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. On the higher end, Postman Pat Official could earn as much as $238.95 thousand a year. Abhinav Asthana is the Co-Founder and CEO of Postman. Asthana says that Postman is committed to helping developers in any way they need as the number of APIs increases because of their importance in building apps. 3 Key Things. What do you think about this topic? He started interviewing senior architects across industries to learn more about how their companies worked with and collaborated on APIs. And for me, from an Indian perspective, it was important to prove that great products could be built out of India, Abhinav said. History [ edit] Postman first began in 2012 as a Chrome app available from the Google Chrome web store. 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. Postman's key executives include Abhinav Asthana and 2 others. Learn how your comment data is processed. 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. Suhem Parack Sr. They have 500000 customers an engineering team of 146 and a marketing team of 12. The duo couldn't come to a consensus and Abhinav decided to move on to try new things. Our website, as you may have guessed, is at postman.com..Postman is the only complete API development environment, for API developers, used by more than 5 million developers and 100,000 companies worldwide. 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 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. 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. Stay up to date with what you want to know. The viewer was built using Flash and ActionScript, and PHP was used in the backend. Postman was formally set up in October 2014, with a seed funding of a million dollars. Postman makes working with APIs faster and easier by supporting developers at every stage of their wor.postman.com. (Photo caption from left to right, Ankit Sobti, Abhinav Asthana, and Abhijit Kane) Our values (This story appears in the 19 February, 2016 issue of Forbes India. Search for what you want, categories, tags, keywords, authors, events, anything under YourStory. That has led to an increasing amount of ambition.". Why are so many SaaS founders taking money from Founderpath.com instead of VC`s? 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, a BITS Pilani graduate, began his affair with API more than a decade ago. He adds that the coronavirus pandemic and its economic impacts have not affected Postman's adoption and customer growth. Contact this reporter via email atrmchan@businessinsider.com, Signal at646.376.6106,Telegram at @rosaliechan, orTwitter DM at@rosaliechan17. During a recent conversation with YourStory Founder and CEO Shradha Sharma, Abhinav fondly reminisced, We got our first computer when I was in Class 5. 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 /. Abhinav Asthana is the Co-Founder and CEO of Postman. 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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. "We're intent on listening to developers," Asthana said. 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. An API, simply put, specifies how software components should interact and allows applications to communicate with each other. He says. He was the CTO of photo app TeliportMe. 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. 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. Coder, thinker, writer. Postman is a system for API collaboration. Postman wants to enable all kinds of APIs (and their use cases) and protocols. Postman is using AWS services like Beanstalk, VPC s and RDS. Days Trial Lots of excitement and there was a dial-up internet thing in the early 2000s, if you remember. In his second year of college, Abhinav and three of his friends formed GrayScale to make money from building websites and applications. He also believes that all existing data stores and legacy applications will come in this ecosystem of APIs. As the app's usage grew, Abhinav recruited former colleagues Ankit Sobti and Abhijit Kane to help create Postman Inc. On the backend, Abhinav used PHP. 2499 1749, Monthly Over the past few months, Postman has launched mock servers, monitors, documentation,all integrated very closely. Get your daily dose of business updates on WhatsApp. 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. 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.. Since Last year I shifted to the latest version(which is even better) and I had no idea it is backed by ventures and this actually is a startup until I read this article. Dealing with Application Programming Interface (API) has become much simpler with Postman, a complete toolchain for API development. . 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. "It started from a pain point of me wanting to develop APIs and work with my coworkers better," Asthana said. WhatsApp messages run through APIs, and the list is really endless. But they started getting a lot of VC interest. So, we would just google Postman on the web and tell people that we can take a screenshot of this and put in a pitch deck but you can do that yourself.. Abhinav began working with computers at an early age. Watch what happened and hear straight from Abhinav in this full video. He says his goal is for Postman to become the API platform for every company. Abhinav decided to rewrite Postman and build it further. Abhinav says. Abhinav Asthana, CEO & Co-Founder, Postman CE: We learned that you co-founded few companies including - BITS360, Grayscale Design and TeliportMe. It was the first Pentium I PC. Source. What is your vision for Postman as a tool for API testers? Postman's Founder and CEO is Abhinav Asthana. He's been a com. Abhinav Asthana. 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. Co-Founder at Postman (we're hiring!) 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. 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. Abhinav is an experienced developer and entrepreneur. +Includes DocuBay and TimesPrime Membership. What bound them together was their skills in writing code and their love of gaming. Soon, Abhinav's interest turned towards building websites, and he taught himselfHTML, CSS, Flash, PHP during Class 7th and 8th. 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. 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 viewer was changed from ActionScript to OpenGL-based viewer, in native C code. It's simple and user-friendly interface became wildly popular, and Asthana and his co-founders Abhijit Kane and. So, I got connected to people across a bunch of forums and we started building websites.. Postman, whose platform lets developers collaborate and build APIs, has raised $150 million in a round of funding led by Insight Partners. 15 Abhinav says, He believes that APIs will be the fundamental construct in the first point while building any service or product. . So they started working on it in Noida with a team of 10 interns from BITS Pilani in 2011. Since then, Asthana says Postman has become the "de facto standard" for APIs. The company is going to go deeper into the things that can be done with an APItesting, documentation, monitoring and integration. - Favorite CEO? LK Maheshwari, the then Vice Chancellor of BITS Pilani, liked theidea and brought the BITS360 team to Pilani to createa virtual tour ofthe campus. Postman actually launched as a company in 2014. 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. Dont miss out on ET Prime stories! On Thursday, the developer platform Postman announced that it closed a $150 million Series C funding round at a $2 billion valuation. They were flooded with projects, and people sought Abhinav's expertise for individual projects as well. 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. 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. Abhinav and Vineet built a virtual tour for National University of Singapore and some other clients. Refresh the page, check Medium 's site status, or find something interesting to read. A . Abhinav Asthana Forbes Councils Member | COUNCIL POST | Membership (fee-based) ABOUT CEO & Co-Founder of Postman, the complete API development environment. 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. He resumed programming in class 11. One of the things they built was ExamCrunch, which was like Quora for students planning to do an MS or a PhD in the US. "What we're getting from customers is so phenomenal: how individual developers love it. Postman provides a platform that helps software developers accelerate the development process through collaboration with various stakeholders. The startup that began as a side project for Abhinav in 2012, raised $150 million last month at a valuation of $2 billion to enter the elite unicorn club. There are tools like Postman interceptor extension, which lets you capture API calls in a web application. 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 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. Most of those findings are in our, Postman continues to evolve towards our vision of building the API-first world at a rapid pace. Announcing Postman 2023 Product and Versioning Updatesand VS Code Extension. "We just knew we were solving a real fundamental problem," Asthana said. Its founders believe that APIs are the fundamental building blocks of technology, going forward. 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. So, it makes sense that our team has been working tirelessly to meet the growing demand with more feature releases and our most advanced . Initially available for free, Postman also launched a cloud-based paid platform last December; 300 companies are now registered on this.The venture has a 17-member team (including its co-founders) of which 12 are in core development. We talk about the humble beginnings of this fast-growing product and some late-breaking new features in Postman. 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. The startup, from its inception, resolved to build a product that would stand the test of time. 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. Deeper into the things that can be done with an APItesting, documentation all. And the list is really endless Co-Founder and CEO of Postman pandemic and economic... Resolved to build on BITS360 and fine-tune it status, or find something interesting to read helps! Co-Founder at Postman ( we & # x27 ; s site status, or find something to! 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