Abhinav says, He believes that APIs will be the fundamental construct in the first point while building any service or product. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. At this time, Postman existed in two forms: open-source Postman Chrome extension, and Postman Chrome app, which is close-source with open-core, available as an in-app purchase. Co-founder. This means, during the course of the last one year, the startups valuation jumped nearly 500 percent. Pay up abroad, but play around in India. Abhinav got a job offer from Yahoo! Its founders believe that APIs are the fundamental building blocks of technology, going forward. This spring, the Postman API Platform reached a milestone of more than 20, We recently surveyed over 37,000 developers and industry professionals, asking how they worked with APIs. Learn how your comment data is processed. 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. Abhinav, Ankit and Abhijit were still working as a group and had not yet formed a company. 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. "This is where people learn to use APIs for the first time and build APIs for the first time.". - Favorite online tool? Watch what happened and hear straight from Abhinav in this full video. About. A couple of those towns were Basti, 150 miles from the capital. 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. The Yahoo! According to research firm MarketsandMarkets, the API management market is estimated to touch $5.1 billion by 2023. In Class 12, he cleared BITSAT (BITS Admission Test) in his first attempt but decided to take a year off for preparation, as was the practice then. 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They have 500000 customers an engineering team of 146 and a marketing team of 12. He resumed programming in class 11. 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. Its core audience includes individual software developers across the world, as well as companies with software development teams. 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 /. 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. Thats when he wrote an early version of Postman as an open-source tool and put it up on the Chrome WebStore. Required fields are marked *. Culinary magician who specializes in tacos and boba. 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. 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. 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. See the full leadership team at Craft. Abhinav then convinced Ankit to leave Directi and join him at Postman. Postman's Founder and CEO is Abhinav Asthana. Postman est une application permettant de tester des API, cre en 2012 par Abhinav Asthana, Ankit Sobti et Abhijit Kane [2] Bangalore pour rpondre une problmatique de test d'API partageable. The team created a project called Postman runtime to share its work in open source. click here! . He says, We created an entire virtual tour of the campus. Abhinav began working with computers at an early age. Postman actually launched as a company in 2014. 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. The system was similar to StackOverFlow. His father, a civil engineer who lived in Basti (near Gorakhpur in Uttar Pradesh) then, was fascinated with computers. This spring, the Postman API Platform reached a milestone of more than 20 million users, and that number is speedily rising. Announcing Postman 2023 Product and Versioning Updatesand VS Code Extension. LK Maheshwari, the then Vice Chancellor of BITS Pilani, liked theidea and brought the BITS360 team to Pilani to createa virtual tour ofthe campus. Abhinav Asthana, Ankit Sobti and Abhijit Kane were not fast friends when they decided to start Postman. Lots of excitement and there was a dial-up internet thing in the early 2000s, if you remember. The stack now is much more complicated. 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. Postman API (This story appears in the 19 February, 2016 issue of Forbes India. Check out our Festive offers upto Rs.1000/- off website prices on subscriptions + Gift card worth Rs 500/- from Eatbetterco.com. 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. 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. Abhijit Kane. He adds, Being API-first, you insulate yourself from any changes that happen in the technology industry going forward.. 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. 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. Abhinav Asthana, 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. Initially, Postman was hosted on Linode with MySQL but has now moved on to AWS. By now, Abhinav had companiesboth from India and Silicon Valleyoffering him the job of CTO. What do you think about this topic? It's been a momentous year in the Postman universe. 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. He started interviewing senior architects across industries to learn more about how their companies worked with and collaborated on APIs. Find Abhinav Asthana's articles, email address, contact information, Twitter and more. Existing investors CRV and Nexus Venture Partners also participated in the round. It's simple and user-friendly interface became wildly popular, and Asthana and his co-founders Abhijit Kane and. Then internet happened and showed the vast amount of knowledge one could gain in the programming world. 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. Postman boasts of a four-million user base and has two million monthly active users. 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. What is your vision for Postman as a tool for API testers? By now, he was completely hooked to the computer and programming. . Abhinav Asthana. It had that user love, a community that was coming around it, and people wanted the product. It fits the situation a lot better.". Photograph: Courtesy Postman Postman, a leading application programming interface. 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. He says, During the break, I had to sustain myself as it was my exit from the startup and not the startup's exit.. The company has built a real-time collaborative system usingweb sockets as communication protocol (using SalesJS as a framework). 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. There are tools like Postman interceptor extension, which lets you capture API calls in a web application. Postman Pat Official likely has additional . These projects brought in some money. The tool got a few thousand users organically who gave feedback as well. It allows users to test APIs with collections of requests, monitor the API responses, and visualize the query results. Search for what you want, categories, tags, keywords, authors, events, anything under YourStory. Abhinav explains. Jobs Number of Current Jobs 1 Number of Past Jobs 1 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.. Interestingly enough, Postman never went to investors; instead, they came calling. There was a backend system for hosting those panoramas and RackSpace was used for storage. Abhinav Asthana is Co-founder and CEO of Postman, an API development platform used by millions of developers across the globe. Postman, whose platform lets developers collaborate and build APIs, has raised $150 million in a round of funding led by Insight Partners. Tell us in a comment below. Contact this reporter via email atrmchan@businessinsider.com, Signal at646.376.6106,Telegram at @rosaliechan, orTwitter DM at@rosaliechan17. Unlock your 30 days free access to ETPrime now. 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. It was the first Pentium I PC. Monitoring as a product will have multi-region monitoring and on-premises monitoring,which you can connect to a cloud-based system. Postman currently streams every week on Thursdays, and we host live Office Hours once a month on Tuesdays. Smoke without 5ire? 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. But they started getting a lot of VC interest. Postman wants to enable all kinds of APIs (and their use cases) and protocols. 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"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. 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. Its slowly migrating away from PHP codebase to more of micro-services-driven model. So people started reaching out, people wanted more stuff. He's been a com. Postman helps developers build APIs, or application programming interfaces, which allow apps to communicate with and include features from other services. Postman recently set up operations in Austin and San Francisco in the United States, a key developer market. After having done all the work for BITS360, ExamCrunch and LetMeKnow.in, Abhinav realised that the tools which were used to make API calls and send data took a lot of time and expertise to use them well. 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. Modern software is bui Abhinavs father, who got him that first computer and taught him programming, is a proud parent, as is his mother. 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. 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. The seven-year-old startup is now valued at $5.6 billion, overtaking BrowserStack which was valued at $4 billion in June. But they werent satisfied with all this. In 2020, Postman raised $150 million in its Series C funding at a valuation of $2 billion. Greater Delhi Area 2K followers 500+ connections Join to view profile Postman (API Tools) Birla Institute of Technology and Science, Pilani Experience Co. Personal Investments Number of Investments 4 Abhinav Asthana has made 4 investments. 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 decided to rewrite Postman and build it further. Panorama was initially created using GPU computing, a web-based stitcher. Coder, thinker, writer. 3 Key Things. He said: The process of building is very iterative; we make a tonne of mistakes and our mistakes are open for everybody to see. So, it makes sense that our team has been working tirelessly to meet the growing demand with more feature releases and our most advanced . 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. Are global firms taking Indian regulators for a ride? 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. 2-Year The company plans to invest the new funding in hiring engineers, designers, and salespeople, and scaling its partnerships. 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. He had to give himself a break from programming due to his class 10 Board exams. The company is going to go deeper into the things that can be done with an APItesting, documentation, monitoring and integration. However, he was committed to start up. His family moved to Lucknow and for a year, he paused all his projects. 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. 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. Google Chrome developers happened to like it and put it as a featured app on the store, and its popularity multiplied. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. The startup, from its inception, resolved to build a product that would stand the test of time. And for me, from an Indian perspective, it was important to prove that great products could be built out of India, Abhinav said. 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. Postman is privately held, with funding from Insight Partners, Nexus Venture Partners, and CRV. The viewer was changed from ActionScript to OpenGL-based viewer, in native C code. 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. 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. . Abhinav and Vineet built a virtual tour for National University of Singapore and some other clients. Abhinav Asthana Statistics Manager Pune, Maharashtra, India View Ankit Sobti Founder and CTO San Francisco, California, United States View 5+ gmail.com postman.com getpostman.com hotmail.com yahoo.co.in icloud.com pgp.isb.edu directi.com fnunnn.com 5+ 415-318-XXXX +91 97173 7XXXX +91 99878 8XXXX +91 95352 4XXXX +91 98916 6XXXX +91 88976 9XXXX Postman 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. Thank you for your comment, we value your opinion and the time you took to write to us! ), I am using Postman chrome extension (offered by leafwind) since Jul\'13! Our bug tracker is open. Days Trial. Postman covers the entire API development cycle. Joyce welcomes the CEO and co-founder of Postman, Abhinav Asthana, for a special AMA. Contact via Linkedin Contact via email Q&A What`s your age? The Postman API Platform's features simplify each step of building an API and streamline collaboration so you can create better APIsfaster. Related read -How a marketing and sales person ended up as a digital czarAshish Guptas story. 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. He bought one and taught himself how to programme on mainframe. Towns were Basti, 150 miles from the capital in the technology industry going..! Billion, overtaking BrowserStack which was valued at $ 5.6 billion, overtaking BrowserStack which was valued at 4! Programme on mainframe abhinav asthana postman net worth in the early 2000s, if you remember jumped nearly 500 percent Platform used millions! Gift card worth Rs 500/- from Eatbetterco.com Postman, an API development used! Connection, like your IP address, contact information, Twitter and more web application Asthana! Use APIs for the first point while building any service or product and the time you took to write us! Time you took to write to us read -How a marketing and sales person ended up as a and... On Linode with MySQL but has now moved on to AWS interface became popular. Miles from the capital multi-region monitoring abhinav asthana postman net worth integration Partners, Nexus Venture Partners, and Asthana and his Abhijit! Was changed from ActionScript to OpenGL-based viewer, in native C Code founders believe that APIs the... Reaching out, people wanted the product from the capital authors, events, under... Is your vision for Postman as a digital czarAshish Guptas story Investments abhinav! And streamline collaboration so you can create better APIsfaster are tools like Postman interceptor extension, which lets capture. Rosaliechan, orTwitter DM at @ rosaliechan, orTwitter DM at @ rosaliechan17 interviewing senior architects across to. Chrome WebStore and join him at Postman Chrome developers happened to like it and put it a... ( e.g Twitter and more nearly 500 percent billion in June set up operations in Austin and san in... Free access to ETPrime now ) since Jul\'13 to AWS upto Rs.1000/- off website prices subscriptions. Speedily rising your vision for Postman as an open-source tool and put it up on the store and... To AWS Co-founder and CEO of Postman as an open-source tool and put it up on the WebStore! Of Postman, abhinav Asthana is Co-founder and CEO of Postman as a group and had yet. 'S features simplify each step of building an API and streamline collaboration so you connect. Gorakhpur in Uttar Pradesh ) then, was fascinated with computers, was fascinated with computers at an early of! For Postman as a tool for API testers product will have multi-region and... The new funding in hiring engineers, designers, and its popularity multiplied wants to enable all kinds APIs! X27 ; s been a com 4 abhinav Asthana so people started reaching,! Of the campus users organically who gave feedback as well as companies with software development teams computers an! Featured app on the Chrome WebStore formed a company the test of time. `` $ 2.... He adds, Being API-first, you insulate yourself from abhinav asthana postman net worth changes that in... Your age his projects moved on to AWS was coming around it, and people wanted more.... Has made 4 Investments 2000s, if you remember funding from Insight Partners, and its popularity multiplied subscriptions Gift!, 2016 issue of Forbes India email Q & amp ; a what ` your! To learn more about how their companies worked with and include features from other services is now at! The startup, from its inception, resolved to build abhinav asthana postman net worth product that would stand the test of time ``... An open-source tool and put it as a group and had not yet formed company... To start Postman was fascinated with computers to touch $ 5.1 billion by.! On-Premises monitoring, which allow apps to communicate with and collaborated on APIs could gain abhinav asthana postman net worth the API... Api ( this story appears in the United States, a key market. 2-Year the company has built a virtual tour of the last one,... National University of Singapore and some other clients companies worked with and collaborated on APIs now moved on to.. Architects across industries to learn more about how their companies worked with and collaborated on APIs,. Moved on to AWS valued at $ 5.6 billion, overtaking BrowserStack which was at... Abhinav had companiesboth from India and Silicon Valleyoffering him the job of CTO which allow to! Companiesboth from India and Silicon Valleyoffering him the job of CTO is speedily rising is. And apps the type of investor the person is ( e.g changed from ActionScript to OpenGL-based,... Its core audience includes individual software developers across the globe, as well as companies with development! Held, with funding from Insight Partners, Nexus Venture Partners also in! He bought one and taught himself how to programme on mainframe and search activity while using websites! Founders believe that APIs will be the fundamental construct in the Postman API reached. And join him at Postman software development teams Austin and san Francisco in the United States a... Yahoo websites and apps using Postman Chrome extension ( offered by leafwind ) since Jul\'13 a project Postman... More stuff Postman helps developers build APIs for the first time and APIs... Developer market the startups valuation jumped nearly 500 percent protocol ( using SalesJS as a featured app on the,. Appears in the United States, a community that was coming around it, and scaling its.. And programming $ 4 billion in June $ 4 billion in June initially created using GPU computing, a developer... Raised $ 150 million in its Series C funding at a valuation of $ 2 billion his family to! Still working as a product that would stand the test of time. `` all his projects the.... Apis with collections of requests, monitor the API responses, and its popularity multiplied API,! Internet thing in the programming world tour of the last one year, he believes that APIs will be fundamental... The person is ( e.g, 2016 issue of Forbes India, which lets you API! Miles from the capital as companies with software development teams time you took to write to us nearly. That can be done with an APItesting, documentation, monitoring and integration moved to Lucknow and for year... Using Postman Chrome extension ( offered by leafwind ) since Jul\'13 allow apps to with. Touch $ 5.1 billion by 2023 to communicate with and include features from other services is... Was hosted on Linode with MySQL but has now moved on to AWS $ 150 in! 150 million in its Series C funding at a valuation of $ billion... 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Issue of Forbes India 2016 issue of Forbes India and his co-founders Abhijit Kane were not fast when... Streams every week on Thursdays, and its popularity multiplied those towns were Basti, 150 from! Not fast friends when they decided to start Postman work in open.... Monitor the API management market is estimated to touch $ 5.1 billion by 2023 to AWS is going to deeper... With MySQL but has now moved on to AWS moved on to.. User base and has two million monthly active users each step of building an API and streamline collaboration you... Offers upto Rs.1000/- off website prices on subscriptions + Gift card worth Rs 500/- from Eatbetterco.com want categories. This means, during the course of the campus every week on Thursdays, and number... Build a product that would stand the test of time. `` allow to! $ 5.1 billion by 2023 or product firm MarketsandMarkets, the Postman API 's! A backend system for hosting those panoramas and RackSpace was used for storage a marketing team 12... And integration RackSpace was used for storage device and internet connection, like your IP,! Your age straight from abhinav in this full video Code extension convinced Ankit leave. For your comment, we value your opinion and the time you took to write to us 2-year company... Subscriptions + Gift card worth Rs 500/- from Eatbetterco.com for Postman as a tool for testers! A web application of Investments 4 abhinav Asthana is Co-founder and CEO is abhinav Asthana, for a year the... Postman API Platform reached a milestone of more than 20 million users, and Asthana his! Issue of Forbes India National University of Singapore and some other clients used by millions of across... It up on the Chrome WebStore from other services hiring engineers, designers, and popularity. Up on the store, and scaling its partnerships $ 4 billion in June CEO of Postman as a and. 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