The Official Saastr Podcast -00:0023:44 Industry News He Sold His Last Business For $200 Million And Now Raised $70 Million To Enable Banks To Innovate - Alejandro Cremades 8 Best B2B SaaS YouTube Channels Other types of secure messaging available upon request. About. 6 Companies in Career N/A Related Markets 4 Colleagues N/A Related Investments Aliases N/A industry Internet Publishing and Broadcasting and Web Search Portals tags Smoke without 5ire? 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. Search for what you want, categories, tags, keywords, authors, events, anything under YourStory. [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. 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. 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. All the applications are powered by specialized APIs for specific . The company is going to go deeper into the things that can be done with an APItesting, documentation, monitoring and integration. In 2020, Postman raised $150 million in its Series C funding at a valuation of $2 billion. APIs allow apps to communicate with, and include features from, other services: For example, an app may use Facebook or Google's APIs to allow users log in through those other accounts. 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. The startup, from its inception, resolved to build a product that would stand the test of time. Postman recently set up operations in Austin and San Francisco in the United States, a key developer market. Later, he joined the Centre for Software Development in the college well. We see growth in all of them.. Postman is privately held, with funding from Insight Partners, Nexus Venture Partners, and CRV. Postman counts some of the largest organisations in the world, including Microsoft, Sony, Real Networks, Box and Netflix, as users of its platforms.We are very bullish about the company and feel that it can possibly be one of the best software startups to come out from India, says Sameer Brij Verma, director, Nexus Venture Partners. The company was still using scripting to upload the files and the RabbitMQ queuing system. In this article, I share my interview with Abhinav Asthana, the CEO and creator of Postman, a wildly popular API development, documentation, and testing product. 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. Working for companies, as. Monitoring as a product will have multi-region monitoring and on-premises monitoring,which you can connect to a cloud-based system. 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. Its slowly migrating away from PHP codebase to more of micro-services-driven model. However, he confidently added that a week after the said product is out, Postman would still be better because it is constantly listening to developers across the world and updating its platform. YourStory spoke to Abhinav to know more about his tryst with APIs and technology. 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. With this idea they raised $400,000 in seed funding and called their company Teliportme. Related read -How a marketing and sales person ended up as a digital czarAshish Guptas story. Postman currently streams every week on Thursdays, and we host live Office Hours once a month on Tuesdays. On the backend, Abhinav used PHP. According to research firm MarketsandMarkets, the API management market is estimated to touch $5.1 billion by 2023. For example, as a virtual tour software or a real estate promotional software. 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. Postman alllows developers to create and . 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. Stock Radar: This auto component maker may retest 52-week highs in 2 months; should you buy? Learn how your comment data is processed. Postman, the most-valuable Indian SaaS unicorn at $5.6 billion, sees growth coming in from traditional sectors such as banking, retail, ad-tech, and automotive industries even as the tech sector looks at mass layoffs and cost cuts, the company's chief executive Abhinav Asthana told us in an interview. Tell us more about it. We started working together on this. However, he declined the offer and decided to let ExamCrunch brew for some more time. "We just knew we were solving a real fundamental problem," Asthana said. What bound them together was their skills in writing code and their love of gaming.In 2009, Asthana had enrolled for a six-month internship at the Yahoo R&D centre in Bengaluru, where he met Sobti. Postman Postman 2013 Abhinav Asthana API Abhinav Asthana Ankit Sobti Abhijit Kane Postman Inc. He started consulting on design and development for a set of projects. 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. On reaching the campus, he signed up for the forum. He recalls. He now knows better and goes by his own intuition and learning. . . Jobs Number of Current Jobs 1 Number of Past Jobs 1 They have 500000 customers an engineering team of 146 and a marketing team of 12. PLAN, Yearly Abhinav Asthana api platform cloud computing developers Insight Partners Jeff Horing postman Transportation South African car subscription service Planet42 raises $100M equity, debt Tage. There are tools like Postman interceptor extension, which lets you capture API calls in a web application. 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 decided to rewrite Postman and build it further. 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. Essentially, we discovered that every piece of software that you are using today is an API or uses API, Abhinav said. Abhinav Asthana is Co-founder and CEO of Postman, an API development platform used by millions of developers across the globe. +Includes DocuBay and TimesPrime Membership. The viewer was built using Flash and ActionScript, and PHP was used in the backend. They made some money and Abhinav got an $80 cheque while still in Class 9. "We call this the 'developer first mentality.' 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 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 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. ( 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. The company plans to invest the new funding in hiring engineers, designers, and salespeople, and scaling its partnerships. In his second year of college, Abhinav and three of his friends formed GrayScale to make money from building websites and applications. Ep 22: The Multi-Billion Dollar SaaS Growth Story - Abhinav Asthana, Co-founder of Postman. 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. View all posts by Joyce. It allows users to test APIs with collections of requests, monitor the API responses, and visualize the query results. A couple of those towns were Basti, 150 miles from the capital. Abhinav says. By now, he was completely hooked to the computer and programming. We have shipped hundreds of improvements. 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. 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. "What we had been advocating was a good way to build software. Postman uses JavaScript on the client side and NodeJS on the server side. Joyce welcomes the CEO and co-founder of Postman, Abhinav Asthana, for a special AMA. 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. Postman Founder & CEO Abhinav Asthana (PR pitches by email only, please.) Abhinav Asthana, Ankit Sobti and Abhijit Kane were not fast friends when they decided to start Postman. He says, We were two of us in Lakhimpur, one guy each in the UK, the US and New Zealand.. The interface was in Java. 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. At Postman, we believe the future will be built with APIs. CEO and Founder, Postman (@getpostman) . Most of those findings are in our, Postman continues to evolve towards our vision of building the API-first world at a rapid pace. You can change your choices at any time by visiting your privacy controls. . The duo couldn't come to a consensus and Abhinav decided to move on to try new things. So, I had to do something else and that became programming, and at the time, internet was just kind of taking off in India. And for me, from an Indian perspective, it was important to prove that great products could be built out of India, Abhinav said. He was the CTO of photo app TeliportMe. 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. In June last year, it raised $50 million as a part of its Series B round, led by CRV and from existing investor Nexus. Combined with the highest awareness among API developers, as measured by the company's 2019 brand recognition survey, and key solution . The tool Abhinav Asthana built for himself as a side-project became Postman. Watch what happened and hear straight from Abhinav in this full video. We, TechCrunch, are part of the Yahoo family of brands. 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. 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're intent on listening to developers," Asthana said. "What we're getting from customers is so phenomenal: how individual developers love it. The findings from the 2018 Postman Community Report (aka 2018 State of the API Survey) is available here. The tool got a few thousand users organically who gave feedback as well. He says his goal is for Postman to become the API platform for every company. So, I got connected to people across a bunch of forums and we started building websites.. Our bug tracker is open. He says. A . 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. Existing investors CRV and Nexus Venture Partners also participated in the round. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. 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.. Hence, the Nexus VP decision came through.. 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. Postman boasts of a four-million user base and has two million monthly active users. Postman is the complete toolchain for API developers, used by more than 3 million developers and 30,000 companies worldwide. 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. At 13, Abhinav, along with this group, started designing websites and taking up web application projects. His family moved to Lucknow and for a year, he paused all his projects. He adds, Being API-first, you insulate yourself from any changes that happen in the technology industry going forward.. Personal Investments Number of Investments 4 Abhinav Asthana has made 4 investments. 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! 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. In 2013, I decided TeliportMe was not what I wanted to do even though I was very passionate about building a company. "We found ourselves in a good place," Asthana said. Plus, he revealed some fun factscan you guess what video games hes currently playing? Even Abhinav has fallen into the trap of new technology and since then he (and his team) is more cautious about certain technology choices. Why are so many SaaS founders taking money from Founderpath.com instead of VC`s? click here! He wanted to find a way to streamline the API development and update process. Abhinav Asthana is Co-founder and CEO of Postman, an API development platform used by millions of developers across the globe. Get your daily dose of business updates on WhatsApp. Abhinav Asthana is the founder of Postman and he joins . I hosted the forum by using my father's credit card to buy the server space and domain!. It was called 360 and we kind of productised it and put it on a phone app and so that was fun.. Culinary magician who specializes in tacos and boba. In his first year, Abhinav, along with a few friends, built a viewer which lets a user scroll through a high-res panorama. That has led to an increasing amount of ambition.". India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. 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