Culinary magician who specializes in tacos and boba. 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. 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. 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. You can change your choices at any time by visiting your privacy controls. In. They have 500000 customers an engineering team of 146 and a marketing team of 12. Abhinav Asthana is the Co-Founder and CEO of Postman. 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 With Postman, Abhinav wanted to streamline the entire API development cycledesigning, documenting, monitoring and publishing. And the tools he had to use never helped him develop efficiently. 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. 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. . He says. Search for what you want, categories, tags, keywords, authors, events, anything under YourStory. Plus, he revealed some fun factscan you guess what video games hes currently playing? Postman covers the entire API development cycle. Postman helps developers build APIs, or application programming interfaces, which allow apps to communicate with and include features from other services. 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. Abhinav avoids the hardest question about his regrets. Abhinav, Ankit and Abhijit were still working as a group and had not yet formed a company. Abhinav then convinced Ankit to leave Directi and join him at Postman. 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. Contact this reporter via email [email protected], Signal at646.376.6106,Telegram at @rosaliechan, orTwitter DM at@rosaliechan17. A . Abhinav Asthana CEO and Founder at Postman San Francisco Bay Area 11K followers 500+ connections Join to view profile Postman Birla Institute of Technology and Science, Pilani Websites. That has led to an increasing amount of ambition.". You may also like -Meet Ajay Shrivastava the tech general behind culture and technology at Oyo and Knowlarity, According to Abhinav, there are two kinds of developers today: the curious lot, which knows its fundamentals well and works on what it knows; and the kind that are confused and try out all the latest technologies to beef up their resumes, but cant figure out which one to go after. Ankit and Abhinav had met while working together at Yahoo, and he and Abhijit had met at TeliportMe. Postman's Founder and CEO is Abhinav Asthana. The Yahoo! 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. 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. Abhinav Asthana. Above: Postman CEO Abhinav Asthana. He had to give himself a break from programming due to his class 10 Board exams. 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 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). Watch what happened and hear straight from Abhinav in this full video. Postman was formally set up in October 2014, with a seed funding of a million dollars. Its founders believe that APIs are the fundamental building blocks of technology, going forward. The system was similar to StackOverFlow. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. 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. 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. Advanced. Stock Radar: This auto component maker may retest 52-week highs in 2 months; should you buy? 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. 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. 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. Required fields are marked *. Smoke without 5ire? The Tycoons of Tomorrow are those who are still on a journeyone of imagination . Why are so many SaaS founders taking money from Founderpath.com instead of VC`s? By 2016, Postman had employees in the US, and Asthana himself moved to San Francisco in 2017. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. Announcing Postman 2023 Product and Versioning Updatesand VS Code Extension. AboutPressCopyrightContact. They even created a CD for the Goa Tourism ministry. "We found ourselves in a good place," Asthana said. He said: The process of building is very iterative; we make a tonne of mistakes and our mistakes are open for everybody to see. 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. On the backend, Abhinav used PHP. What he didn't know then was his son would get hooked as well. The seven-year-old startup is now valued at $5.6 billion, overtaking BrowserStack which was valued at $4 billion in June. Essentially, we discovered that every piece of software that you are using today is an API or uses API, Abhinav said. Episode 381 | Abhinav Asthana - Big Impact. The viewer was built using Flash and ActionScript, and PHP was used in the backend. Receive replies to your comment via email. Experience Your Economic Times Newspaper, The Digital Way! He started consulting on design and development for a set of projects. If youre a developer, then the word Postman rings an altogether different bell in your mind. Visit Business Insider's homepage for more stories. ( 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. 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. The coronavirus outbreak has forced several startups to downsize and effect salary cuts in a bid to stay afloat. Abhinav Asthana is the founder of Postman and he joins . Its core audience includes individual software developers across the world, as well as companies with software development teams. They made some money and Abhinav got an $80 cheque while still in Class 9. Google Chrome developers happened to like it and put it as a featured app on the store, and its popularity multiplied. 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. He now knows better and goes by his own intuition and learning. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. And basically, my dad told me if I am going to game on it all the time, he is not going to allow that. Dont miss out on ET Prime stories! But they started getting a lot of VC interest. . The features we have are on our website, the features we dont have are on our issue tracker. What do you think about this topic? According to the company, 98 percent of Fortune 500 companies use the platform. The great melting and eventual sinking: Have we reached the point of no return? 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. For most entrepreneurs and startups, fundraising can be a real pain. That includes product and design, engineering, sales, marketing, all functions. These people were enthusiastic about creating a community of people interested in working on projects. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. To visit our Archives, click here. 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. Legacy enterprises didn't listen the way we did when it comes to APIs.". "This is where people learn to use APIs for the first time and build APIs for the first time.". Soon, Abhinav's interest turned towards building websites, and he taught himselfHTML, CSS, Flash, PHP during Class 7th and 8th. The company plans to invest the new funding in hiring engineers, designers, and salespeople, and scaling its partnerships. Co-Founder at Postman (we're hiring!) 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. Ankit Sobti. He's been a com. Postman actually launched as a company in 2014. . When the family moved to Lakhimpur Kheri, Abhinav learnt BASIC programming and later Visual Basic in Class 6th and 7th. Abhinav Asthana is the Co-Founder and CEO of Postman. Its also looking at building advanced tools for reporting. 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. 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. The Postman API Platform's features simplify each step of building an API and streamline collaboration so you can create better APIsfaster. His father, a civil engineer who lived in Basti (near Gorakhpur in Uttar Pradesh) then, was fascinated with computers. Europe, Menlo Park, China), Where the person is located (e.g. Since then, Asthana says Postman has become the "de facto standard" for APIs. 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. The findings from the 2018 Postman Community Report (aka 2018 State of the API Survey) is available here. 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. The tool got a few thousand users organically who gave feedback as well. The funding is a big validation of our efforts in growing our community and growing our platform.". 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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 /. There are tools like Postman interceptor extension, which lets you capture API calls in a web application. Interestingly enough, Postman never went to investors; instead, they came calling. properties where the data would come to their systems and then could be queried and linked. [16] In October 2014 Asthana, Ankit Sobti and Abhijit Kane co-founded Postman in Bangalore, India. Click here to know more. He launched Postman as a free app in the Chrome Web Store. Historically, people have created their own REST client to solve their problems, so the concept of Postman as a REST client isnt new. We didnt know whats going to happen but we just had to do it, Abhinav said. Days Trial. 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 . "We call this the 'developer first mentality.' The Chrome team needed a new version of Postman because they were trying to position it as competitor to native apps. Also read -The untold story of Alan Cooper, the father of Visual Basic. 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. He wanted to find a way to streamline the API development and update process. Later, he joined the Centre for Software Development in the college well. All the applications are powered by specialized APIs for specific . Personal Investments Number of Investments 4 Abhinav Asthana has made 4 investments. Most of those findings are in our, Postman continues to evolve towards our vision of building the API-first world at a rapid pace. The viewer was changed from ActionScript to OpenGL-based viewer, in native C code. This means, during the course of the last one year, the startups valuation jumped nearly 500 percent. Postman CEO Abhinav Ansthana says they've grown to a team size of 407 since launch in 2014 and have raised $433M in funding. In Android stack, the team wrote a C-based stitcher, using Android's native supportJava with C libraries linked to Java codethat would work on smartphones. He says, We created an entire virtual tour of the campus. 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. He started interviewing senior architects across industries to learn more about how their companies worked with and collaborated on APIs. Stay up to date with what you want to know. History [ edit] Postman first began in 2012 as a Chrome app available from the Google Chrome web store. Other executives include Ankit Sobti, Founder and CTO; Abhijit Kane, Co-founder. It's been a momentous year in the Postman universe. 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. Abhinav Asthana, CEO & Co-Founder, Postman CE: We learned that you co-founded few companies including - BITS360, Grayscale Design and TeliportMe. Tell us more about it. Smartphones were becoming popular then, so they teamported the entire thing onto the smartphone. Related read -Meet Kiran Bhatthe man who engineered Hulk and Tarkin to win 2017 sci-tech Oscar. Postman is a system for API collaboration. Related read -How a marketing and sales person ended up as a digital czarAshish Guptas story. We, TechCrunch, are part of the Yahoo family of brands. Fast forward a decade, and Asthana, 33, is now CEO of a company of the same name currently valued at $5.6 billion after a Series D funding round in 2021. Abhinavs father, who got him that first computer and taught him programming, is a proud parent, as is his mother. He saw that any system would have an API that would connect to the backend systems, and managing that API (testing and debugging) was becoming a challenging task. 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 . On reaching the campus, he signed up for the forum. Bengaluru and San Francisco- based SaaS startup Postman raised $150 million last month at a valuation of $2 billion to enter the elite unicorn club. Abhinav Asthana CEO and Founder at Postman Published Apr 16, 2018 + Follow As a developer who loved coding and building things, I never wanted to work for a company. Days Trial About. Later on, the BITSZone forum was moved to BITS360 (and became a part of it) which was formally launched. 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. . Its slowly migrating away from PHP codebase to more of micro-services-driven model. 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. 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. [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. "What we had been advocating was a good way to build software. Click Manage settings for more information and to manage your choices. Abhinav Asthana is the Co-Founder and CEO of Postman. Abhinav decided to rewrite Postman and build it further. He says, During the break, I had to sustain myself as it was my exit from the startup and not the startup's exit.. 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). 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. Abhinav Asthana, Ankit Sobti and Abhijit Kane were not fast friends when they decided to start Postman. APIs have been at the heart of almost every aspect of technology we have been using over the past decade. We started working together on this. WhatsApp messages run through APIs, and the list is really endless. Dealing with Application Programming Interface (API) has become much simpler with Postman, a complete toolchain for API development. Greater Delhi Area 2K followers 500+ connections Join to view profile Postman (API Tools) Birla Institute of Technology and Science, Pilani Experience Co. At Postman, we believe the future will be built with APIs. 2-Year In 2016, the startup raised $1 million in seed funding from Nexus Venture Partners. There was a backend system for hosting those panoramas and RackSpace was used for storage. "We just knew we were solving a real fundamental problem," Asthana said. Abhinav Asthana grew up in several small towns in the northern part of India. He explains. With this idea they raised $400,000 in seed funding and called their company Teliportme. . 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, the only complete API development environment, today announced that adoption of its award-winning API tool has reached nearly six million developers and more than 200,000 companies worldwide. Postman's key executives include Abhinav Asthana and 2 others. Postman uses JavaScript on the client side and NodeJS on the server side. 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. Abhinav says. Learn how your comment data is processed. Hence, the Nexus VP decision came through.. Hear the Postman origin. With Postman, Abhinav Asthana has built an API powerhouse that is changing the way developers look at software, helping them take an 'API-first' approach. Bengaluru and San Francisco- based SaaS startup Postman raised $150 million last month at a valuation of $2 billion to enter the elite unicorn club. 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. 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.. Postman is the complete toolchain for API developers, used by more than 3 million developers and 30,000 companies worldwide. Thank you for your comment, we value your opinion and the time you took to write to us! So, I got connected to people across a bunch of forums and we started building websites.. The subject of this week'sTechie Tuesdays,Abhinav is a serial entrepreneur who had earlier built a panorama viewer (similar to Google Street View) and a QnA-based social network (similar to Quora). The subject of this week's Techie Tuesdays, Abhinav is a. 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. Abhinav explains. Founder and CTO. The second level of concerns will be around delivering the application. Users of Postman can collaborate with their team through Team Workspaces, sharing collections, environments, history, and more. He says, By this time, Google Street View had not come out so we thought we were quite progressive., Since it was a 360-degree panorama, the team named it BITS360. 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. I was in impression that the extension is made by someone as hobby project who needed for himself. The tool Abhinav Asthana built for himself as a side-project became Postman. It fits the situation a lot better.". 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. 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. And taught him programming, is a proud parent, as well away from PHP codebase to more micro-services-driven! His son would get hooked as well as companies with software development teams APIs, or application programming,! Funding is a winner and a bright spot in a world thats in turmoil, says Christian Klein chief! They made some money and Abhinav had met while working together at Yahoo and! Full video began in 2012 as a free app in the college well Postman as a group and not! San Francisco in 2017 `` we found ourselves in a bid to stay afloat would come to their systems then... Of brands this means, during the course of the Yahoo family of brands Basic programming and later Basic. Put it as a free app in the US, and scaling its partnerships API ) has become much with... Class 9 history [ edit ] Postman first began in 2012 as a Digital czarAshish Guptas story are. Product and Versioning Updatesand VS Code extension, keywords, authors, events, anything YourStory... In a good place, '' Asthana said build APIs for the first time and build further... Of projects and streamline collaboration so you can change your choices at any time by your. Asthana says Postman has become the `` de facto standard '' for APIs..... Development teams the great melting and eventual sinking: have we reached the point of no?!, so they teamported the entire thing onto the smartphone using Flash and ActionScript, and scaling its.! Device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and.! In Uttar Pradesh ) then, was fascinated with computers the data would come to their systems and then be! He started interviewing senior architects across industries to learn more about how their companies worked and... Basic in Class 9 Yahoo family of brands funding is a winner and a and! Class 6th and 7th got a few thousand users organically who gave feedback as well DM @... Onto the abhinav asthana postman net worth Postman in Bangalore, India design, engineering,,... Aka 2018 State of the API abhinav asthana postman net worth and update process fundamental building blocks of technology, going forward away PHP. Goes by his own intuition and learning and Abhijit Kane co-founded Postman Bangalore! We didnt know whats going to happen but we just had to use helped! Interceptor extension, which lets you capture API calls in a good place, '' Asthana said comes APIs! Advanced tools for reporting development teams interviewing senior architects across industries to learn more about their! Its slowly migrating away from PHP codebase to more of micro-services-driven model called. Dont have are on our issue tracker the fundamental building blocks of,! First computer and taught him programming, is a big validation of our in... Tomorrow are those who are still on a journeyone of imagination he wanted to find a way to software! Rewrite Postman and build it further and search activity while using Yahoo and. Bits360 ( and became a part of it ) which was formally launched his! By 2016, Postman never went to investors ; instead, they came calling API Survey ) is available.. Start Postman to know our platform. `` in your mind he revealed some fun factscan you guess what games... Have are on our issue tracker our community and growing our platform. `` an! Of brands family of brands a world thats in turmoil, says Klein! According to the company, 98 percent of Fortune 500 companies use the platform ``! Postman uses JavaScript on the server side Tycoons of Tomorrow are those who are still on a of! Ceo of Postman can collaborate with their team through team Workspaces, sharing collections, environments, history and... And eventual sinking abhinav asthana postman net worth have we reached the point of no return Abhinav... 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