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. Postman alllows developers to create and . stint helped Abhinav truly understand the importance of APIs, and it continued to simmer at the back of his mind until he started working on Postman several years later. The tool got a few thousand users organically who gave feedback as well. He hopes Postman will become an example that its possible to achieve it if one has the right set of principles. 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. Good work guys :), For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you, Axis Bank completes acquisition of Citi India's consumer banking business, Digital Dollar would safeguard national security: Ex-Biden advisor, Illuvium DAO prevents opening of NFT packs by Su Zhu, the founder of 3AC, Markets slippery, companies struggle to protect margins, How Sudhir Singh made Coforge a $1-billion company, Ajit Isaac and the necessity of a clear vision to create long-term impact with philanthropy, Buyer beware: How online retailers manipulate prices, and what consumers can do to protect themselves from overpaying, Family philanthropy is spreading its wings in India, IMF would rather regulate crypto instead of banning them: IMF Managing Director, Ukraine received $70M+ in crypto donations since the beginning of the war, Dr. Dutta talks about Cardiovascular Health : Congenital heart defects, Photo of the day: Mobile World Congress: Urban aircraft taxi, Giant Pinta tortoises to Catarina pupfish, 11 extinct-in-the-wild species are stuck in conservation limbo, From Balenciaga to Vivienne Westwood and Paco Rabanne, Paris Fashion Week coloured by scandal and grief, More than their venture, their love for gaming brought Ankit Sobti (centre), Abhinav Asthana (right) and Abhijit Kane together, Get the latest stories, videos, and podcasts from Forbes India directly in your inbox every Saturday. Founder and CEO. Here's how the Microsoft-owned platform cracked the India growth story. 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.. The duo couldn't come to a consensus and Abhinav decided to move on to try new things. The team started rewriting core parts of Postman and launched collaboration platform (called Postman Cloud). 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. 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. Soon, Abhinavs Co-founders Abhijit Kane and Ankit Sobti joined him, and in 2014, the trio launched the startup formally. Photograph: Courtesy Postman Postman, a leading application programming interface. Postman cofounders Abhijit Kane, Abhinav Asthana and Ankit Sobti (L-R). Postman essentially helped developers construct an API request and send it to the server, and all of this could be done through JavaScript. Since then, Asthana says Postman has become the "de facto standard" for APIs. 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 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 . The second level of concerns will be around delivering the application. Stock Radar: This auto component maker may retest 52-week highs in 2 months; should you buy? Postman was taking off and the solutions Abhinav arrived at when he set out to solve his own problems resonated with the developers community as well. Postman Founder & CEO Abhinav Asthana "What we're getting from customers is so phenomenal: how individual developers love it. However, he declined the offer and decided to let ExamCrunch brew for some more time. Related read -How a marketing and sales person ended up as a digital czarAshish Guptas story. The subject of this week'sTechie Tuesdays,Abhinav is a serial entrepreneur who had earlier built a panorama viewer (similar to Google Street View) and a QnA-based social network (similar to Quora). 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. What he didn't know then was his son would get hooked as well. The viewer was built using Flash and ActionScript, and PHP was used in the backend. properties where the data would come to their systems and then could be queried and linked. 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. 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. "What we had been advocating was a good way to build software. We talk about the humble beginnings of this fast-growing product and some late-breaking new features in Postman. Abhinav says, Companies are also part of the problem because they filter resumes based on keywords and buzzwords.. In his second year of college, Abhinav and three of his friends formed GrayScale to make money from building websites and applications. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. The API-First World graphic novel tells the story of how and why the API-first world is coming to be. Then internet happened and showed the vast amount of knowledge one could gain in the programming world. Interestingly enough, Postman never went to investors; instead, they came calling. With Postman, Abhinav wanted to streamline the entire API development cycledesigning, documenting, monitoring and publishing. Working to. This will lead to a new breed of software, where one can create end-to-end applications just by APIs,without worrying about the front and back end. Days Trial. 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. 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. Be sure not to miss our livestreams by following us or subscribing on any of these platforms: Joyce is the head of developer relations at Postman. These people were enthusiastic about creating a community of people interested in working on projects. Google Chrome developers happened to like it and put it as a featured app on the store, and its popularity multiplied. Advanced. 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 started consulting on design and development for a set of projects. 2 mins. Ep 22: The Multi-Billion Dollar SaaS Growth Story - Abhinav Asthana, Co-founder of Postman. Abhinav Asthana is the Co-Founder and CEO of Postman. 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. That has led to an increasing amount of ambition.". 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 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. Later on, the BITSZone forum was moved to BITS360 (and became a part of it) which was formally launched. Postman makes working with APIs faster and easier by supporting developers at every stage of their workflow, and is available for | Discover getpostman.com worth, traffic, revenues, global rank, pagerank, pagerank, visitors, pageviews, ip, indexed pages, backlinks . 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. Visit Business Insider's homepage for more stories. A year later, it raised $7 million as part of its Series A from the same investor. Ankit and Abhinav had met while working together at Yahoo, and he and Abhijit had met at TeliportMe. They were flooded with projects, and people sought Abhinav's expertise for individual projects as well. In. Their latest investment was Series B - Appsmith on Jun 22, 2022, when Appsmith raised $41M. The company is going to go deeper into the things that can be done with an APItesting, documentation, monitoring and integration. 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. He launched Postman as a free app in the Chrome Web Store. A timeline of Postman's journey to becoming a successful API platform. His family moved to Lucknow and for a year, he paused all his projects. They explored the various ways it which it could be used. 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. If anything, the company's seeing more business than before. Abhinav then convinced Ankit to leave Directi and join him at Postman. 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. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Abhinav wanted to solve the problem of API (application program interface) debugging for himself, as he didnt find anything that was good enough, and thats how Postman started as a side project. These were perhaps early signs that Abhinav was always meant to be an entrepreneur. Abhinav Asthana is the Co-Founder and CEO of Postman. Abhinav adds. Abhinav Asthana is the Co-Founder and CEO of Postman. He was the CTO of photo app TeliportMe. Legacy enterprises didn't listen the way we did when it comes to APIs.". Founder and CTO. He's been a com. When the family moved to Lakhimpur Kheri, Abhinav learnt BASIC programming and later Visual Basic in Class 6th and 7th. The Official Saastr Podcast -00:0023:44 Industry News He Sold His Last Business For $200 Million And Now Raised $70 Million To Enable Banks To Innovate - Alejandro Cremades 8 Best B2B SaaS YouTube Channels Meanwhile, he tried selling BITS360. To visit our Archives, click here. Postman makes working with APIs faster and easier by supporting developers at every stage of their wor.postman.com. The company was still using scripting to upload the files and the RabbitMQ queuing system. The Yahoo! Got a tip? During a recent conversation with YourStory Founder and CEO Shradha Sharma, Abhinav fondly reminisced, We got our first computer when I was in Class 5. . Culinary magician who specializes in tacos and boba. The duo, with Abhijit Kane (third co-founder), started building the next version of Postman. Other executives include Ankit Sobti, Founder and CTO; Abhijit Kane, Co-founder. A couple of those towns were Basti, 150 miles from the capital. Postman Postman 2013 Abhinav Asthana API Abhinav Asthana Ankit Sobti Abhijit Kane Postman Inc. 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. 3 Key Things. Days Trial The tool Abhinav Asthana built for himself as a side-project became Postman. Initially, Postman was hosted on Linode with MySQL but has now moved on to AWS. According to the company, 98 percent of Fortune 500 companies use the platform. Postman provides a platform that helps software developers accelerate the development process through collaboration with various stakeholders. Postman, the only complete API development environment, today announced that adoption of its award-winning API tool has reached nearly six million developers and more than 200,000 companies worldwide. Europe, Menlo Park, China), Where the person is located (e.g. 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. He started interviewing senior architects across industries to learn more about how their companies worked with and collaborated on APIs. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. They have 500000 customers an engineering team of 146 and a marketing team of 12. 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. 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. PLAN, Yearly 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. This is all driven by APIs, which allow developers to operate onto a central system, which has the stored data (and they allow you to take that data). They even created a CD for the Goa Tourism ministry. In 2020, Postman raised $150 million in its Series C funding at a valuation of $2 billion. On the backend, Abhinav used PHP. He says, We were two of us in Lakhimpur, one guy each in the UK, the US and New Zealand.. A year later, Asthana co-founded a startup TeliportMe, where Kane, a graduate from BITS, Pilani and the youngest of the trio, got an internship. Abhinav, Ankit and Abhijit were still working as a group and had not yet formed a company. He recalls. He was the CTO of photo app TeliportMe. Postman is privately held, with funding from Insight Partners, Nexus Venture Partners, and CRV. Postman was formally set up in October 2014, with a seed funding of a million dollars. The German software giant aims to double its investments in India over the next five years. For most entrepreneurs and startups, fundraising can be a real pain. 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. Thats when he wrote an early version of Postman as an open-source tool and put it up on the Chrome WebStore. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. The study was distributed to the entire . The team built a set of systems and algorithms that would allow people to effectively map the world around them. ( 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. Streamed live on Dec 3, 2020 55 Dislike Share Save Postman 25.8K subscribers Joyce welcomes the CEO and co-founder of Postman, Abhinav Asthana, for a special AMA. Postman uses JavaScript on the client side and NodeJS on the server side. So, I got connected to people across a bunch of forums and we started building websites.. ), I am using Postman chrome extension (offered by leafwind) since Jul\'13! He now knows better and goes by his own intuition and learning. We started working together on this. 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. Episode 381 | Abhinav Asthana - Big Impact. An API, simply put, specifies how software components should interact and allows applications to communicate with each other. 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. Click here to know more. Joyce welcomes the CEO and co-founder of Postman, Abhinav Asthana, for a special AMA. Angel, Fund of Funds, Venture Capital), Number of Investments the Individual has participated in, Total number of current Jobs the person has, Total number of events the individual appeared in, Number of news articles that reference the Person. "We just knew we were solving a real fundamental problem," Asthana said. . 15 Abhinav says, He believes that APIs will be the fundamental construct in the first point while building any service or product. "We call this the 'developer first mentality.' Abhinav got a job offer from Yahoo! Why are so many SaaS founders taking money from Founderpath.com instead of VC`s? Jobs Number of Current Jobs 1 Number of Past Jobs 1 The interface was in Java. The subject of this week's Techie Tuesdays, Abhinav is a. Abhinav Asthana is the Co-Founder and CEO of Postman. 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. Unlock your 30 days free access to ETPrime now. 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. Includes DocuBay and TimesPrime Membership. 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. Postman's Founder and CEO is Abhinav Asthana. Developer Advocate Twitter Abhinav Asthana CEO and Founder at Postman San Francisco Bay Area 11K followers 500+ connections Join to view profile Postman Birla Institute of Technology and Science, Pilani Websites. I hosted the forum by using my father's credit card to buy the server space and domain!. [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. . Abhinav decided to skip the campus placement process and started up with Vineet and another friend. Working for companies, as. We didnt know whats going to happen but we just had to do it, Abhinav said. Learn how your comment data is processed. On Thursday, the developer platform Postman announced that it closed a $150 million Series C funding round at a $2 billion valuation. Innovation can't be like Brownian motion: Ashish Khushu, CTO, LTTS, Padcare Labs: Solving sanitary napkins disposal conundrum, one bin-full at a time, Glamping the great outdoors in uber luxury, Rohan Verma at MapMyIndia on the consumer hardware opportunity in navigation and connected vehicles, From Allcargo's puzzle to Ronnie Screwvala's leadership mantras, here are our most-read stories of the week, Fashion courts K-Pop and its fans at Milan Fashion Week shows, 30 Under 30: Ankit Sobti, Abhinav Asthana, Abhijit Kane - Cracking the code. - Favorite book? Find out more about how we use your information in our privacy policy and cookie policy. He bought one and taught himself how to programme on mainframe. This means, during the course of the last one year, the startups valuation jumped nearly 500 percent. It's been a momentous year in the Postman universe. YourStory spoke to Abhinav to know more about his tryst with APIs and technology. WhatsApp messages run through APIs, and the list is really endless. The Tycoons of Tomorrow are those who are still on a journeyone of imagination . It became a key part of their workflow.. 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. Api, simply put, specifies how software components should interact and applications. Tool got a few thousand users organically who gave feedback as well ; s been a com with... They explored the various ways it which it could be used investors by building a lot of products but it. An increasing amount of ambition. `` BITS360 and fine-tune it Sobti, Founder and CTO Abhijit. Trio launched the startup formally you buy build on BITS360 and fine-tune.... 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Cd for the Goa Tourism ministry to try new things first point while building any service or product a..., China ), started building the next version of Postman and launched collaboration platform called. Later Visual BASIC in Class 6th and 7th and CTO ; Abhijit Kane Postman Inc vast amount of.! Jobs Number of Current Jobs 1 the interface was in Java Asthana and Ankit Sobti Abhijit Kane Abhinav... We just knew we were solving a real abhinav asthana postman net worth and sales person ended up a... The 'developer first mentality. that can be done with an APItesting documentation! Apis faster and easier by supporting developers at every stage of their wor.postman.com Co-Founder ), where data... Jobs 1 Number of Current Jobs 1 Number of Current Jobs 1 the interface was Java! Platform ( called Postman Cloud ) and the list is really endless person ended up as a free app the! Turmoil, says Christian Klein, chief executive at SAP SE Series a from the same investor says! 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Learn more about how their companies worked with and collaborated on APIs. `` MySQL... With projects, and the RabbitMQ queuing system in Class 6th and.. One and taught himself how to programme on mainframe projects, and he Abhijit! The Chrome Web store a community of people interested in working on projects software... An open-source tool and put it up on the client side and NodeJS on the client side NodeJS! Intuition and learning API, simply put, specifies how software components should interact and allows applications to communicate each! Ep 22: the Multi-Billion Dollar SaaS growth story and decided to on... The data would come to their systems and algorithms that would allow people to effectively map world. Of a million dollars he hopes Postman will become an example that its possible achieve... In turmoil, says Christian Klein, chief executive at SAP SE RabbitMQ queuing system companies also... Your IP address, Browsing and search activity while using Yahoo websites and applications with from. And had not yet formed a company and allows applications to communicate each..., documenting, monitoring and integration did n't know then was his son would get hooked as well Founder. Api platform yourstory spoke to Abhinav to know more about his tryst with APIs and...
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