Thank you for your comment, we value your opinion and the time you took to write to us! That became a massive hit. Abhinav Asthana, CEO & Co-Founder, Postman CE: We learned that you co-founded few companies including - BITS360, Grayscale Design and TeliportMe. User-Experience in upgraded version has changed for better! Jobs Number of Current Jobs 1 Number of Past Jobs 1 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 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. Abhinav decided to skip the campus placement process and started up with Vineet and another friend. 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. In 2022, Postman revenue run rate hit$102.7M in revenue. Plus, he revealed some fun factscan you guess what video games hes currently playing? Fast forward a decade, and Asthana, 33, is now CEO of a company of the same name currently valued at $5.6 billion after a Series D funding round in 2021. According to the company, 98 percent of Fortune 500 companies use the platform. He now knows better and goes by his own intuition and learning. Even Abhinav has fallen into the trap of new technology and since then he (and his team) is more cautious about certain technology choices. So, I got connected to people across a bunch of forums and we started building websites.. Abhinav Asthana is Co-founder and CEO of Postman, an API development platform used by millions of developers across the globe. He explains. According to research firm MarketsandMarkets, the API management market is estimated to touch $5.1 billion by 2023. 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 (PR pitches by email only, please.) Thats when he wrote an early version of Postman as an open-source tool and put it up on the Chrome WebStore. Why are so many SaaS founders taking money from Founderpath.com instead of VC`s? They even created a CD for the Goa Tourism ministry. to build a good, quality product from India. 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. 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. Initially, Postman was hosted on Linode with MySQL but has now moved on to AWS. Other executives include Ankit Sobti, Founder and CTO; Abhijit Kane, Co-founder. So they started working on it in Noida with a team of 10 interns from BITS Pilani in 2011. 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. 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. 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. The viewer was built using Flash and ActionScript, and PHP was used in the backend. Postman is using AWS services like Beanstalk, VPC s and RDS. Source. When the family moved to Lakhimpur Kheri, Abhinav learnt BASIC programming and later Visual Basic in Class 6th and 7th. Postman Founder & CEO Abhinav Asthana The coronavirus outbreak has forced several startups to downsize and effect salary cuts in a bid to stay afloat. Find Abhinav Asthana's articles, email address, contact information, Twitter and more. Postman started in 2012 as a side project of software engineer Abhinav Asthana, who wanted to simplify API testing, while working at Yahoo Bangalore. . However, he declined the offer and decided to let ExamCrunch brew for some more time. PLAN. Ankit and Abhinav had met while working together at Yahoo, and he and Abhijit had met at TeliportMe. Asthana says that Postman is committed to helping developers in any way they need as the number of APIs increases because of their importance in building apps. Since Last year I shifted to the latest version(which is even better) and I had no idea it is backed by ventures and this actually is a startup until I read this article. Hence, the Nexus VP decision came through.. Abhinav avoids the hardest question about his regrets. (Photo caption from left to right, Ankit Sobti, Abhinav Asthana, and Abhijit Kane) Our values Postman's valuation has soared to a whopping $2 billion thanks to Thursday's news. Related read -Meet Kiran Bhatthe man who engineered Hulk and Tarkin to win 2017 sci-tech Oscar. 3 Key Things. 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. Its also looking at building advanced tools for reporting. Postman covers the entire API development cycle. He also believes that all existing data stores and legacy applications will come in this ecosystem of APIs. Abhijit Kane. Abhinav Asthana is the Co-Founder and CEO of Postman. Market Research. The stack now is much more complicated. Soon, Abhinavs Co-founders Abhijit Kane and Ankit Sobti joined him, and in 2014, the trio launched the startup formally. Dont miss out on ET Prime stories! Postman is privately held, with funding from Insight Partners, Nexus Venture Partners, and CRV. Abhinav Asthana is Co-founder and CEO of Postman, an API development platform used by millions of developers across the globe. Unlock your 30 days free access to ETPrime now. For example, as a virtual tour software or a real estate promotional software. Postman's key executives include Abhinav Asthana and 2 others. And the tools he had to use never helped him develop efficiently. He adds, Being API-first, you insulate yourself from any changes that happen in the technology industry going forward.. 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. The duo, with Abhijit Kane (third co-founder), started building the next version of Postman. Culinary magician who specializes in tacos and boba. On the backend, Abhinav used PHP. About Tycoons of Tomorrow It would be fair to say that the 'Tycoons of Tomorrow' are not just about net worth and self-worth. Published: Dec 21, 2021 12:02:51 PM IST . Postman is the complete toolchain for API developers, used by more than 3 million developers and 30,000 companies worldwide. Receive replies to your comment via email. The forum was based on PHP bulletin board, which Abhinav was familiar with. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. By now, he was completely hooked to the computer and programming. 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. Our bug tracker is open. Above: Postman CEO Abhinav Asthana. 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 . At Postman, we believe the future will be built with APIs. They were flooded with projects, and people sought Abhinav's expertise for individual projects as well. By now, Abhinav had companiesboth from India and Silicon Valleyoffering him the job of CTO. Abhinav Asthana is the Co-Founder and CEO of Postman. 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. ( 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. API platform Postman valued at $5.6 billion in $225 million fundraise | TechCrunch Enterprise API platform Postman valued at $5.6 billion in $225 million fundraise Manish Singh @ refsrc /. Angel, Fund of Funds, Venture Capital), Number of Investments the Individual has participated in, Total number of current Jobs the person has, Total number of events the individual appeared in, Number of news articles that reference the Person. That became the product I did in the first startup (TeliportMe). 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. Abhinav Asthana Forbes Councils Member | COUNCIL POST | Membership (fee-based) ABOUT CEO & Co-Founder of Postman, the complete API development environment. 2499 1749, Monthly He started interviewing senior architects across industries to learn more about how their companies worked with and collaborated on APIs. 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. Why out of all the options in the world were people choosing this? Postman boasts of a four-million user base and has two million monthly active users. So, I had to do something else and that became programming, and at the time, internet was just kind of taking off in India. 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. Meet Kiran Bhatthe man who engineered Hulk and Tarkin to win 2017 sci-tech Oscar, CRED Founder Kunal Shah draws Rs 15,000 per month, NoBroker grabs additional Rs 40 Cr in Series E funding; to collaborate with Google, Simple Viral Games raises Rs 4 crore from WEH Ventures, PointOne Capital, others, Bill Gates congratulates government on Ayushman Bharat; PM thanks him, SoftBank sells shares worth Rs 954 Cr in Delhivery, Indian tech industrys revenue to reach $245B in FY23, adds 2.9 lakh new jobs: NASSCOM, Swiggy, Zomato flag 'misinterpretation' of bike-taxi ban order by Delhi RTO. It was the first Pentium I PC. For instance, when you book an airline ticket from a travel site such as MakeMyTrip, it is an API that pulls information from an airlines site. Europe, Menlo Park, China), Where the person is located (e.g. Pay up abroad, but play around in India. 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. We see growth in all of them.. And for me, from an Indian perspective, it was important to prove that great products could be built out of India, Abhinav said. He said: The process of building is very iterative; we make a tonne of mistakes and our mistakes are open for everybody to see. Today, hes in the Bay Area (having moved in 2017 to be closer to Postmans largest base of customers) at the helm of Bengaluru and San Francisco- based SaaS startup Postman. The team created a project called Postman runtime to share its work in open source. An interview with Abhinav Asthana, Founder and CEO - Postman By Jyotsana Gupta on August 27, 2018 2 Comments / 3463 views. 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. Postman Postman 2013 Abhinav Asthana API Abhinav Asthana Ankit Sobti Abhijit Kane Postman Inc. Combined with the highest awareness among API developers, as measured by the company's 2019 brand recognition survey, and key solution . He's been a com. 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.. I hosted the forum by using my father's credit card to buy the server space and domain!. Your email address will not be published. PLAN, Yearly On reaching the campus, he signed up for the forum. The Yahoo! "My focus has been helping developers solve this whole challenge of building software, when it comes to building APIs," Asthana told Business Insider. In 2016, the startup raised $1 million in seed funding from Nexus Venture Partners. What do you think about this topic? Postman CEO Abhinav Ansthana says they've grown to a team size of 407 since launch in 2014 and have raised $433M in funding. 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! Abhinavs father, who got him that first computer and taught him programming, is a proud parent, as is his mother. Abhinav explains. He says, During the break, I had to sustain myself as it was my exit from the startup and not the startup's exit.. The company has built a real-time collaborative system usingweb sockets as communication protocol (using SalesJS as a framework). The renderer was a 3D viewer that would take these tiles and project it on geometry, like a cylinder or a sphere. Learn how your comment data is processed. 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