Advanced. Abhinav Asthana is the Co-Founder and CEO of Postman. This will lead to a new breed of software, where one can create end-to-end applications just by APIs,without worrying about the front and back end. Postman wants to enable all kinds of APIs (and their use cases) and protocols. 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. ( 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 is going to go deeper into the things that can be done with an APItesting, documentation, monitoring and integration. It's simple and user-friendly interface became wildly popular, and Asthana and his co-founders Abhijit Kane and. Related read -How a marketing and sales person ended up as a digital czarAshish Guptas story. 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. So, it makes sense that our team has been working tirelessly to meet the growing demand with more feature releases and our most advanced . Postman has an annual churn rate of 10.00%. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. Its core audience includes individual software developers across the world, as well as companies with software development teams. 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. 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). 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Its also looking at building advanced tools for reporting. Find Abhinav Asthana's articles, email address, contact information, Twitter and more. Here's how the Microsoft-owned platform cracked the India growth story. His long-term product decisions are driven by the goal. The study was distributed to the entire . In. Coder, thinker, writer. Around that time, he got an invite from the Chrome team in the Bay area working on the new Chrome app platform (Postman existed as Chrome app). There are tools like Postman interceptor extension, which lets you capture API calls in a web application. Postman currently streams every week on Thursdays, and we host live Office Hours once a month on Tuesdays. Legacy enterprises didn't listen the way we did when it comes to APIs.". 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Smartphones were becoming popular then, so they teamported the entire thing onto the smartphone. He hopes Postman will become an example that its possible to achieve it if one has the right set of principles. 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. The interface was in Java. Postman is a system for API collaboration. To visit our Archives, click here. He adds that the coronavirus pandemic and its economic impacts have not affected Postman's adoption and customer growth. All the applications are powered by specialized APIs for specific . - Favorite CEO? Click here to know more. But he still keeps his son in check, ensuring his feet remain firmly on the ground. Abhinav adds, When you debug and document and share, it creates a viral loop for the product to grow., By mid 2014, Postman had about half-a-million users and had put up the new website. The stack now is much more complicated. 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 Asthana, Ankit Sobti and Abhijit Kane were not fast friends when they decided to start Postman. Abhinav avoids the hardest question about his regrets. Above: Postman CEO Abhinav Asthana. Postman cofounders Abhijit Kane, Abhinav Asthana and Ankit Sobti (L-R). Got a tip? ), I am using Postman chrome extension (offered by leafwind) since Jul\'13! Postman was taking off and the solutions Abhinav arrived at when he set out to solve his own problems resonated with the developers community as well. The coronavirus outbreak has forced several startups to downsize and effect salary cuts in a bid to stay afloat. Developer Advocate Twitter He said: The process of building is very iterative; we make a tonne of mistakes and our mistakes are open for everybody to see. They wanted it to become better, they were using it, recommending it. The Postman API Platform's features simplify each step of building an API and streamline collaboration so you can create better APIsfaster. "We found ourselves in a good place," Asthana said. A year later, it raised $7 million as part of its Series A from the same investor. Pay up abroad, but play around in India. 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. In June last year, it raised $50 million as a part of its Series B round, led by CRV and from existing investor Nexus. - 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. 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. What bound them together was their skills in writing code and their love of gaming. Thank you for your comment, we value your opinion and the time you took to write to us! 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. By 2016, Postman had employees in the US, and Asthana himself moved to San Francisco in 2017. According to the company, 98 percent of Fortune 500 companies use the platform. Your Reason has been Reported to the admin. Abhinav Asthana, Postman. By now, he was completely hooked to the computer and programming. 2 mins. Abhinavs father, who taught him programming, was in the civil services and because of his transferable job, the Postman CEO grew in small towns all over UP. Also read -Meet Mitesh Agarwalthe brain of BITS whos heading technology at Oracle India. APIs have been at the heart of almost every aspect of technology we have been using over the past decade. He says, By this time, Google Street View had not come out so we thought we were quite progressive., Since it was a 360-degree panorama, the team named it BITS360. From that epiphany, he built Postman, an API development platform that just raised a $150 million Series C funding round led by Insight Partners. 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. In 2022, Postman revenue run rate hit$102.7M in revenue. Combined with the highest awareness among API developers, as measured by the company's 2019 brand recognition survey, and key solution . 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. YourStory spoke to Abhinav to know more about his tryst with APIs and technology. In. 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. It was the first Pentium I PC. The initial plan was to bootstrap until they expand to the UStheir target market from where a lot of feedback and initial purchases had come. 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. Abhinav Asthana. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. However, he declined the offer and decided to let ExamCrunch brew for some more time. 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, I had to do something else and that became programming, and at the time, internet was just kind of taking off in India. Google Chrome developers happened to like it and put it as a featured app on the store, and its popularity multiplied. What is your vision for Postman as a tool for API testers? Hence, the Nexus VP decision came through.. User-Experience in upgraded version has changed for better! Postman was formally set up in October 2014, with a seed funding of a million dollars. As the app's usage grew, Abhinav recruited former colleagues Ankit Sobti and Abhijit Kane to help create Postman Inc. They explored the various ways it which it could be used. With Postman, Abhinav wanted to streamline the entire API development cycledesigning, documenting, monitoring and publishing. 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 He's been a com. He started interviewing senior architects across industries to learn more about how their companies worked with and collaborated on APIs. Stock Radar: This auto component maker may retest 52-week highs in 2 months; should you buy? By Harichandan Arakali, Forbes India Staff . The duo, with Abhijit Kane (third co-founder), started building the next version of Postman. Monitoring as a product will have multi-region monitoring and on-premises monitoring,which you can connect to a cloud-based system. About Tycoons of Tomorrow It would be fair to say that the 'Tycoons of Tomorrow' are not just about net worth and self-worth. Contact this reporter via email atrmchan@businessinsider.com, Signal at646.376.6106,Telegram at @rosaliechan, orTwitter DM at@rosaliechan17. Meanwhile, he tried selling BITS360. Thats when he wrote an early version of Postman as an open-source tool and put it up on the Chrome WebStore. Postman is using AWS services like Beanstalk, VPC s and RDS. 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. 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.