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. 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. 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. They wanted it to become better, they were using it, recommending it. He recalls. The coronavirus outbreak has forced several startups to downsize and effect salary cuts in a bid to stay afloat. "We just knew we were solving a real fundamental problem," Asthana said. Postman actually launched as a company in 2014. 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. Then internet happened and showed the vast amount of knowledge one could gain in the programming world. 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. 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. Other executives include Ankit Sobti, Founder and CTO; Abhijit Kane, Co-founder. His family moved to Lucknow and for a year, he paused all his projects. click here! 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 . Ankit Sobti, Abhinav Asthana, Abhijit Kane |28 |28 |25Co-founders, PostmanCategory: TechnologyAbhinav Asthana, Ankit Sobti and Abhijit Kane were not fast friends when they decided to start Postman. 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.. Essentially, we discovered that every piece of software that you are using today is an API or uses API, Abhinav said. According to the company, 98 percent of Fortune 500 companies use the platform. "That's what we've been doing for the past few years. 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.. The company plans to invest the new funding in hiring engineers, designers, and salespeople, and scaling its partnerships. Working to. He's been a com. Related read -Meet Kiran Bhatthe man who engineered Hulk and Tarkin to win 2017 sci-tech Oscar. All the applications are powered by specialized APIs for specific . Tell us more about it. Stop by and say hi, yall. He resumed programming in class 11. Historically, people have created their own REST client to solve their problems, so the concept of Postman as a REST client isnt new. 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. Postman is privately held, with funding from Insight Partners, Nexus Venture Partners, and CRV. So, I had to do something else and that became programming, and at the time, internet was just kind of taking off in India. Abhinav explains. "We found ourselves in a good place," Asthana said. Since then, Asthana says Postman has become the "de facto standard" for APIs. Abhinav Asthana, Postman. Postman provides a platform that helps software developers accelerate the development process through collaboration with various stakeholders. Find out more about how we use your information in our privacy policy and cookie policy. These projects brought in some money. 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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Abhinav Asthana is the Co-Founder and CEO of Postman. The Chrome team needed a new version of Postman because they were trying to position it as competitor to native apps. Its been a momentous year in the Postman universe. Ep 22: The Multi-Billion Dollar SaaS Growth Story - Abhinav Asthana, Co-founder of Postman. He launched Postman as a free app in the Chrome Web Store. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Also read -Meet Mitesh Agarwalthe brain of BITS whos heading technology at Oracle India. He hopes Postman will become an example that its possible to achieve it if one has the right set of principles. 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. Why out of all the options in the world were people choosing this? 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. Their latest investment was Series B - Appsmith on Jun 22, 2022, when Appsmith raised $41M. 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. Updated: Jan 5, 2022 07:04:20 PM IST . Photograph: Courtesy Postman Postman, a leading application programming interface. Related read -How a marketing and sales person ended up as a digital czarAshish Guptas story. The funding is a big validation of our efforts in growing our community and growing our platform.". What bound them together was their skills in writing code and their love of gaming. 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. They explored the various ways it which it could be used. He was the CTO of photo app TeliportMe, started the project during his spare time and later quit his job in order to pursue . Smartphones were becoming popular then, so they teamported the entire thing onto the smartphone. He says, During the break, I had to sustain myself as it was my exit from the startup and not the startup's exit.. CEO and Founder, Postman (@getpostman) . 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 adds. 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. At this juncture Abhinav got an internship at Yahoo!, which was then trying to build an ingestion system for Yahoo! 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. 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. Abhinav, a BITS Pilani graduate, began his affair with API more than a decade ago. In. Visit Business Insider's homepage for more stories. Postman makes working with APIs faster and easier by supporting developers at every stage of their wor.postman.com. He now knows better and goes by his own intuition and learning. The features we have are on our website, the features we dont have are on our issue tracker. 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). 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Working for companies, as. With this idea they raised $400,000 in seed funding and called their company Teliportme. - Favorite book? In 2012, the projects Abhinav was involved in has the same point - how to work with the API's that connected the front and backends of the application. Ankit Sobti. "This is where people learn to use APIs for the first time and build APIs for the first time.". Got a tip? As the app's usage grew, Abhinav recruited former colleagues Ankit Sobti and Abhijit Kane to help create Postman Inc. He also believes that all existing data stores and legacy applications will come in this ecosystem of APIs. 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. The tool Abhinav Asthana built for himself as a side-project became Postman. "What we're getting from customers is so phenomenal: how individual developers love it. This will alert our moderators to take action. His current startup, Postman, has almost four million developers on its platform and is on a mission to simplify API development for them and others. Birla Institute of Technology and Science, Pilani, Money Matters with Shradha Sharma | What money means to you, Heres the gadget Postman CEO was most excited to buy after the first funding round, [The Turning Point] What drove these entrepreneurs to build an API development platform now used by 9M developers, APIs Expanding Beyond Developers Reveals 2019 Postman State of the API Report, My One Big Fat Digital Technology Prediction For 2020, More non-developers now work with APIs than ever before. An API, simply put, specifies how software components should interact and allows applications to communicate with each other. The findings from the 2018 Postman Community Report (aka 2018 State of the API Survey) is available here. Personal Investments Number of Investments 4 Abhinav Asthana has made 4 investments. 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). Combined with the highest awareness among API developers, as measured by the company's 2019 brand recognition survey, and key solution . Pay up abroad, but play around in India. At 13, Abhinav, along with this group, started designing websites and taking up web application projects. Postman recently set up operations in Austin and San Francisco in the United States, a key developer market. Abhinav Asthana is the Co-Founder and CEO of Postman. Days Trial But they werent satisfied with all this. 15 The team created a project called Postman runtime to share its work in open source. I was in impression that the extension is made by someone as hobby project who needed for himself. 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. 2 mins. The seven-year-old startup is now valued at $5.6 billion, overtaking BrowserStack which was valued at $4 billion in June. He started consulting on design and development for a set of projects. So they started working on it in Noida with a team of 10 interns from BITS Pilani in 2011. Developer Advocate Twitter By now, he was completely hooked to the computer and programming. We saw that if you build a great product, you get a great community and [if] you are really constantly listening to them, people like to be part of this journey with you.. By Harichandan Arakali, Forbes India Staff . 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. And adds with confidence: We definitely foresee a future where developers think about Postman as the platform of choice when they are working with APIs.. Postman cofounders Abhijit Kane, Abhinav Asthana and Ankit Sobti (L-R). Postman Pat Official likely has additional . Abhinav Asthana is the Co-Founder and CEO of Postman. Postman covers the entire API development cycle. Postman's Founder and CEO is Abhinav Asthana. 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. AboutPressCopyrightContact. Indias fastest-growing blockchain unicorn and a USD1.5 billion question. A . Days Trial. The world were people choosing this every piece of software that you using! Other executives include Ankit Sobti, Founder and CEO of Postman it, recommending it invest the funding! Appsmith on Jun 22, 2022 07:04:20 PM IST also believes that existing... Story - Abhinav Asthana but play around in India Postman, a leading application interface. And apps read -How a marketing and sales person ended up as a free app the. Better, they were using it, recommending it `` what we abhinav asthana postman net worth getting from customers so..., we discovered that every piece of software that you are using today is an API uses! 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