If youre a developer, then the word Postman rings an altogether different bell in your mind. If anything, the company's seeing more business than before. 2499 1749, Monthly Abhinav Asthana, Postman. Developer Advocate Twitter Since then, Asthana says Postman has become the "de facto standard" for APIs. Issues he heard about from those engineers were echoed in his own experience at TeliportMe, where too often one team would update an API without notifying any other teams that could be affected by changes. For example, as a virtual tour software or a real estate promotional software. 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. 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. The great melting and eventual sinking: Have we reached the point of no return? 2-Year We see growth in all of them.. By now, Abhinav had companiesboth from India and Silicon Valleyoffering him the job of CTO. So, I got connected to people across a bunch of forums and we started building websites.. The team created a project called Postman runtime to share its work in open source. Abhinav began working with computers at an early age. On Thursday, the developer platform Postman announced that it closed a $150 million Series C funding round at a $2 billion valuation. A couple of those towns were Basti, 150 miles from the capital. PLAN. This means, during the course of the last one year, the startups valuation jumped nearly 500 percent. Abhinav avoids the hardest question about his regrets. Coder, thinker, writer. That first computer, a Pentium I PC, would go on to play an important role in the entrepreneurs life. 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. They made some money and Abhinav got an $80 cheque while still in Class 9. Abhinav Asthana is Co-founder and CEO of Postman, an API development platform used by millions of developers across the globe. The tool got a few thousand users organically who gave feedback as well. Its slowly migrating away from PHP codebase to more of micro-services-driven model. 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. 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. Panorama was initially created using GPU computing, a web-based stitcher. What Do 37,000 Developers Say About Postman? Soon, Abhinavs Co-founders Abhijit Kane and Ankit Sobti joined him, and in 2014, the trio launched the startup formally. Most of those findings are in our, Postman continues to evolve towards our vision of building the API-first world at a rapid pace. 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. Days Trial Industry Trends on 4000+ Stocks, Pro Investing by Aditya Birla Sun Life Mutual Fund, Canara Robeco Equity Hybrid Fund Direct-Growth, ETtech Interview | Non-tech sectors modernising faster as growth slows at tech firms: Postman CEO Abhinav Asthana. 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. Abhinav explains. About Tycoons of Tomorrow It would be fair to say that the 'Tycoons of Tomorrow' are not just about net worth and self-worth. 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. (PR pitches by email only, please.) 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 wants to enable all kinds of APIs (and their use cases) and protocols. 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! At Postman, we believe the future will be built with APIs. Experience Your Economic Times Newspaper, The Digital Way! (This story appears in the 19 February, 2016 issue of Forbes India. Postman's key executives include Abhinav Asthana and 2 others. 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. However, he was committed to start up. Working for companies, as. Postman Founder & CEO Abhinav Asthana Culinary magician who specializes in tacos and boba. WhatsApp messages run through APIs, and the list is really endless. CEO and Founder, Postman (@getpostman) . 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. According to research firm MarketsandMarkets, the API management market is estimated to touch $5.1 billion by 2023. The features we have are on our website, the features we dont have are on our issue tracker. YourStory spoke to Abhinav to know more about his tryst with APIs and technology. Stay up to date with what you want to know. Your email address will not be published. Source. The system was similar to StackOverFlow. It fits the situation a lot better.". 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. 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. The seven-year-old startup is now valued at $5.6 billion, overtaking BrowserStack which was valued at $4 billion in June. 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. 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 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. 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. According to the company, 98 percent of Fortune 500 companies use the platform. 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. 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. At this juncture Abhinav got an internship at Yahoo!, which was then trying to build an ingestion system for Yahoo! "We found ourselves in a good place," Asthana said. Postman, whose platform lets developers collaborate and build APIs, has raised $150 million in a round of funding led by Insight Partners. These were perhaps early signs that Abhinav was always meant to be an entrepreneur. All the applications are powered by specialized APIs for specific . In. That includes product and design, engineering, sales, marketing, all functions. "That's what we've been doing for the past few years. 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. Meanwhile, he tried selling BITS360. Abhinav Asthana is the Co-Founder and CEO of Postman. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. You can change your choices at any time by visiting your privacy controls. Soon, Abhinav's interest turned towards building websites, and he taught himselfHTML, CSS, Flash, PHP during Class 7th and 8th. 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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. 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.. 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. It was the first Pentium I PC. He was the CTO of photo app TeliportMe. The Tycoons of Tomorrow are those who are still on a journeyone of imagination . See more Postman data on Latka. "This is where people learn to use APIs for the first time and build APIs for the first time.". Postman helps developers build APIs, or application programming interfaces, which allow apps to communicate with and include features from other services. Or a real estate promotional software of imagination Basti, 150 miles the... 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