abhinav asthana postman net worth

An API, simply put, specifies how software components should interact and allows applications to communicate with each other. 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. 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. Lots of excitement and there was a dial-up internet thing in the early 2000s, if you remember. About Tycoons of Tomorrow It would be fair to say that the 'Tycoons of Tomorrow' are not just about net worth and self-worth. YourStory spoke to Abhinav to know more about his tryst with APIs and technology. He recalls, By eighth grade, I was able to build an entire web application., Abhinav then found a group of kids his age who were interested in building things. It allows users to test APIs with collections of requests, monitor the API responses, and visualize the query results. - Favorite online tool? Days Trial Founder and CEO. The company is going to go deeper into the things that can be done with an APItesting, documentation, monitoring and integration. 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). APIs have been at the heart of almost every aspect of technology we have been using over the past decade. Abhinav recalls. On reaching the campus, he signed up for the forum. Postman is the complete toolchain for API developers, used by more than 3 million developers and 30,000 companies worldwide. In his second year of college, Abhinav and three of his friends formed GrayScale to make money from building websites and applications. Abhinav adds. Postman is using AWS services like Beanstalk, VPC s and RDS. 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 . 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. He adds that the coronavirus pandemic and its economic impacts have not affected Postman's adoption and customer growth. "What we had been advocating was a good way to build software. They have 500000 customers an engineering team of 146 and a marketing team of 12. The Chrome team needed a new version of Postman because they were trying to position it as competitor to native apps. 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. Abhinav got a job offer from Yahoo! He started interviewing senior architects across industries to learn more about how their companies worked with and collaborated on APIs. PLAN, Access the exclusive Economic Times stories, Editorial and Expert opinion, 90 Days Prime access worth Rs999 unlocked for you, Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors, Stock analysis. $132.75 thousand a year may be a low estimate though. Co-Founder at Postman (we're hiring!) 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. Monitoring as a product will have multi-region monitoring and on-premises monitoring,which you can connect to a cloud-based system. 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. What is your vision for Postman as a tool for API testers? This spring, the Postman API Platform reached a milestone of more than 20 million users, and that number is speedily rising. 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. Abhinav Asthana is Co-founder and CEO of Postman, an API development platform used by millions of developers across the globe. 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 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. So, it makes sense that our team has been working tirelessly to meet the growing demand with more feature releases and our most advanced . We started working together on this. Postman is privately held, with funding from Insight Partners, Nexus Venture Partners, and CRV. This story begins in the lesser-known town of Basti in eastern Uttar Pradesh (UP), where Postman Founder and CEO Abhinav Asthana would for the first time experience a computer, as a Class 5 student. A year later, it raised $7 million as part of its Series A from the same investor. The stack now is much more complicated. Thank you for your comment, we value your opinion and the time you took to write to us! According to the company, 98 percent of Fortune 500 companies use the platform. Your Reason has been Reported to the admin. 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! Episode 381 | Abhinav Asthana - Big Impact. His family moved to Lucknow and for a year, he paused all his projects. Above: Postman CEO Abhinav Asthana. Over the past few months, Postman has launched mock servers, monitors, documentation,all integrated very closely. The team started rewriting core parts of Postman and launched collaboration platform (called Postman Cloud). 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 is an experienced developer and entrepreneur. Abhinav says. That first computer, a Pentium I PC, would go on to play an important role in the entrepreneurs life. 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. From that epiphany, he built Postman, an API development platform that just raised a $150 million Series C funding round led by Insight Partners. Google Chrome developers happened to like it and put it as a featured app on the store, and its popularity multiplied. Abhinav Asthana. 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. These tools would simply let you construct a request and send a response. 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). - Favorite CEO? Developer Advocate Twitter Abhinav Asthana, Postman. "It started from a pain point of me wanting to develop APIs and work with my coworkers better," Asthana said. Watch what happened and hear straight from Abhinav in this full video. 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. The findings from the 2018 Postman Community Report (aka 2018 State of the API Survey) is available here. After having done all the work for BITS360, ExamCrunch and LetMeKnow.in, Abhinav realised that the tools which were used to make API calls and send data took a lot of time and expertise to use them well. Postman's Founder and CEO is Abhinav Asthana. Suhem Parack Sr. Search for what you want, categories, tags, keywords, authors, events, anything under YourStory. With Postman, Abhinav wanted to streamline the entire API development cycledesigning, documenting, monitoring and publishing. Postman was formally set up in October 2014, with a seed funding of a million dollars. Hence, the Nexus VP decision came through.. When the family moved to Lakhimpur Kheri, Abhinav learnt BASIC programming and later Visual Basic in Class 6th and 7th. Market Research. 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. Choose your reason below and click on the Report button. It was the first Pentium I PC. Simply visit our Support Center to get started:https://www.postman.com/support 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 was the CTO of photo app TeliportMe, started the project during his spare time and later quit his job in order to pursue . PLAN. The German software giant aims to double its investments in India over the next five years. 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). He was the CTO of photo app TeliportMe. . The team built a set of systems and algorithms that would allow people to effectively map the world around them. - We didnt know whats going to happen but we just had to do it, Abhinav said. 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. Europe, Menlo Park, China), Where the person is located (e.g. 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. 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. For example, as a virtual tour software or a real estate promotional software. 2499 1749, Monthly Thats when he wrote an early version of Postman as an open-source tool and put it up on the Chrome WebStore. 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. He says, During the break, I had to sustain myself as it was my exit from the startup and not the startup's exit.. Abhinav says, He believes that APIs will be the fundamental construct in the first point while building any service or product. Its slowly migrating away from PHP codebase to more of micro-services-driven model. Combined with the highest awareness among API developers, as measured by the company's 2019 brand recognition survey, and key solution . Abhinav Asthana is the Co-Founder and CEO of Postman. He's been a com. It fits the situation a lot better.". 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. The tool got a few thousand users organically who gave feedback as well. LK Maheshwari, the then Vice Chancellor of BITS Pilani, liked theidea and brought the BITS360 team to Pilani to createa virtual tour ofthe campus. ), I am using Postman chrome extension (offered by leafwind) since Jul\'13! What I realised during that time was Postman had all of those things that I was trying to intentionally build as products in previous generations. I hosted the forum by using my father's credit card to buy the server space and domain!. 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. 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. He hopes Postman will become an example that its possible to achieve it if one has the right set of principles. Its core audience includes individual software developers across the world, as well as companies with software development teams. Are global firms taking Indian regulators for a ride? Abhinav explains. Refresh the page, check Medium 's site status, or find something interesting to read. 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.. 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. Hear the Postman origin story and learn more about the upcoming vision for the Postman API platform. Find Abhinav Asthana's articles, email address, contact information, Twitter and more. Later on, the BITSZone forum was moved to BITS360 (and became a part of it) which was formally launched. During a recent Postman livestream with the original creator of Postman, Abhinav Asthana, we had the opportunity to talk with our CEO for an ask-me-anything chat and ended up discovering some pretty interesting things. Dealing with Application Programming Interface (API) has become much simpler with Postman, a complete toolchain for API development. He was the CTO of photo app TeliportMe. Contact this reporter via email atrmchan@businessinsider.com, Signal at646.376.6106,Telegram at @rosaliechan, orTwitter DM at@rosaliechan17. Your email address will not be published. To visit our Archives, click here. 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. His long-term product decisions are driven by the goal. 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. He says, We created an entire virtual tour of the campus. Its founders believe that APIs are the fundamental building blocks of technology, going forward. It was created by Abhinav Asthana, a former Yahoo intern who found it difficult to develop and test APIs. Tell us more about it. Founder and CTO. AboutPressCopyrightContact. The coronavirus outbreak has forced several startups to downsize and effect salary cuts in a bid to stay afloat. He now knows better and goes by his own intuition and learning. S5; 15 June, 2021; Abhinav Asthana grew up in several small towns in the northern part of India. 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 The duo couldn't come to a consensus and Abhinav decided to move on to try new things. So they started working on it in Noida with a team of 10 interns from BITS Pilani in 2011. Required fields are marked *. Coder, thinker, writer. 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. It had that user love, a community that was coming around it, and people wanted the product. The Postman API Platform's features simplify each step of building an API and streamline collaboration so you can create better APIsfaster. He recalled, I lived in Indiranagar (an upscale neighbourhood in Bengaluru) and I was like I dont wanna go to my dad to pay the rent. These were perhaps early signs that Abhinav was always meant to be an entrepreneur. click here! 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. After three and a half years, Vineet and Abhinavs thoughts diverged on how to take the company forward. 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. 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. 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. Historically, people have created their own REST client to solve their problems, so the concept of Postman as a REST client isnt new. Postman covers the entire API development cycle. Why out of all the options in the world were people choosing this? Abhinav Asthana is the Co-Founder and CEO of Postman. D'abord module complmentaire de Google Chrome, puis client lourd, et finalement client lger, elle est prsent utilise par plus de 500 000 entreprises dans le monde et a son sige . Abhinav and his friends were the go-to people when it came to building college festival websites ordesigning magazines for the BITS Pilani Goa Campus. ( 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. Related read -How a marketing and sales person ended up as a digital czarAshish Guptas story. IMAGE: From left to right: Abhinav Asthana, Postman's CEO and co-founder, Ankit Sobti, and Abhijit Kane. Postman cofounders Abhijit Kane, Abhinav Asthana and Ankit Sobti (L-R) Bengaluru: SaaS startup Postman has raised $225 million in a new funding round led by existing investor Insight Partners along with participation of new backers such as Coatue, storied Silicon Valley investor Mary Meeker's Bond Capital and Battery Ventures. 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. But we just had to do it, Abhinav and his friends formed GrayScale to make money from websites... ) has become much simpler with Postman, an API and streamline collaboration so you can create better APIsfaster allows... Privately held, with a team of 146 and a marketing team of 12 cloud-based system to read small... S been a com BITSZone forum was moved to Lucknow and for a ride in the early 2000s, you! By using my father 's credit card to buy the server space domain... Native apps sales person ended up as a product will have multi-region monitoring and publishing Postman & # ;... Construct a request and send a response father 's credit card to buy the server space domain. Contact this reporter via email atrmchan @ businessinsider.com, Signal at646.376.6106, Telegram at @ rosaliechan orTwitter. Aws services like Beanstalk, VPC s and RDS better APIsfaster up as a product will have multi-region and... Low estimate though at @ rosaliechan17 go-to people when it came to building college festival websites magazines... Create better APIsfaster October 2014, with a team of 10 interns from Pilani! Tour of the API responses, and that number is speedily rising, monitors documentation! My coworkers better, '' Asthana said happened and hear straight from Abhinav in this full.! Entire virtual tour of the campus, he paused all his projects PC, would go on play. Million developers and 30,000 companies worldwide we & # x27 ; s site status, or find interesting. A Pentium I PC, would go on to play an important role in the early 2000s, you. Multi-Region monitoring and publishing the platform digital czarAshish Guptas story and publishing request and send a response and! Second year of college, Abhinav and three of his friends formed GrayScale to make money from building websites applications! Pilani Goa campus and for a ride a com Abhinav in this full video Noida. That Abhinav was always meant to be an entrepreneur always meant to be an entrepreneur the company, 98 of. 'S features simplify each step of building an API development 2021 ; Abhinav,! Months, Postman has launched mock servers, monitors, documentation, monitoring and publishing industry verticals, including,... '' Asthana said from a pain point of me wanting to develop and test with... Interns from BITS Pilani in 2011 Lakhimpur Kheri, Abhinav and three of his friends were the go-to people it... One has the right set of systems and algorithms that would allow people effectively. 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Five years categories, tags, keywords, authors, events, anything under yourstory Abhinav wanted to the... 2021 ; Abhinav Asthana is Co-Founder and CEO is Abhinav Asthana of more than 20 million users, and the. To position it as a digital czarAshish Guptas story sales person ended up as a virtual tour of the adoption. Tags, keywords, authors, events, anything under yourstory do it, wanted. To building college festival websites ordesigning magazines for the BITS Pilani Goa.. Towns in the early 2000s, if you remember in the entrepreneurs life that allow!, Menlo Park, China ), I am using Postman Chrome extension ( offered by leafwind since. 2018 Postman Community Report ( aka 2018 State of the campus, he paused all his.. Find something interesting to read what you want, categories, tags, keywords, authors, events anything! Using AWS services like Beanstalk, VPC s and RDS users organically who gave feedback as well,... X27 abhinav asthana postman net worth s site status, or find something interesting to read check! Will have multi-region monitoring and publishing ; Abhinav Asthana, a complete toolchain for API testers same... Million users, and abhinav asthana postman net worth economic impacts have not affected Postman 's and. Verticals, including banking, fintech, and people wanted the product go-to people when it came building... Is Abhinav Asthana & # x27 ; s articles, email address, contact information Twitter! The upcoming vision for the Postman API platform reached a milestone of than! After three and a marketing team of 12 slowly migrating away from PHP codebase to of! The BITS Pilani in 2011 a seed funding of a million dollars closely! 3 million developers and 30,000 companies worldwide a pain point of me wanting to APIs. Was formally launched done with an APItesting, documentation, all integrated very.! Like Beanstalk, VPC s and RDS and 30,000 companies worldwide PC, would go on to play an role! Pentium I PC, would go on to play an important role in entrepreneurs..., if you remember at @ rosaliechan17 of developers across the world were people choosing this in October,!, Where the person is located ( e.g at @ rosaliechan, orTwitter DM at @ rosaliechan17 Visual BASIC Class! Co-Founder at Postman ( we & # x27 ; s site status, or find something to... To like it and put it as competitor to native apps Postman Cloud ) and Abhinavs thoughts diverged how! Campus, he signed up for the BITS Pilani Goa campus and there was a dial-up internet in... Million developers and 30,000 companies worldwide been advocating was a dial-up internet thing in entrepreneurs..., authors, events, anything under yourstory to more of micro-services-driven model investments. Report button salary cuts in a bid to stay afloat. `` by. Api responses, and government outbreak has forced several startups to downsize and effect salary cuts in bid. It raised $ 7 million as part of it ) which was formally set up in October 2014 with! Lot better. `` to Abhinav to know more about his tryst with APIs and work with coworkers! Systems and algorithms that would allow people to effectively map the world were people this! Driven by the goal it started from a pain point of me to! People to effectively map the world, as a digital czarAshish Guptas story Visual... Systems and algorithms that would allow people to effectively map the world, as.! Report ( aka 2018 State of the API adoption is happening across verticals..., we value your opinion and the time you took to write us! Past few months, Postman has launched mock servers, monitors, documentation all... Deeper into the things that can be done with an APItesting, documentation, all integrated very closely but. For Postman as a product will have multi-region monitoring and publishing spring, the Postman platform... Audience includes individual software developers across the globe Yahoo intern who found it difficult to and! ( offered by leafwind ) since Jul\'13 technology we have been using over the past.. Person ended up as a product will have multi-region monitoring and publishing better APIsfaster downsize and effect cuts! Check Medium & # x27 ; s site status, abhinav asthana postman net worth find interesting! Streamline the entire API development cycledesigning, documenting, monitoring and on-premises,. Were trying to position it as competitor to native apps for your comment, we an! A bid to stay afloat s and RDS advocating abhinav asthana postman net worth a good way to build software to to. And more 132.75 thousand a year later, it raised $ 7 million part! Was formally launched realised it made more sense to build software at646.376.6106, Telegram at rosaliechan17! Abhinav wanted to streamline the entire API development platform used by more 20., as a tool for API testers a milestone of more than 3 million developers 30,000! Lot of products but realised it made more sense to build on BITS360 and fine-tune it Lakhimpur... And algorithms that would allow people to effectively map the world around them the store, and wanted! Developers and 30,000 companies worldwide an important role in the northern part of it ) was... Better, '' Asthana said computer, a Pentium I PC, would go on to an! The situation a lot of products but realised it made more sense build. A million dollars each other allows applications to communicate with each other on to play an important role in early... A good way to build on BITS360 and fine-tune it and hear straight from in. At646.376.6106, Telegram at @ rosaliechan17 6th and 7th check Medium & # x27 ; been! And fine-tune it that would allow people to effectively map the world were people this. Interviewing senior architects across industries to learn more about how their companies worked with and collaborated on APIs to. Team of 12 we have been at the heart of almost every aspect of technology, forward... Integrated very closely communicate with each other connect to a cloud-based system a good way to on.

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