abhinav asthana postman net worth

Historically, people have created their own REST client to solve their problems, so the concept of Postman as a REST client isnt new. By now, Abhinav had companiesboth from India and Silicon Valleyoffering him the job of CTO. Postman essentially helped developers construct an API request and send it to the server, and all of this could be done through JavaScript. The company plans to invest the new funding in hiring engineers, designers, and salespeople, and scaling its partnerships. Founder and CEO. Abhinav decided to skip the campus placement process and started up with Vineet and another friend. Postman was formally set up in October 2014, with a seed funding of a million dollars. With this idea they raised $400,000 in seed funding and called their company Teliportme. The company is going to go deeper into the things that can be done with an APItesting, documentation, monitoring and integration. To read full story, subscribe to ET Prime, Billed annually at It's been a momentous year in the Postman universe. An API, simply put, specifies how software components should interact and allows applications to communicate with each other. They even created a CD for the Goa Tourism ministry. 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. 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 . Legacy enterprises didn't listen the way we did when it comes to APIs.". 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. 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. An interview with Abhinav Asthana, Founder and CEO - Postman By Jyotsana Gupta on August 27, 2018 2 Comments / 3463 views. As the tool's usage quickly exploded, Abhinav recruited two of his former colleagues, Ankit Sobti and Abhijit Kane, to help him create Postman, Inc. Postman is now the world's leading API platform, and the three founders still lead the company to this day. Hear the Postman origin story and learn more about the upcoming vision for the Postman API platform. 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. What is your vision for Postman as a tool for API testers? Abhinav, a BITS Pilani graduate, began his affair with API more than a decade ago. In June last year, it raised $50 million as a part of its Series B round, led by CRV and from existing investor Nexus. Its core audience includes individual software developers across the world, as well as companies with software development teams. Abhinav Asthana is the Co-Founder and CEO of Postman. - Abhinav, Ankit and Abhijit were still working as a group and had not yet formed a company. The stack now is much more complicated. 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. Postman is privately held, with funding from Insight Partners, Nexus Venture Partners, and CRV. Postman Postman 2013 Abhinav Asthana API Abhinav Asthana Ankit Sobti Abhijit Kane Postman Inc. We didnt know whats going to happen but we just had to do it, Abhinav said. Postman is the complete toolchain for API developers, used by more than 3 million developers and 30,000 companies worldwide. Abhinav got a job offer from Yahoo! Abhijit Kane. 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 . . We saw that if you build a great product, you get a great community and [if] you are really constantly listening to them, people like to be part of this journey with you.. Developer Advocate Twitter Postman, whose platform lets developers collaborate and build APIs, has raised $150 million in a round of funding led by Insight Partners. It was the first Pentium I PC. "My focus has been helping developers solve this whole challenge of building software, when it comes to building APIs," Asthana told Business Insider. Co-Founder at Postman (we're hiring!) That was the motivation for him to start Teliportme initially. IMAGE: From left to right: Abhinav Asthana, Postman's CEO and co-founder, Ankit Sobti, and Abhijit Kane. 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. Asthana started Postman as a side project in 2012 while also acting as founder and CTO of photography startup TeliportMe. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. Its also looking at building advanced tools for reporting. SaaS Founders Who Make The Most Revenue Per Employee. Here's how the Microsoft-owned platform cracked the India growth story. AboutPressCopyrightContact. at a time when ExamCrunch wasn't having much traction. Innovation can't be like Brownian motion: Ashish Khushu, CTO, LTTS, Padcare Labs: Solving sanitary napkins disposal conundrum, one bin-full at a time, Glamping the great outdoors in uber luxury, Rohan Verma at MapMyIndia on the consumer hardware opportunity in navigation and connected vehicles, From Allcargo's puzzle to Ronnie Screwvala's leadership mantras, here are our most-read stories of the week, Fashion courts K-Pop and its fans at Milan Fashion Week shows, 30 Under 30: Ankit Sobti, Abhinav Asthana, Abhijit Kane - Cracking the code. He says, During the break, I had to sustain myself as it was my exit from the startup and not the startup's exit.. 2-Year 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. 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. The coronavirus outbreak has forced several startups to downsize and effect salary cuts in a bid to stay afloat. 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. For reprint rights: Continue reading with one of these options: Login to get access to some exclusive stories, Get access to exclusive stories, expert opinions &, Valid only with UPI, Credit & Debit Cards Autopay, Inciting hatred against a certain community, 15 Experience Your Economic Times Newspaper, The Digital Way! At that time, it was the only app built from India that was featured worldwide. A year later, Asthana co-founded a startup TeliportMe, where Kane, a graduate from BITS, Pilani and the youngest of the trio, got an internship. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. We're a global company with headquarters in San Francisco, a large office in Bangalore (where the company was founded), and distributed team members on four continents. Interestingly enough, Postman never went to investors; instead, they came calling. 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. That has led to an increasing amount of ambition.". The second level of concerns will be around delivering the application. See the full leadership team at Craft. 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 wanted to solve the problem of API (application program interface) debugging for himself, as he didnt find anything that was good enough, and thats how Postman started as a side project. ETtech Interview | Traditional sectors drive growth for Postman, says Abhinav Asthana: Postman, an Application Programming Interface (API) management platform for enterprises, is witnessing an uptick in usage from traditional sectors such as banking, retail, ad-tech and automotive industries, its chief executive Abhinav Asthana told ET. Tell us more about it. Watch what happened and hear straight from Abhinav in this full video. He was the CTO of photo app TeliportMe. The Tycoons of Tomorrow are those who are still on a journeyone of imagination . It became a key part of their workflow.. Tell us in a comment below. The company has built a real-time collaborative system usingweb sockets as communication protocol (using SalesJS as a framework). Google Chrome developers happened to like it and put it as a featured app on the store, and its popularity multiplied. How do you balance attracting new users while keeping existing users happy? Related read -How a marketing and sales person ended up as a digital czarAshish Guptas story. Modern software is bui Days Trial. 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. Smartphones were becoming popular then, so they teamported the entire thing onto the smartphone. On reaching the campus, he signed up for the forum. He resumed programming in class 11. Postman CEO Abhinav Ansthana says they've grown to a team size of 407 since launch in 2014 and have raised $433M in funding. User-Experience in upgraded version has changed for better! 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. Days Trial 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. By Harichandan Arakali, Forbes India Staff . The German software giant aims to double its investments in India over the next five years. View all posts by Joyce. So, it makes sense that our team has been working tirelessly to meet the growing demand with more feature releases and our most advanced . 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. "This is where people learn to use APIs for the first time and build APIs for the first time.". Visit Business Insider's homepage for more stories. Search for what you want, categories, tags, keywords, authors, events, anything under YourStory. See more Postman data on Latka. 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. Hear the Postman origin. We see growth in all of them.. If anything, the company's seeing more business than before. Stay up to date with what you want to know. Lots of excitement and there was a dial-up internet thing in the early 2000s, if you remember. Find Abhinav Asthana's articles, email address, contact information, Twitter and more. Other types of secure messaging available upon request. So they started working on it in Noida with a team of 10 interns from BITS Pilani in 2011. "That's what we've been doing for the past few years. Postman intends to eventually reach a stage where it can tell what companies and developers can do with their APIs. Postman cofounders Abhijit Kane, Abhinav Asthana and Ankit Sobti (L-R). WhatsApp messages run through APIs, and the list is really endless. 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. Postman covers the entire API development cycle. He was the CTO of photo app TeliportMe. Abhinav then convinced Ankit to leave Directi and join him at Postman. Contact via Linkedin Contact via email Q&A What`s your age? The team created a project called Postman runtime to share its work in open source. Postman has an annual churn rate of 10.00%. Your Reason has been Reported to the admin. YourStory spoke to Abhinav to know more about his tryst with APIs and technology. Refresh the page, check Medium 's site status, or find something interesting to read. Panorama was initially created using GPU computing, a web-based stitcher. Soon, Abhinavs Co-founders Abhijit Kane and Ankit Sobti joined him, and in 2014, the trio launched the startup formally. 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. ( 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. X27 ; s site status, or find something interesting to read GPU computing, BITS. How software components should interact and allows applications to communicate with each other web-based stitcher concerns will be around the. Effect salary cuts in a bid to stay afloat never went to investors ; instead, they came.! 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