The company has built a real-time collaborative system usingweb sockets as communication protocol (using SalesJS as a framework). Abhinavs father, who got him that first computer and taught him programming, is a proud parent, as is his mother. Its founders believe that APIs are the fundamental building blocks of technology, going forward. The German software giant aims to double its investments in India over the next five years. 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. Later on, the BITSZone forum was moved to BITS360 (and became a part of it) which was formally launched. Postman was formally set up in October 2014, with a seed funding of a million dollars. 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. 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. Interestingly enough, Postman never went to investors; instead, they came calling. Days Trial. 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. $132.75 thousand a year may be a low estimate though. On the backend, Abhinav used PHP. 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. 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 . He says. Through Abhinavs Class 1 to 5 in school, the family lived in Basti before moving to Lakhimpur, close to the Nepal border, where Abhinav finished high school. Tell us in a comment below. According to the company, 98 percent of Fortune 500 companies use the platform. Coder, thinker, writer. Your Reason has been Reported to the admin. Your email address will not be published. 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. . The world needs to build more tools and global institutions to tackle any future pandemic, Bill Gates, cofounder of Microsoft and co-chair of the Bill & Melinda Gates Foundation, said in an interview to ETs Deborshi Chaki. On Thursday, the developer platform Postman announced that it closed a $150 million Series C funding round at a $2 billion valuation. 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. . - Favorite online tool? 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. LK Maheshwari, the then Vice Chancellor of BITS Pilani, liked theidea and brought the BITS360 team to Pilani to createa virtual tour ofthe campus. Advanced. Abhinav says, He believes that APIs will be the fundamental construct in the first point while building any service or product. In 2020, Postman raised $150 million in its Series C funding at a valuation of $2 billion. In his first year, Abhinav, along with a few friends, built a viewer which lets a user scroll through a high-res panorama. The company was still using scripting to upload the files and the RabbitMQ queuing system. Hear the Postman origin. 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. But they started getting a lot of VC interest. 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. Abhinav Asthana is the Co-Founder and CEO of Postman. Existing investors CRV and Nexus Venture Partners also participated in the round. 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 (Application Programming Interface), the programming logic to access web-based applications, works as the foundation for any web or mobile application. 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. The startup, from its inception, resolved to build a product that would stand the test of time. 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. Sign up for notifications from Insider! The duo, with Abhijit Kane (third co-founder), started building the next version of Postman. He started interviewing senior architects across industries to learn more about how their companies worked with and collaborated on APIs. 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. TeliportMe is a technology company, founded in 2010, which launched Panorama360 on Android with a focus on capturing and sharing immersive content of a place using a smartphone. Soon, Abhinav's interest turned towards building websites, and he taught himselfHTML, CSS, Flash, PHP during Class 7th and 8th. Meanwhile, he tried selling BITS360. Essentially, we discovered that every piece of software that you are using today is an API or uses API, Abhinav said. 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). Postman helps developers build APIs, or application programming interfaces, which allow apps to communicate with and include features from other services. An API, simply put, specifies how software components should interact and allows applications to communicate with each other. To visit our Archives, click here. (Photo caption from left to right, Ankit Sobti, Abhinav Asthana, and Abhijit Kane) Our values 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. Visit Business Insider's homepage for more stories. "What we're getting from customers is so phenomenal: how individual developers love it. 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. "What we had been advocating was a good way to build software. Google Chrome developers happened to like it and put it as a featured app on the store, and its popularity multiplied. 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. Postman is using AWS services like Beanstalk, VPC s and RDS. We talk about the humble beginnings of this fast-growing product and some late-breaking new features in Postman. Search for what you want, categories, tags, keywords, authors, events, anything under YourStory. They made some money and Abhinav got an $80 cheque while still in Class 9. We, TechCrunch, are part of the Yahoo family of brands. 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. 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. "We call this the 'developer first mentality.' By 2016, Postman had employees in the US, and Asthana himself moved to San Francisco in 2017. Abhinav Asthana is Co-founder and CEO of Postman, an API development platform used by millions of developers across the globe. In 2013, I decided TeliportMe was not what I wanted to do even though I was very passionate about building a company. 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. 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. 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. A couple of those towns were Basti, 150 miles from the capital. You can change your choices at any time by visiting your privacy controls. AboutPressCopyrightContact. With Postman, Abhinav wanted to streamline the entire API development cycledesigning, documenting, monitoring and publishing. 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. 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. 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. It was so easy to test APIs which support POST requests only. So, I had to do something else and that became programming, and at the time, internet was just kind of taking off in India. Includes DocuBay and TimesPrime Membership. Photograph: Courtesy Postman Postman, a leading application programming interface. Abhinav says, Companies are also part of the problem because they filter resumes based on keywords and buzzwords.. Check out our Festive offers upto Rs.1000/- off website prices on subscriptions + Gift card worth Rs 500/- from Eatbetterco.com. 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. 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. Postman CEO Abhinav Ansthana says they've grown to a team size of 407 since launch in 2014 and have raised $433M in funding. Working to. 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. Episode 381 | Abhinav Asthana - Big Impact. The funding is a big validation of our efforts in growing our community and growing our platform.". Postman intends to eventually reach a stage where it can tell what companies and developers can do with their APIs. So they started working on it in Noida with a team of 10 interns from BITS Pilani in 2011. 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). - Abhinav recalls. Historically, people have created their own REST client to solve their problems, so the concept of Postman as a REST client isnt new. Postman Postman 2013 Abhinav Asthana API Abhinav Asthana Ankit Sobti Abhijit Kane Postman Inc. Also read -The untold story of Alan Cooper, the father of Visual Basic. Around this time, he was introduced to VineetDevaiah, who was studying at Cornell University, and together they started building multiple things. Europe, Menlo Park, China), Where the person is located (e.g. Receive replies to your comment via email. "My focus has been helping developers solve this whole challenge of building software, when it comes to building APIs," Asthana told Business Insider. Ep 22: The Multi-Billion Dollar SaaS Growth Story - Abhinav Asthana, Co-founder of Postman. It's been a momentous year in the Postman universe. ), I am using Postman chrome extension (offered by leafwind) since Jul\'13! By clicking Accept all you agree that Yahoo and our partners will process your personal information, and use technologies such as cookies, to display personalised ads and content, for ad and content measurement, audience insights, and product development. 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. They explored the various ways it which it could be used. Market Research. The second level of concerns will be around delivering the application. 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. By Harichandan Arakali, Forbes India Staff . 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