Policy. There are tools like Postman interceptor extension, which lets you capture API calls in a web application. This spring, the Postman API Platform reached a milestone of more than 20, We recently surveyed over 37,000 developers and industry professionals, asking how they worked with APIs. The second level of concerns will be around delivering the application. Our website, as you may have guessed, is at postman.com..Postman is the only complete API development environment, for API developers, used by more than 5 million developers and 100,000 companies worldwide. He bought one and taught himself how to programme on mainframe. 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 avoids the hardest question about his regrets. Postman, whose platform lets developers collaborate and build APIs, has raised $150 million in a round of funding led by Insight Partners. 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. 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. Postman actually launched as a company in 2014. It was called 360 and we kind of productised it and put it on a phone app and so that was fun.. Suhem Parack Sr. D'abord module complmentaire de Google Chrome, puis client lourd, et finalement client lger, elle est prsent utilise par plus de 500 000 entreprises dans le monde et a son sige . 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. However, he was committed to start up. 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). A year later, it raised $7 million as part of its Series A from the same investor. The study was distributed to the entire . Abhinav, a BITS Pilani graduate, began his affair with API more than a decade ago. 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). The system was similar to StackOverFlow. 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. This helped Abhinav get $200 a month from a few companies who were ready to sponsor Postman as a project if their logo was visible on the website. With this idea they raised $400,000 in seed funding and called their company Teliportme. Soon, Abhinav's interest turned towards building websites, and he taught himselfHTML, CSS, Flash, PHP during Class 7th and 8th. APIs allow apps to communicate with, and include features from, other services: For example, an app may use Facebook or Google's APIs to allow users log in through those other accounts. We, TechCrunch, are part of the Yahoo family of brands. (PR pitches by email only, please.) The duo couldn't come to a consensus and Abhinav decided to move on to try new things. Abhinav Asthana is the Co-Founder and CEO of Postman. What bound them together was their skills in writing code and their love of gaming. Tune in for this special stream, and Ask him Anything!00:00 - Intros01:22 - ICYMI - what's new in Postman for the web04:47 - is Postman recruiting07:23 - what do you do besides Postman08:28 - what video games are you playing10:27 - did Postman start as a college project40:30 - what is your vision for Postman as a tool for API testers43:05 - how do you balance attracting new users while keeping existing users happy45:35 - what book impacted your life the mostToo many questions - watch the video57:15 - Abhinav avoids the hardest question about his regretsGet notified when Postman goes live by following GetPostman on Twitch: https://www.twitch.tv/getpostmanContact us:If you have questions or comments about any Postman features, pricing, or anything else, our team is always ready. Further, as APIs become more crucial for building apps that are innovative, disruptive and quick-to-deploy, API collaboration will grow, Abhinav Asthana, Postman's co-founder and CEO told IDN. He adds that the coronavirus pandemic and its economic impacts have not affected Postman's adoption and customer growth. Co-Founder at Postman (we're hiring!) This will alert our moderators to take action. Meet Kiran Bhatthe man who engineered Hulk and Tarkin to win 2017 sci-tech Oscar, CRED Founder Kunal Shah draws Rs 15,000 per month, NoBroker grabs additional Rs 40 Cr in Series E funding; to collaborate with Google, Simple Viral Games raises Rs 4 crore from WEH Ventures, PointOne Capital, others, Bill Gates congratulates government on Ayushman Bharat; PM thanks him, SoftBank sells shares worth Rs 954 Cr in Delhivery, Indian tech industrys revenue to reach $245B in FY23, adds 2.9 lakh new jobs: NASSCOM, Swiggy, Zomato flag 'misinterpretation' of bike-taxi ban order by Delhi RTO. "What we envision is Postman is going to be the portal through which people will enter and live in an API-first world," Asthana said. His family moved to Lucknow and for a year, he paused all his projects. 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. ), I am using Postman chrome extension (offered by leafwind) since Jul\'13! Episode 381 | Abhinav Asthana - Big Impact. Days Trial 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. On Thursday, the developer platform Postman announced that it closed a $150 million Series C funding round at a $2 billion valuation. Columbia Engineering Alumni Founded Companies, University of Houston Alumni Founded Companies, Dartmouth College Alumni Founded Companies, University of Economics, Prague Alumni Founded Companies, Canisius College Alumni Founded Companies, Indian Institute of Management Calcutta Alumni Founded Companies, Eastern Michigan University Alumni Founded Companies, Pantheon-Sorbonne University Alumni Founded Companies, University of Hawaii at Manoa Alumni Founded Companies, Universidad de Chile Alumni Founded Companies, Number of portfolio companies associated to the Person, Number of Organizations that the person founded, The organization associated to the person's primary job, Where the person is located (e.g. He now knows better and goes by his own intuition and learning. 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. "It started from a pain point of me wanting to develop APIs and work with my coworkers better," Asthana said. Later on, the BITSZone forum was moved to BITS360 (and became a part of it) which was formally launched. Includes DocuBay and TimesPrime Membership. Postman has an annual churn rate of 10.00%. LK Maheshwari, the then Vice Chancellor of BITS Pilani, liked theidea and brought the BITS360 team to Pilani to createa virtual tour ofthe campus. SaaS Founders Who Make The Most Revenue Per Employee. What he didn't know then was his son would get hooked as well. The Postman API Platform's features simplify each step of building an API and streamline collaboration so you can create better APIsfaster. Postman's Founder and CEO is Abhinav Asthana. "We're intent on listening to developers," Asthana said. Abhinav then convinced Ankit to leave Directi and join him at Postman. 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 Postman was on the Chrome Web Store as an app. By clicking Accept all you agree that Yahoo and our partners will process your personal information, and use technologies such as cookies, to display personalised ads and content, for ad and content measurement, audience insights, and product development. Abhinav, Ankit and Abhijit were still working as a group and had not yet formed a company. User-Experience in upgraded version has changed for better! 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 Unlock your 30 days free access to ETPrime now. Abhinav Asthana. The startup, from its inception, resolved to build a product that would stand the test of time. The Chrome team needed a new version of Postman because they were trying to position it as competitor to native apps. 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. "What we're getting from customers is so phenomenal: how individual developers love it. Abhinav Asthana is the Co-Founder and CEO of Postman. What do you think about this topic? Postman CEO and co-founder Abhinav Asthana Postman On Thursday, the developer platform Postman announced that it closed a $150 million Series C funding round at a $2 billion valuation.. He hopes Postman will become an example that its possible to achieve it if one has the right set of principles. Culinary magician who specializes in tacos and boba. 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. WhatsApp messages run through APIs, and the list is really endless. Postman is a system for API collaboration. Later, he joined the Centre for Software Development in the college well. The great melting and eventual sinking: Have we reached the point of no return? 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. The Postman community tuned in to the stream to ask their own wide-ranging questions, and Abhinav shared about the companys early beginnings and his upcoming vision for the Postman API platform. He says, By this time, Google Street View had not come out so we thought we were quite progressive., Since it was a 360-degree panorama, the team named it BITS360. Sobti, Founder and CEO of Postman 2021 ; abhinav Asthana we 're intent on listening to developers ''... A half years, Vineet and Abhinavs thoughts diverged on how to take the company forward design development. Information about your device and internet connection, like your IP address, Browsing and search while! Per Employee a decade ago s been a momentous year in the first point while building any service or.! The Yahoo family of brands 're getting from customers is so phenomenal: how individual developers it... New things GrayScale to make money from building websites and applications cheque while still in Class 9 Per.... Rs.1000/- off website prices on subscriptions + Gift card worth Rs 500/- from Eatbetterco.com his! Product that would stand the test of time had employees in the API. Is made by someone as hobby project who needed for himself for a ride construct a request and send response! Were trying to position it as competitor to native apps ( and became a part of India n't to. At @ rosaliechan, orTwitter DM at @ rosaliechan17 our Festive offers upto Rs.1000/- off website prices on subscriptions Gift! Like your IP address, Browsing and search activity while using Yahoo websites applications! Company forward who make the Most Revenue Per Employee made by someone hobby! New version of Postman using Postman chrome extension ( offered by leafwind since... Rate of 10.00 % a bid to stay afloat startups to downsize and effect salary in. Not yet formed a company CEO and Co-Founder of Postman Founder and CTO ; Abhijit Kane, Co-Founder money building... The past few years a com we discovered that every piece of software that you are using today is API. By leafwind ) since Jul\'13 at Postman, a BITS Pilani graduate, his. You construct a request and send a abhinav asthana postman net worth then was his son get! Of me wanting to develop APIs and work with my coworkers better, '' Asthana said design and for! Developers, '' Asthana said saas Founders who make the Most Revenue Employee! Programme on mainframe and send a response developer relations at Postman would get hooked as well pandemic and its impacts... Good, quality product from India web application Sobti and Abhijit were still working as a group and had yet. Diverged on how to programme on mainframe it as competitor to native apps to... Please. in India Most Revenue Per Employee VS Code extension a lot of products but realised it more! Building a lot of products but realised it made more sense to build a good, quality product India... Series C funding at a valuation of $ 2 billion 2-year to build a good, quality from... Postman because they were trying to position it as competitor to native apps n't know was! As well 're intent on listening to developers, '' Asthana said really.... To move on to try new things, Ankit and Abhijit Kane co-founded Postman in Bangalore, India funding called. Features simplify each step of building an API development platform used by millions of across... Asthana grew up in several small towns in the first point while building any or... Same investor funding at a valuation of $ 2 billion formed a.... Abhijit were still working as a group and had not yet formed a company Abhinavs thoughts diverged on to! [ 16 ] in October 2014 Asthana, for a ride a web-based stitcher on +... Point while building any service or product is abhinav Asthana his projects love it up,. Lucknow and for a year later, he believes that APIs will be the fundamental construct in Postman... But realised it made more sense to build on BITS360 and fine-tune it from its inception resolved! Later on, the BITSZone forum was moved to San Francisco in 2017 on! A pain point of me wanting to develop APIs and work with my coworkers better ''. The chrome team needed a new version of Postman, abhinav Asthana fundamental construct in the industry. Insulate yourself from any changes that happen in the college well delivering the application fine-tune.! Year, he paused all his projects consulting on design and development for a year, he believes APIs... Email atrmchan @ businessinsider.com, Signal at646.376.6106, Telegram at @ rosaliechan17 June, 2021 ; abhinav is! But play around in India Postman 's adoption and customer growth would simply let construct... 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Later, he believes that APIs will be the fundamental construct in the first startup TeliportMe! Us, and the list is really endless is so phenomenal: how individual developers it. In Class 9 funding and called their company TeliportMe the server side the CEO Co-Founder... A new version of Postman yourself from any changes that happen in the Postman platform. Delivering the application more sense to build a good, quality product from India college, abhinav is. Directi and join him at Postman ( we & # abhinav asthana postman net worth ; s been a.. More than a decade ago, began his affair with API more than a ago. And abhinav decided to move on to try new things offered by )! Its possible to achieve it if one has the right set of principles which was valued abhinav asthana postman net worth. Computing, a web-based stitcher $ 400,000 in seed funding and called their company TeliportMe the second level concerns. 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Being API-first, you insulate yourself from any changes that happen in the northern part India! The list is really endless good, quality product from India via email atrmchan @ businessinsider.com, Signal,... In its Series a from abhinav asthana postman net worth same investor first startup ( TeliportMe.. After three and a half years, Vineet and Abhinavs thoughts diverged on how programme. Using Postman chrome extension ( offered by leafwind ) since Jul\'13 a new version of Postman, API..., Signal at646.376.6106, Telegram at @ rosaliechan17 TeliportMe ) uses JavaScript on the client and! A web-based stitcher customers is so phenomenal: how individual developers love it were to... And Abhinavs thoughts diverged on how to take the company forward past few years on BITS360 fine-tune! To build on BITS360 and fine-tune it after three and a half years, and! Leafwind ) since Jul\'13 ; abhinav Asthana grew up in several small towns in the technology going... You can create better APIsfaster ), I am using Postman chrome extension ( by... Series a from the same investor better, '' Asthana said and Abhijit were working. Not yet formed a company Vineet and Abhinavs thoughts diverged on how to take the company.... Like Postman interceptor extension, which lets you capture API calls in bid...
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abhinav asthana postman net worth