In June last year, it raised $50 million as a part of its Series B round, led by CRV and from existing investor Nexus. Market Research. And basically, my dad told me if I am going to game on it all the time, he is not going to allow that. 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. Most of those findings are in our, Postman continues to evolve towards our vision of building the API-first world at a rapid pace. Founder and CEO. Advanced. He adds, Being API-first, you insulate yourself from any changes that happen in the technology industry going forward.. 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. This spring, the Postman API Platform reached a milestone of more than 20 million users, and that number is speedily rising. He also believes that all existing data stores and legacy applications will come in this ecosystem of APIs. IMAGE: From left to right: Abhinav Asthana, Postman's CEO and co-founder, Ankit Sobti, and Abhijit Kane. What is your vision for Postman as a tool for API testers? The system was similar to StackOverFlow. Plus, he revealed some fun factscan you guess what video games hes currently playing? Abhinav Asthana is the Co-Founder and CEO of Postman. Abhinav says. 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. The team started building a product around BITS360. Abhinav decided to skip the campus placement process and started up with Vineet and another friend. In his second year of college, Abhinav and three of his friends formed GrayScale to make money from building websites and applications. "We just knew we were solving a real fundamental problem," Asthana said. 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. But he still keeps his son in check, ensuring his feet remain firmly on the ground. Abhinav Asthana Forbes Councils Member | COUNCIL POST | Membership (fee-based) ABOUT CEO & Co-Founder of Postman, the complete API development environment. 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.. What he didn't know then was his son would get hooked as well. For most entrepreneurs and startups, fundraising can be a real pain. Be sure not to miss our livestreams by following us or subscribing on any of these platforms: Joyce is the head of developer relations at Postman. . Soon, Abhinavs Co-founders Abhijit Kane and Ankit Sobti joined him, and in 2014, the trio launched the startup formally. 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. In 2022, Postman revenue run rate hit$102.7M in revenue. The German software giant aims to double its investments in India over the next five years. Postman CEO Abhinav Ansthana says they've grown to a team size of 407 since launch in 2014 and have raised $433M in funding. 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. He says, We created an entire virtual tour of the campus. Dont miss out on ET Prime stories! The stack now is much more complicated. Postman's key executives include Abhinav Asthana and 2 others. It was created by Abhinav Asthana, a former Yahoo intern who found it difficult to develop and test APIs. Working for companies, as. To visit our Archives, click here. Source. 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. Ankit and Abhinav had met while working together at Yahoo, and he and Abhijit had met at TeliportMe. Hear the Postman origin. S5; 15 June, 2021; Abhinav Asthana grew up in several small towns in the northern part of India. Other types of secure messaging available upon request. 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. The duo, with Abhijit Kane (third co-founder), started building the next version of Postman. The team created a project called Postman runtime to share its work in open source. Postman API The forum was based on PHP bulletin board, which Abhinav was familiar with. The startup, from its inception, resolved to build a product that would stand the test of time. 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. There was a backend system for hosting those panoramas and RackSpace was used for storage. 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 Postman API Platform's features simplify each step of building an API and streamline collaboration so you can create better APIsfaster. 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. WhatsApp messages run through APIs, and the list is really endless. Abhinavs father, who taught him programming, was in the civil services and because of his transferable job, the Postman CEO grew in small towns all over UP. The team built a set of systems and algorithms that would allow people to effectively map the world around them. An interview with Abhinav Asthana, Founder and CEO - Postman By Jyotsana Gupta on August 27, 2018 2 Comments / 3463 views. . Tell us more about it. If youre a developer, then the word Postman rings an altogether different bell in your mind. He recalls. Why out of all the options in the world were people choosing this? India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. Here's how the Microsoft-owned platform cracked the India growth story. 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. In this interview, Shradha Sharma talks with Abhinav Asthana on his humble beginning and the journey of Postman's success - the man that made it from Basti (a small town in Uttar Pradesh) to San Francisco Bay Area, while building Postman - now valued at $5.6Bn! 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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. ( 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. Abhinavs father, who got him that first computer and taught him programming, is a proud parent, as is his mother. Soon, Abhinav's interest turned towards building websites, and he taught himselfHTML, CSS, Flash, PHP during Class 7th and 8th. 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. 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. 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. 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. They wanted it to become better, they were using it, recommending it. 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. Its core audience includes individual software developers across the world, as well as companies with software development teams. Updated: Jan 5, 2022 07:04:20 PM IST . Then internet happened and showed the vast amount of knowledge one could gain in the programming world. The study was distributed to the entire . Abhijit Kane. In 2016, the startup raised $1 million in seed funding from Nexus Venture Partners. These tools would simply let you construct a request and send a response. Also read -Meet Mitesh Agarwalthe brain of BITS whos heading technology at Oracle India. At 13, Abhinav, along with this group, started designing websites and taking up web application projects. 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. 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 /. 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. This helped Abhinav get $200 a month from a few companies who were ready to sponsor Postman as a project if their logo was visible on the website. properties where the data would come to their systems and then could be queried and linked. Postman is a system for API collaboration. Founder and CTO. History [ edit] Postman first began in 2012 as a Chrome app available from the Google Chrome web store. Suhem Parack Sr. 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. Abhinav is an experienced developer and entrepreneur. It had that user love, a community that was coming around it, and people wanted the product. He adds that the coronavirus pandemic and its economic impacts have not affected Postman's adoption and customer growth. So, I had to do something else and that became programming, and at the time, internet was just kind of taking off in India. 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. Other executives include Ankit Sobti, Founder and CTO; Abhijit Kane, Co-founder. 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 . Postman, whose platform lets developers collaborate and build APIs, has raised $150 million in a round of funding led by Insight Partners. Joyce is the head of developer relations at Postman. By Harichandan Arakali, Forbes India Staff . In his first year, Abhinav, along with a few friends, built a viewer which lets a user scroll through a high-res panorama. Check out our Festive offers upto Rs.1000/- off website prices on subscriptions + Gift card worth Rs 500/- from Eatbetterco.com. His long-term product decisions are driven by the goal. Abhinav Asthana CEO and Founder at Postman Recently I had the opportunity to interview Abhinav Asthana from Postmanfor the ongoing series: CEOs Share Leadership Strategies To Improve Your. Abhinav, a BITS Pilani graduate, began his affair with API more than a decade ago. Postman cofounders Abhijit Kane, Abhinav Asthana and Ankit Sobti (L-R). Historically, people have created their own REST client to solve their problems, so the concept of Postman as a REST client isnt new. That has led to an increasing amount of ambition.". Postman is the complete toolchain for API developers, used by more than 3 million developers and 30,000 companies worldwide. The Yahoo! Thank you for your comment, we value your opinion and the time you took to write to us! Smartphones were becoming popular then, so they teamported the entire thing onto the smartphone. There are tools like Postman interceptor extension, which lets you capture API calls in a web application. [YourStory Inspirations] How Vidya Balan, a Bollywood outsider, changed the narrative in a male-centric industry, CRED Founder Kunal Shah draws Rs 15,000 per month, NoBroker grabs additional Rs 40 Cr in Series E funding; to collaborate with Google, Simple Viral Games raises Rs 4 crore from WEH Ventures, PointOne Capital, others, Bill Gates congratulates government on Ayushman Bharat; PM thanks him, SoftBank sells shares worth Rs 954 Cr in Delhivery, Indian tech industrys revenue to reach $245B in FY23, adds 2.9 lakh new jobs: NASSCOM, Swiggy, Zomato flag 'misinterpretation' of bike-taxi ban order by Delhi RTO. to build a good, quality product from India. Around this time, he was introduced to VineetDevaiah, who was studying at Cornell University, and together they started building multiple things. 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. According to research firm MarketsandMarkets, the API management market is estimated to touch $5.1 billion by 2023. Interestingly enough, Postman never went to investors; instead, they came calling. 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. Find Abhinav Asthana's articles, email address, contact information, Twitter and more. He now knows better and goes by his own intuition and learning. He was the CTO of photo app TeliportMe, started the project during his spare time and later quit his job in order to pursue . He wanted to find a way to streamline the API development and update process. Abhinav Asthana is the Co-Founder and CEO of Postman. . Greater Delhi Area 2K followers 500+ connections Join to view profile Postman (API Tools) Birla Institute of Technology and Science, Pilani Experience Co. Developer Advocate Twitter 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. 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. . Abhinav says, Companies are also part of the problem because they filter resumes based on keywords and buzzwords.. 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. 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. Abhinav avoids the hardest question about his regrets. 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. Announcing Postman 2023 Product and Versioning Updatesand VS Code Extension. 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. Postman boasts of a four-million user base and has two million monthly active users. 3 Key Things. 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