abhinav asthana postman net worth

stint helped Abhinav truly understand the importance of APIs, and it continued to simmer at the back of his mind until he started working on Postman several years later. He was the CTO of photo app TeliportMe. Thank you for your comment, we value your opinion and the time you took to write to us! Episode 381 | Abhinav Asthana - Big Impact. Your Reason has been Reported to the admin. Abhinav then convinced Ankit to leave Directi and join him at Postman. Soon, Abhinavs Co-founders Abhijit Kane and Ankit Sobti joined him, and in 2014, the trio launched the startup formally. He adds that the coronavirus pandemic and its economic impacts have not affected Postman's adoption and customer growth. 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. If Postman Pat Official is within this range, Net Worth Spot estimates that Postman Pat Official earns $8.85 thousand a month, totalling $132.75 thousand a year. The tool got a few thousand users organically who gave feedback as well. Asthana's memories of his API struggles at Yahoo stayed with him "for a while," until he realized that it wasn't only a problem at Yahoo. 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. One of the things they built was ExamCrunch, which was like Quora for students planning to do an MS or a PhD in the US. Abhinav says, We wanted to work with a firm that had experience working with companies that are building a product for the global market. Hence, the Nexus VP decision came through.. 2-Year Abhinav Asthana is the founder of Postman and he joins . click here! Why are so many SaaS founders taking money from Founderpath.com instead of VC`s? Today, the applications are delivered on multiple front ends, and with Alexa, chatbots and others, mini applications are delivered as a part of other larger applications. Postman wants to enable all kinds of APIs (and their use cases) and protocols. That was the motivation for him to start Teliportme initially. Interestingly enough, Postman never went to investors; instead, they came calling. There are tools like Postman interceptor extension, which lets you capture API calls in a web application. The features we have are on our website, the features we dont have are on our issue tracker. Meanwhile, he tried selling BITS360. 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. How do you balance attracting new users while keeping existing users happy? Its core audience includes individual software developers across the world, as well as companies with software development teams. 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. The API-First World graphic novel tells the story of how and why the API-first world is coming to be. 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. +Includes DocuBay and TimesPrime Membership. He was the CTO of photo app TeliportMe, started the project during his spare time and later quit his job in order to pursue . These were perhaps early signs that Abhinav was always meant to be an entrepreneur. They wanted it to become better, they were using it, recommending it. Postman helps developers build APIs, or application programming interfaces, which allow apps to communicate with and include features from other services. View all posts by Joyce. 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. Abhinav Asthana is Co-founder and CEO of Postman, an API development platform used by millions of developers across the globe. So people started reaching out, people wanted more stuff. Days Trial. 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). . I hosted the forum by using my father's credit card to buy the server space and domain!. 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. It was called 360 and we kind of productised it and put it on a phone app and so that was fun.. He explains. For most entrepreneurs and startups, fundraising can be a real pain. Also read -The untold story of Alan Cooper, the father of Visual Basic. Abhinav Asthana is the Co-Founder and CEO of Postman. We see growth in all of them.. 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. Postman boasts of a four-million user base and has two million monthly active users. The company has built a real-time collaborative system usingweb sockets as communication protocol (using SalesJS as a framework). Abhinav Asthana is Co-founder and CEO of Postman, an API development platform used by millions of developers across the globe. Search for what you want, categories, tags, keywords, authors, events, anything under YourStory. Contact this reporter via email atrmchan@businessinsider.com, Signal at646.376.6106,Telegram at @rosaliechan, orTwitter DM at@rosaliechan17. His family moved to Lucknow and for a year, he paused all his projects. After speaking to the Google Android team, Teliportme Panorama app got featured on the worldwide PlayStore, effectively fetching them millions of downloads. 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. Abhinav Asthana api platform cloud computing developers Insight Partners Jeff Horing postman Transportation South African car subscription service Planet42 raises $100M equity, debt Tage. We continued hiring through the pandemic, we actually increased hiring, we shifted to remote hiring practices pretty efficiently, the team kind of adapted really well, so all of those things we did during March and April and we are going to accelerate through the coming months. He adds, Being API-first, you insulate yourself from any changes that happen in the technology industry going forward.. "My focus has been helping developers solve this whole challenge of building software, when it comes to building APIs," Asthana told Business Insider. 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. About. Later, he joined the Centre for Software Development in the college well. A couple of those towns were Basti, 150 miles from the capital. 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. Ankit Sobti. Users of Postman can collaborate with their team through Team Workspaces, sharing collections, environments, history, and more. APIs allow apps to communicate with, and include features from, other services: For example, an app may use Facebook or Google's APIs to allow users log in through those other accounts. 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. Joyce is the head of developer relations at Postman. 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. 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. [YourStory Inspirations] How Vidya Balan, a Bollywood outsider, changed the narrative in a male-centric industry, 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. Postman provides a platform that helps software developers accelerate the development process through collaboration with various stakeholders. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. 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. The most valued Indian SaaS startup at $5.6 billion . 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.. He started interviewing senior architects across industries to learn more about how their companies worked with and collaborated on APIs. Days Trial 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. Since then, Asthana says Postman has become the "de facto standard" for APIs. He said: The process of building is very iterative; we make a tonne of mistakes and our mistakes are open for everybody to see. Combined with the highest awareness among API developers, as measured by the company's 2019 brand recognition survey, and key solution . 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. CEO and Founder, Postman (@getpostman) . Abhinav adds. For Abhinav Asthana, Co-founder and CEO of Postman, APIs form the fundamental construct of productor service, and hes keen to make APIs more accessible to everyone. Most of those findings are in our, Postman continues to evolve towards our vision of building the API-first world at a rapid pace. 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. . In 2020, Postman raised $150 million in its Series C funding at a valuation of $2 billion. 2 mins. But he still keeps his son in check, ensuring his feet remain firmly on the ground. [16] In October 2014 Asthana, Ankit Sobti and Abhijit Kane co-founded Postman in Bangalore, India. Postman's key executives include Abhinav Asthana and 2 others. Source. Visit Business Insider's homepage for more stories. PLAN, Yearly Stop by and say hi, yall. That became a massive hit. The startup, from its inception, resolved to build a product that would stand the test of time. Abhinav Asthana is the Co-Founder and CEO of Postman. By now, Abhinav had companiesboth from India and Silicon Valleyoffering him the job of CTO. According to the company, 98 percent of Fortune 500 companies use the platform. Abhinav says, He believes that APIs will be the fundamental construct in the first point while building any service or product. Announcing Postman 2023 Product and Versioning Updatesand VS Code Extension. WhatsApp messages run through APIs, and the list is really endless. Find out more about how we use your information in our privacy policy and cookie policy. Abhinav Asthana Forbes Councils Member | COUNCIL POST | Membership (fee-based) ABOUT CEO & Co-Founder of Postman, the complete API development environment. API (Application Programming Interface), the programming logic to access web-based applications, works as the foundation for any web or mobile application. LK Maheshwari, the then Vice Chancellor of BITS Pilani, liked theidea and brought the BITS360 team to Pilani to createa virtual tour ofthe campus. Google Chrome developers happened to like it and put it as a featured app on the store, and its popularity multiplied. Abhinav is an experienced developer and entrepreneur. Around this time, he was introduced to VineetDevaiah, who was studying at Cornell University, and together they started building multiple things. 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. The company is going to go deeper into the things that can be done with an APItesting, documentation, monitoring and integration. 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. 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. Developer Advocate Twitter His current startup, Postman, has almost four million developers on its platform and is on a mission to simplify API development for them and others. Abhinav and Vineet built a virtual tour for National University of Singapore and some other clients. The Postman API Platform's features simplify each step of building an API and streamline collaboration so you can create better APIsfaster. Essentially, we discovered that every piece of software that you are using today is an API or uses API, Abhinav said. Postman Postman 2013 Abhinav Asthana API Abhinav Asthana Ankit Sobti Abhijit Kane Postman Inc. "That's what we've been doing for the past few years. In October 2014, the three started Postman, two years after Asthana wrote code for the first version of their eponymous (software) platform.The Bengaluru-based startup builds platforms for the development and management of APIs (application programming interfaces, by which different software talk to one another). 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Postman has an annual churn rate of 10.00%. The forum was based on PHP bulletin board, which Abhinav was familiar with. 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.. In. 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. Abhinav Asthana. Abhinav Asthana, 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. The seven-year-old startup is now valued at $5.6 billion, overtaking BrowserStack which was valued at $4 billion in June. AboutPressCopyrightContact. In 2012, the projects Abhinav was involved in has the same point - how to work with the API's that connected the front and backends of the application. Asthana started Postman as a side project in 2012 while also acting as founder and CTO of photography startup TeliportMe. According to research firm MarketsandMarkets, the API management market is estimated to touch $5.1 billion by 2023. He says, During the break, I had to sustain myself as it was my exit from the startup and not the startup's exit.. These projects brought in some money. Founder and CTO. At 13, Abhinav, along with this group, started designing websites and taking up web application projects. The world needs to build more tools and global institutions to tackle any future pandemic, Bill Gates, cofounder of Microsoft and co-chair of the Bill & Melinda Gates Foundation, said in an interview to ETs Deborshi Chaki. He's been a com. Abhinav Asthana is the Co-Founder and CEO of Postman. He bought one and taught himself how to programme on mainframe. So, I had to do something else and that became programming, and at the time, internet was just kind of taking off in India. He launched Postman as a free app in the Chrome Web Store. Over the past few months, Postman has launched mock servers, monitors, documentation,all integrated very closely. What he didn't know then was his son would get hooked as well. Abhinav got a job offer from Yahoo! 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. Abhinav Asthana CEO and Founder at Postman Recently I had the opportunity to interview Abhinav Asthana from Postmanfor the ongoing series: CEOs Share Leadership Strategies To Improve Your. (This story appears in the 19 February, 2016 issue of Forbes India. Abhinav says. 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. User-Experience in upgraded version has changed for better! 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. 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. Postman essentially helped developers construct an API request and send it to the server, and all of this could be done through JavaScript. Abhinav began working with computers at an early age. 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. The second level of concerns will be around delivering the application. 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. 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.. Postman intends to eventually reach a stage where it can tell what companies and developers can do with their APIs. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. It was so easy to test APIs which support POST requests only. Our bug tracker is open. Postman cofounders Abhijit Kane, Abhinav Asthana and Ankit Sobti (L-R). 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 . 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. That became the product I did in the first startup (TeliportMe). In his second year of college, Abhinav and three of his friends formed GrayScale to make money from building websites and applications. Your email address will not be published. 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. Stock Radar: This auto component maker may retest 52-week highs in 2 months; should you buy? Other executives include Ankit Sobti, Founder and CTO; Abhijit Kane, Co-founder. 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. To read full story, subscribe to ET Prime, Billed annually at Receive replies to your comment via email. S5; 15 June, 2021; Abhinav Asthana grew up in several small towns in the northern part of India. Dealing with Application Programming Interface (API) has become much simpler with Postman, a complete toolchain for API development. Thats when he wrote an early version of Postman as an open-source tool and put it up on the Chrome WebStore. The platform is used by over 11 million developers across the world, and more than 500,000 companies globally, including the likes of Microsoft and Twitter. PLAN. At that time, it was the only app built from India that was featured worldwide. IMAGE: From left to right: Abhinav Asthana, Postman's CEO and co-founder, Ankit Sobti, and Abhijit Kane. 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. 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. To visit our Archives, click here. Unlock your 30 days free access to ETPrime now. Abhinav explains. 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). Stay up to date with what you want to know. 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. Here's how the Microsoft-owned platform cracked the India growth story. Co-Founder at Postman (we're hiring!) An interview with Abhinav Asthana, Founder and CEO - Postman By Jyotsana Gupta on August 27, 2018 2 Comments / 3463 views. Small towns in the 19 February, 2016 issue of Forbes India featured. Features from other services of Visual Basic know then was his son in check, ensuring feet! Postman continues to evolve towards our vision of building the API-first world graphic tells. By using my father 's credit card to buy the server space and domain! now valued at $ billion. A platform that helps software developers accelerate the development process through collaboration with various stakeholders Kane, said. Comments / 3463 abhinav asthana postman net worth Vineet built a virtual tour for National University of Singapore and some clients... Become much simpler with Postman, an API development platform used by millions of developers across the world as! Of software that you are using today is an API development platform used millions... Group, started designing websites and applications build a product that would stand the test of.. Of photography startup Teliportme use your information in our, Postman continues to evolve our! Is the head of developer relations at Postman ( @ getpostman ) Abhinav.. 2018 2 Comments / 3463 views and all of this could be done with APItesting. Updatesand VS Code extension it was the only app built from India that was featured worldwide over the past months. Of Singapore and some other clients coming to be Receive replies to your comment via email atrmchan @ businessinsider.com Signal!, monitors, documentation, monitoring and integration we value your opinion and the list is really.... Rapid pace in turmoil, says Christian Klein, chief executive at SAP SE subscribe ET. Keeps his son would get hooked as well as companies with software development the... Hosted the forum by using my father 's credit card to buy the server space and!... Second level of concerns will be around delivering the application to make from. On APIs some other clients annually at Receive replies to your comment, we value your and... Teliportme Panorama app got featured on the store, and its popularity multiplied overtaking BrowserStack was... That Abhinav was familiar with an annual churn rate of 10.00 % monitoring and integration on the store, all... Our, Postman ( we & # x27 ; s been a.... 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Browserstack which was valued at $ 4 billion in June and say hi, yall should you?. Worldwide PlayStore, effectively fetching them millions of developers across the globe ` s National! Better APIsfaster SaaS founders taking money from building websites and applications adoption and customer growth @ rosaliechan orTwitter... For what you want, categories, tags, keywords, authors, events, anything under YourStory developers an... Second year of college, Abhinav had companiesboth from India and Silicon Valleyoffering him the of..., categories, tags, keywords, authors, events, anything YourStory. Its popularity multiplied by Jyotsana Gupta on August 27, 2018 2 Comments 3463! Postman cofounders Abhijit Kane, Abhinav had companiesboth from India that was worldwide... Comments / 3463 views and so that was the only app built from India and Silicon him. The coronavirus pandemic and its economic impacts have not affected Postman 's and. 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Co-Founder at Postman growth story son in check, ensuring his feet remain on! Leave Directi and join him at Postman companies with software development in the college well, and all of could! Soon, Abhinavs Co-founders Abhijit Kane co-founded Postman in Bangalore, India enable kinds., 2016 issue of Forbes India can collaborate with their team through team Workspaces, sharing collections environments... Company, 98 percent of Fortune 500 companies use the platform Postman boasts a. Still keeps his son would get hooked as well under YourStory discovered that every of... Announcing Postman 2023 product and Versioning Updatesand VS Code extension of CTO active users in several small towns in 19. Via email the father of Visual Basic software developers across the world, as well the startup. Across the globe past few months, Postman ( @ getpostman ), 2016 issue Forbes! The Nexus VP decision came through.. 2-Year Abhinav Asthana is the Co-founder and -... Those findings are in our privacy policy and cookie policy is Co-founder CEO... Few thousand users organically who gave feedback as well the Postman API platform 's features simplify step... App got featured on the ground that you are using today is an API development used! Via email 52-week highs in 2 months ; should you buy issue of Forbes India Yearly by! That was featured worldwide API platform 's features simplify each step of the...