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 That became the product I did in the first startup (TeliportMe). Postman helps developers build APIs, or application programming interfaces, which allow apps to communicate with and include features from other services. With Postman, Abhinav wanted to streamline the entire API development cycledesigning, documenting, monitoring and publishing. 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. 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. It allows users to test APIs with collections of requests, monitor the API responses, and visualize the query results. Lots of excitement and there was a dial-up internet thing in the early 2000s, if you remember. He started consulting on design and development for a set of projects. Thank you for your comment, we value your opinion and the time you took to write to us! The Chrome team needed a new version of Postman because they were trying to position it as competitor to native apps. 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. 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. 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. 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. The tool Abhinav Asthana built for himself as a side-project became Postman. So, I had to do something else and that became programming, and at the time, internet was just kind of taking off in India. Why are so many SaaS founders taking money from Founderpath.com instead of VC`s? The company plans to invest the new funding in hiring engineers, designers, and salespeople, and scaling its partnerships. Abhinav Asthana is the Co-Founder and CEO of Postman. We continued hiring through the pandemic, we actually increased hiring, we shifted to remote hiring practices pretty efficiently, the team kind of adapted really well, so all of those things we did during March and April and we are going to accelerate through the coming months. Abhinav Asthana is the founder of Postman and he joins . Abhinav Asthana. What bound them together was their skills in writing code and their love of gaming. Get your daily dose of business updates on WhatsApp. Postman boasts of a four-million user base and has two million monthly active users. Abhinav adds. 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. Through Abhinavs Class 1 to 5 in school, the family lived in Basti before moving to Lakhimpur, close to the Nepal border, where Abhinav finished high school. Suhem Parack Sr. In. Co-Founder at Postman (we're hiring!) . Postman has an annual churn rate of 10.00%. 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. The findings from the 2018 Postman Community Report (aka 2018 State of the API Survey) is available here. 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. Personal Investments Number of Investments 4 Abhinav Asthana has made 4 investments. According to the company, 98 percent of Fortune 500 companies use the platform. Coder, thinker, writer. Contact via Linkedin Contact via email Q&A What`s your age? 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. Soon, Abhinav's interest turned towards building websites, and he taught himselfHTML, CSS, Flash, PHP during Class 7th and 8th. Abhinav began working with computers at an early age. You can change your choices at any time by visiting your privacy controls. The Indian economy grew at a slower-than-expected 4.4% in the December quarter compared with 6.3% in the preceding three-month period, weighed down by base normalisation and weakness in consumption. Published: Dec 21, 2021 12:02:51 PM IST . Abhinav Asthana Co-founder and CEO Postman Data analysis with the Twitter API v2 SAT, AUG 7 11:10AM ET Learn how students and educators utilize the Twitter API v2 for data research and machine learning and how you can get started in Postman in this API talk. And the tools he had to use never helped him develop efficiently. According to research firm MarketsandMarkets, the API management market is estimated to touch $5.1 billion by 2023. Related read -Meet Kiran Bhatthe man who engineered Hulk and Tarkin to win 2017 sci-tech Oscar. Postman currently streams every week on Thursdays, and we host live Office Hours once a month on Tuesdays. See the full leadership team at Craft. However, he confidently added that a week after the said product is out, Postman would still be better because it is constantly listening to developers across the world and updating its platform. 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. Abhinav is an experienced developer and entrepreneur. 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 View all posts by Joyce. SaaS Founders Who Make The Most Revenue Per Employee. Postman Postman 2013 Abhinav Asthana API Abhinav Asthana Ankit Sobti Abhijit Kane Postman Inc. I saw that there was going to be a particular vision that was not going to be mine and basically, the company had raised money and was stable. 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 . Stay up to date with what you want to know. Postman was on the Chrome Web Store as an app. According to global research and advisory firm, Gartner, 65 percent of global infrastructure service providers' revenue will be generated through services enabled by APIs, by 2023, up from 15 percent in 2018. With this idea they raised $400,000 in seed funding and called their company Teliportme. The team started rewriting core parts of Postman and launched collaboration platform (called Postman Cloud). He started interviewing senior architects across industries to learn more about how their companies worked with and collaborated on APIs. Abhinav, Ankit and Abhijit were still working as a group and had not yet formed a company. Abhinav recalls. Are global firms taking Indian regulators for a ride? "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. Its founders believe that APIs are the fundamental building blocks of technology, going forward. 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(This story appears in the 19 February, 2016 issue of Forbes India. He says, They said that almost 25 percent of their development time is on Postman, and wanted to feature it as one of the top apps on the new Chrome app platform.. 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. . An API, simply put, specifies how software components should interact and allows applications to communicate with each other. At this juncture Abhinav got an internship at Yahoo!, which was then trying to build an ingestion system for Yahoo! 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. 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. Abhinav Asthana is the Co-Founder and CEO of Postman. The stack now is much more complicated. Their latest investment was Series B - Appsmith on Jun 22, 2022, when Appsmith raised $41M. 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. Postman covers the entire API development cycle. S5; 15 June, 2021; Abhinav Asthana grew up in several small towns in the northern part of India. The company has built a real-time collaborative system usingweb sockets as communication protocol (using SalesJS as a framework). 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). 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.. Abhinav Asthana grew up in several small towns in the northern part of India. - Hear the Postman origin story and learn more about the upcoming vision for the Postman API platform. Abhinav Asthana, CEO & Co-Founder, Postman CE: We learned that you co-founded few companies including - BITS360, Grayscale Design and TeliportMe. Developer Advocate Twitter Asthana says that Postman is committed to helping developers in any way they need as the number of APIs increases because of their importance in building apps. Updated: Jan 5, 2022 07:04:20 PM IST . At 13, Abhinav, along with this group, started designing websites and taking up web application projects. Abhinav Asthana is the Co-Founder and CEO of Postman. Postman essentially helped developers construct an API request and send it to the server, and all of this could be done through JavaScript. click here! He says, We were two of us in Lakhimpur, one guy each in the UK, the US and New Zealand.. How do you balance attracting new users while keeping existing users happy? 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. Since then, Asthana says Postman has become the "de facto standard" for APIs. Abhinav Asthana, Postman. As the app's usage grew, Abhinav recruited former colleagues Ankit Sobti and Abhijit Kane to help create Postman Inc. A timeline of Postman's journey to becoming a successful API platform. . Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Postman wants to enable all kinds of APIs (and their use cases) and protocols. After speaking to the Google Android team, Teliportme Panorama app got featured on the worldwide PlayStore, effectively fetching them millions of downloads. These people were enthusiastic about creating a community of people interested in working on projects. properties where the data would come to their systems and then could be queried and linked. Tell us in a comment below. Combined with the highest awareness among API developers, as measured by the company's 2019 brand recognition survey, and key solution . The team started building a product around BITS360. Abhinav says, He believes that APIs will be the fundamental construct in the first point while building any service or product. We talk about the humble beginnings of this fast-growing product and some late-breaking new features in Postman. Source. 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. Episode 381 | Abhinav Asthana - Big Impact. Our bug tracker is open. 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. They were flooded with projects, and people sought Abhinav's expertise for individual projects as well. What do you think about this topic? This will alert our moderators to take action. 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. Experience Your Economic Times Newspaper, The Digital Way! He adds that the coronavirus pandemic and its economic impacts have not affected Postman's adoption and customer growth. PLAN, Access the exclusive Economic Times stories, Editorial and Expert opinion, 90 Days Prime access worth Rs999 unlocked for you, Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors, Stock analysis. The company was still using scripting to upload the files and the RabbitMQ queuing system. 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. 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. So, I got connected to people across a bunch of forums and we started building websites.. That includes product and design, engineering, sales, marketing, all functions. Abhinav Asthana is the Co-Founder and CEO of Postman. Later on, the BITSZone forum was moved to BITS360 (and became a part of it) which was formally launched. The startup, from its inception, resolved to build a product that would stand the test of time. Explaining what was fuelling the growth of APIs and the resultant spends from companies, he explained that when a developer uses an API, They are doing a piece sort of computation or storage or getting some data from that company and on each API call you can ascribe essentially a dollar value. The API adoption is happening across industry verticals, including banking, fintech, and government. Around this time, he was introduced to VineetDevaiah, who was studying at Cornell University, and together they started building multiple things. He was the CTO of photo app TeliportMe, started the project during his spare time and later quit his job in order to pursue . 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. Initially, Postman was hosted on Linode with MySQL but has now moved on to AWS. Then internet happened and showed the vast amount of knowledge one could gain in the programming world. While Abhinav moved to the US to set up the new head office, his co-founders remained in Bengaluru along with its core tech team. He launched Postman as a free app in the Chrome Web Store. Jobs Number of Current Jobs 1 Number of Past Jobs 1 The team created a project called Postman runtime to share its work in open source. We just understood this very well and not doing it would mean letting something very awesome away from us and I think we could see that with a good product-market fit, sometimes the market pulls you in and we could see the effects. Dont miss out on ET Prime stories! They explored the various ways it which it could be used. . Abhinav got a job offer from Yahoo! He was the CTO of photo app TeliportMe. 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. Postman was formally set up in October 2014, with a seed funding of a million dollars. Greater Delhi Area 2K followers 500+ connections Join to view profile Postman (API Tools) Birla Institute of Technology and Science, Pilani Experience Co. In 2013, I decided TeliportMe was not what I wanted to do even though I was very passionate about building a company. 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). Even Abhinav has fallen into the trap of new technology and since then he (and his team) is more cautious about certain technology choices. Abhinav then convinced Ankit to leave Directi and join him at Postman. 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. That has led to an increasing amount of ambition.". 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. Postman Founder & CEO Abhinav Asthana It's been a momentous year in the Postman universe. You may also like -Meet Ajay Shrivastava the tech general behind culture and technology at Oyo and Knowlarity, According to Abhinav, there are two kinds of developers today: the curious lot, which knows its fundamentals well and works on what it knows; and the kind that are confused and try out all the latest technologies to beef up their resumes, but cant figure out which one to go after. Plus, he revealed some fun factscan you guess what video games hes currently playing? Find out more about how we use your information in our privacy policy and cookie policy. Working to. He says, We created an entire virtual tour of the campus. In his first year, Abhinav, along with a few friends, built a viewer which lets a user scroll through a high-res panorama. Market Research. Abhinav Asthana is the Co-Founder and CEO of Postman. There was a backend system for hosting those panoramas and RackSpace was used for storage. At that time, it was the only app built from India that was featured worldwide. Over the past few months, Postman has launched mock servers, monitors, documentation,all integrated very closely. 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 for companies, as. To visit our Archives, click here. 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. Unlock your 30 days free access to ETPrime now. They have 500000 customers an engineering team of 146 and a marketing team of 12. The study was distributed to the entire . Advanced. And basically, my dad told me if I am going to game on it all the time, he is not going to allow that. Abhinav Asthana Forbes Councils Member | COUNCIL POST | Membership (fee-based) ABOUT CEO & Co-Founder of Postman, the complete API development environment. 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. Its also looking at building advanced tools for reporting. Abhinav Asthana is the Co-Founder and CEO of Postman. 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. 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. An interview with Abhinav Asthana, Founder and CEO - Postman By Jyotsana Gupta on August 27, 2018 2 Comments / 3463 views. LK Maheshwari, the then Vice Chancellor of BITS Pilani, liked theidea and brought the BITS360 team to Pilani to createa virtual tour ofthe campus. 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. The great melting and eventual sinking: Have we reached the point of no return? Saas founders who Make the abhinav asthana postman net worth Revenue Per Employee man who engineered Hulk and Tarkin to 2017... 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So many SaaS founders taking money from Founderpath.com instead of VC ` s your?.

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