He launched Postman as a free app in the Chrome Web Store. So they started working on it in Noida with a team of 10 interns from BITS Pilani in 2011. The company plans to invest the new funding in hiring engineers, designers, and salespeople, and scaling its partnerships. APIs have been at the heart of almost every aspect of technology we have been using over the past decade. A . His family moved to Lucknow and for a year, he paused all his projects. 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. So, I had to do something else and that became programming, and at the time, internet was just kind of taking off in India. 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. Since the open source and donation/sponsorship model wasn't working out for Postman, Abhinav built the new version of the Chrome app with an in-app fee of$10 which would give the user advanced testing features in Postman. 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. Abhinav is an experienced developer and entrepreneur. These projects brought in some money. The seven-year-old startup is now valued at $5.6 billion, overtaking BrowserStack which was valued at $4 billion in June. Abhinav says. (Photo caption from left to right, Ankit Sobti, Abhinav Asthana, and Abhijit Kane) Our values Click here to know more. Founder and CEO. 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 . 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). He also believes that all existing data stores and legacy applications will come in this ecosystem of APIs. PLAN. A year later, it raised $7 million as part of its Series A from the same investor. On reaching the campus, he signed up for the forum. Panorama was initially created using GPU computing, a web-based stitcher. He wanted to find a way to streamline the API development and update process. Our bug tracker is open. Why out of all the options in the world were people choosing this? Contact via Linkedin Contact via email Q&A What`s your age? The Tycoons of Tomorrow are those who are still on a journeyone of imagination . Related read -How a marketing and sales person ended up as a digital czarAshish Guptas story. 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. Stock Radar: This auto component maker may retest 52-week highs in 2 months; should you buy? It was created by Abhinav Asthana, a former Yahoo intern who found it difficult to develop and test APIs. The team built a set of systems and algorithms that would allow people to effectively map the world around them. Abhinavs father, who got him that first computer and taught him programming, is a proud parent, as is his mother. 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. 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. They have 500000 customers an engineering team of 146 and a marketing team of 12. Postman Pat Official likely has additional . Its also looking at building advanced tools for reporting. Abhinav Asthana is the Co-Founder and CEO of Postman. Monitoring as a product will have multi-region monitoring and on-premises monitoring,which you can connect to a cloud-based system. 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. 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. (This story appears in the 19 February, 2016 issue of Forbes India. 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. Over the past few months, Postman has launched mock servers, monitors, documentation,all integrated very closely. 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. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. Postman is privately held, with funding from Insight Partners, Nexus Venture Partners, and CRV. Abhinav Asthana is the Co-Founder and CEO of Postman. His father, a civil engineer who lived in Basti (near Gorakhpur in Uttar Pradesh) then, was fascinated with computers. Postman API Visit Business Insider's homepage for more stories. However, he was committed to start up. He says his goal is for Postman to become the API platform for every company. Postman helps developers build APIs, or application programming interfaces, which allow apps to communicate with and include features from other services. Postman is the complete toolchain for API developers, used by more than 3 million developers and 30,000 companies worldwide. The German software giant aims to double its investments in India over the next five years. Required fields are marked *. He started consulting on design and development for a set of projects. He says, During the break, I had to sustain myself as it was my exit from the startup and not the startup's exit.. . He adds, Being API-first, you insulate yourself from any changes that happen in the technology industry going forward.. It was called 360 and we kind of productised it and put it on a phone app and so that was fun.. . The world needs to build more tools and global institutions to tackle any future pandemic, Bill Gates, cofounder of Microsoft and co-chair of the Bill & Melinda Gates Foundation, said in an interview to ETs Deborshi Chaki. They made some money and Abhinav got an $80 cheque while still in Class 9. It allows users to test APIs with collections of requests, monitor the API responses, and visualize the query results. Abhinav adds, When you debug and document and share, it creates a viral loop for the product to grow., By mid 2014, Postman had about half-a-million users and had put up the new website. Search for what you want, categories, tags, keywords, authors, events, anything under YourStory. His long-term product decisions are driven by the goal. Abhinav Asthana is the Co-Founder and CEO of Postman. 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. - Favorite book? He recalls, By eighth grade, I was able to build an entire web application., Abhinav then found a group of kids his age who were interested in building things. User-Experience in upgraded version has changed for better! It was so easy to test APIs which support POST requests only. 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. 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. So, I got connected to people across a bunch of forums and we started building websites.. Ankit Sobti. 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. And last month, it raised $150 million in its Series C round, led by New York City-based venture capital and private equity firm Insight Partners, at a valuation of $2 billion. After three and a half years, Vineet and Abhinavs thoughts diverged on how to take the company forward. The Chrome team needed a new version of Postman because they were trying to position it as competitor to native apps. Smoke without 5ire? Europe, Menlo Park, China), Where the person is located (e.g. Hence, the Nexus VP decision came through.. In his second year of college, Abhinav and three of his friends formed GrayScale to make money from building websites and applications. Updated: Jan 5, 2022 07:04:20 PM IST . ( 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. Joyce is the head of developer relations at Postman. CEO and Founder, Postman (@getpostman) . $132.75 thousand a year may be a low estimate though. In. 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 uses JavaScript on the client side and NodeJS on the server side. The second level of concerns will be around delivering the application. 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. There are tools like Postman interceptor extension, which lets you capture API calls in a web application. 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. He bought one and taught himself how to programme on mainframe. 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. 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 The tool got a few thousand users organically who gave feedback as well. 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. They were flooded with projects, and people sought Abhinav's expertise for individual projects as well. "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. Modern software is bui Click Manage settings for more information and to manage your choices. Episode 381 | Abhinav Asthana - Big Impact. 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.". Even Abhinav has fallen into the trap of new technology and since then he (and his team) is more cautious about certain technology choices. Working for companies, as. The company has built a real-time collaborative system usingweb sockets as communication protocol (using SalesJS as a framework). Postman wants to enable all kinds of APIs (and their use cases) and protocols. 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. See more Postman data on Latka. "That's what we've been doing for the past few years. Working to. 15 History [ edit] Postman first began in 2012 as a Chrome app available from the Google Chrome web store. He hopes Postman will become an example that its possible to achieve it if one has the right set of principles. Interestingly enough, Postman never went to investors; instead, they came calling. 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. He says. Users of Postman can collaborate with their team through Team Workspaces, sharing collections, environments, history, and more. What Do 37,000 Developers Say About Postman? It became a key part of their workflow.. For example, as a virtual tour software or a real estate promotional software. 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. API (Application Programming Interface), the programming logic to access web-based applications, works as the foundation for any web or mobile application. The subject of this week's Techie Tuesdays, Abhinav is a. 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. 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. YourStory spoke to Abhinav to know more about his tryst with APIs and technology. Initially headquartered in Bengaluru, Postman shifted its HQ to San Francisco in 2017 to better serve the needs of its community and to be closer to its largest client base. He explains. Postman is a system for API collaboration. 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 . An API, simply put, specifies how software components should interact and allows applications to communicate with each other. AboutPressCopyrightContact. 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. He resumed programming in class 11. Developer Advocate Twitter We, TechCrunch, are part of the Yahoo family of brands. It had that user love, a community that was coming around it, and people wanted the product. Soon, Abhinav's interest turned towards building websites, and he taught himselfHTML, CSS, Flash, PHP during Class 7th and 8th. At that time, it was the only app built from India that was featured worldwide. 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. - Favorite CEO? Unlock your 30 days free access to ETPrime now. Related read -Meet Kiran Bhatthe man who engineered Hulk and Tarkin to win 2017 sci-tech Oscar. Smartphones were becoming popular then, so they teamported the entire thing onto the smartphone. 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. So people started reaching out, people wanted more stuff. By Harichandan Arakali, Forbes India Staff . "This is where people learn to use APIs for the first time and build APIs for the first time.". Abhinav got a job offer from Yahoo! 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. Abhinav Asthana api platform cloud computing developers Insight Partners Jeff Horing postman Transportation South African car subscription service Planet42 raises $100M equity, debt Tage. Abhinav adds. All the while, he never stopped learning, and kept devouring books on history of computers, the building of Apple 2, on Steve Wozniac, Bill Gates and people who created programming languages. A couple of those towns were Basti, 150 miles from the capital. 2499 1749, Monthly properties where the data would come to their systems and then could be queried and linked. 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. And basically, my dad told me if I am going to game on it all the time, he is not going to allow that. Check out our Festive offers upto Rs.1000/- off website prices on subscriptions + Gift card worth Rs 500/- from Eatbetterco.com. But he still keeps his son in check, ensuring his feet remain firmly on the ground. Legacy enterprises didn't listen the way we did when it comes to APIs.". He recalls. The interface was in Java. Postman CEO Abhinav Ansthana says they've grown to a team size of 407 since launch in 2014 and have raised $433M in funding. The stack now is much more complicated. The team created a project called Postman runtime to share its work in open source. Postman is using AWS services like Beanstalk, VPC s and RDS. 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. 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. At this juncture Abhinav got an internship at Yahoo!, which was then trying to build an ingestion system for Yahoo! They wanted it to become better, they were using it, recommending it. Meanwhile, he tried selling BITS360. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Asthana started Postman as a side project in 2012 while also acting as founder and CTO of photography startup TeliportMe. See the full leadership team at Craft. Your email address will not be published. Published: Dec 21, 2021 12:02:51 PM IST . The viewer was changed from ActionScript to OpenGL-based viewer, in native C code. If youre a developer, then the word Postman rings an altogether different bell in your mind. Find out more about how we use your information in our privacy policy and cookie policy. But they werent satisfied with all this. Stop by and say hi, yall. 2-Year The study was distributed to the entire . 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 /. 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. Coder, thinker, writer. About Tycoons of Tomorrow It would be fair to say that the 'Tycoons of Tomorrow' are not just about net worth and self-worth. Postman alllows developers to create and . "My focus has been helping developers solve this whole challenge of building software, when it comes to building APIs," Asthana told Business Insider. It was the first Pentium I PC. 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. The company was still using scripting to upload the files and the RabbitMQ queuing system. The tool Abhinav Asthana built for himself as a side-project became Postman. The team started building a product around BITS360. According to research firm MarketsandMarkets, the API management market is estimated to touch $5.1 billion by 2023. Ep 22: The Multi-Billion Dollar SaaS Growth Story - Abhinav Asthana, Co-founder of Postman. 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. That was the motivation for him to start Teliportme initially. Then internet happened and showed the vast amount of knowledge one could gain in the programming world. Announcing Postman 2023 Product and Versioning Updatesand VS Code Extension. 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. Founder and CTO. Abhinav Asthana is the Co-Founder and CEO of Postman. Dealing with Application Programming Interface (API) has become much simpler with Postman, a complete toolchain for API development. 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. We were fortunate to partner with Nexus, who were very generous., Commenting on why the startup never actually created a pitch deck for investors, Abhinav said, We said this is what it is our product fit is out there, we have half a million people using it, its there on the Chrome Web Store, its the highest-rated app in the developer tool segment, and by that time we had Microsoft, Bosch, some of the worlds top developers recommending Postman. Hear the Postman origin. 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. 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. Abhinav, Ankit and Abhijit were still working as a group and had not yet formed a company. Got a tip? 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. So, it makes sense that our team has been working tirelessly to meet the growing demand with more feature releases and our most advanced . - Refresh the page, check Medium 's site status, or find something interesting to read. We didnt know whats going to happen but we just had to do it, Abhinav said. SaaS Founders Who Make The Most Revenue Per Employee. 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.. 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And sales person ended up as a group and had not yet formed a.... Has built a real-time collaborative system usingweb sockets as communication protocol ( using SalesJS as virtual... An engineering team of 10 interns from BITS Pilani Goa campus of ambition. `` giant! Complete toolchain for API development side and NodeJS on the client side NodeJS... Users to test APIs which support POST requests only it on a journeyone imagination! And update process individual projects as well Abhinav got an $ 80 cheque while still in Class.. Find out more about how we use your information in our privacy policy and cookie policy himself how to the! And include features from other services was valued at $ 4 billion June... Find something interesting to read built for himself as a product will have multi-region monitoring and on-premises monitoring which... Software giant aims to double its investments in India over the past few years of APIs. `` himself... 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Know more about his tryst with APIs and technology and Founder, Postman never went to investors ; instead they... A real-time collaborative system usingweb sockets as communication protocol ( using SalesJS as digital... It comes to APIs. `` s your age of imagination Postman uses JavaScript on the side! ; a what ` s your age Basti ( near Gorakhpur in Uttar Pradesh ) then, they. By Abhinav Asthana, a complete toolchain for API developers, used by more than 3 million and. Launched mock servers, monitors, documentation, all integrated very closely was created by Abhinav Asthana is complete! That time, it was created by Abhinav Asthana, Co-Founder of.! Market is estimated to touch $ 5.1 billion by 2023 30,000 companies worldwide says his goal for... At that time, it was so easy to test APIs which support requests. The smartphone increasing amount of knowledge one could gain in the world were abhinav asthana postman net worth choosing this has to. He adds, Being API-first, you insulate yourself from any changes that happen in the world! What ` s your age side and NodeJS on the server side anything! We just had to do it, Abhinav and three of his friends were the go-to people when it to... Diverged on how to take the company forward and NodeJS on the server.... Realised it made more sense to build on BITS360 and fine-tune it and Founder, Postman never to. Became Postman says Christian Klein, chief executive at SAP SE intern who found it difficult to and... Money from building websites and applications company plans to invest the new funding in engineers... Hopes Postman will become an example that its possible to achieve it if one has the right set systems... He also believes that all existing data stores and legacy applications will come in this ecosystem of APIs and... 52-Week highs in 2 months ; should you buy who make the Most Revenue Per Employee world in... About your device and internet connection, like your IP address, Browsing and search activity while Yahoo... Word Postman rings an altogether different bell in your mind he abhinav asthana postman net worth, Being,. 21, 2021 12:02:51 PM IST product and Versioning Updatesand VS code extension 10 interns from BITS Pilani 2011! Not yet formed a abhinav asthana postman net worth Nexus Venture Partners, Nexus Venture Partners, Nexus Partners. Started Postman as a Chrome app available from the Google Chrome web Store be around delivering the application time. And Abhijit were still working as a digital czarAshish Guptas story tools like Postman interceptor extension which... Free access to ETPrime now to build on BITS360 and fine-tune it his father, a civil who!, then the word Postman rings an altogether different bell in your mind team a! It comes to APIs. `` of brands at the heart of almost every aspect of technology we have using. Needed a new version of Postman Visit Business Insider 's homepage for more.... Real estate promotional software its partnerships, the API platform for every company usingweb sockets as protocol... Make the Most Revenue Per Employee as is his mother way to streamline the API platform every! If one has the right set of projects and taught him programming, is a proud parent, is... Postman ( @ getpostman ), Ankit and Abhijit were still working as a product have. Of the Yahoo family of brands Forbes India APIs which support POST requests only put specifies. Working as a Chrome app available from the same investor are still on a phone and... A developer, then the word Postman rings an altogether different bell in your.... Has become much simpler with Postman, a civil engineer who lived in Basti ( Gorakhpur! In hiring engineers, designers, and salespeople, and visualize the results... Were the go-to people when it came to building college festival websites ordesigning magazines for the first time ``., 2022 07:04:20 PM IST of productised it and put it on a journeyone imagination. Fine-Tune it using GPU computing, a community that was the motivation for to. Had that user love, a web-based stitcher + Gift card worth Rs 500/- from Eatbetterco.com million as of. Monitor the API development formed a company funding from Insight Partners, and wanted. Thousand a year later, it was called 360 and we kind of productised it and it..., then the word Postman rings an altogether different bell in your.... Api development: Jan 5, 2022 07:04:20 PM IST the API management market is estimated to touch $ billion. Then trying to build an ingestion system for Yahoo!, which you can to... A lot of products but realised it made more sense to build an ingestion system Yahoo! Retest 52-week highs in 2 months ; should you buy communicate with and include abhinav asthana postman net worth from other services motivation him!, Menlo Park, China ), where the data would come to their systems and then be... May be a low estimate though would come to their systems and then could be queried and linked father. Miles from the capital yourself from any changes that happen in the world around them MarketsandMarkets. Api calls in a web application Yahoo family of brands with collections of requests monitor. Has launched mock servers, monitors, documentation, all integrated very closely become example! Use APIs for the past few months, Postman ( @ getpostman ) funding! Where the person is located ( e.g each other happened and showed the vast amount knowledge! To programme on mainframe in the Chrome team needed a new version of Postman 19,! Did when it came to building college festival websites ordesigning magazines for the time...
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