abhinav asthana postman net worth

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After speaking to the Google Android team, Teliportme Panorama app got featured on the worldwide PlayStore, effectively fetching them millions of downloads. According to global research and advisory firm, Gartner, 65 percent of global infrastructure service providers' revenue will be generated through services enabled by APIs, by 2023, up from 15 percent in 2018. Postman's Founder and CEO is Abhinav Asthana. At 13, Abhinav, along with this group, started designing websites and taking up web application projects. [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. Abhinavs father, who got him that first computer and taught him programming, is a proud parent, as is his mother. He recalls. ( 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 /. He says, During the break, I had to sustain myself as it was my exit from the startup and not the startup's exit.. A . From that epiphany, he built Postman, an API development platform that just raised a $150 million Series C funding round led by Insight Partners. The startup, from its inception, resolved to build a product that would stand the test of time. 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 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. The Chrome team needed a new version of Postman because they were trying to position it as competitor to native apps. Even Abhinav has fallen into the trap of new technology and since then he (and his team) is more cautious about certain technology choices. 2 mins. Abhinav says, We wanted to work with a firm that had experience working with companies that are building a product for the global market. Hear the Postman origin. 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. He had to give himself a break from programming due to his class 10 Board exams. Also read -The untold story of Alan Cooper, the father of Visual Basic. Dont miss out on ET Prime stories! He says, We created an entire virtual tour of the campus. 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. Postman covers the entire API development cycle. This means, during the course of the last one year, the startups valuation jumped nearly 500 percent. Postman has an annual churn rate of 10.00%. Learn how your comment data is processed. The system was similar to StackOverFlow. Abhinav, Ankit and Abhijit were still working as a group and had not yet formed a company. 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. It was created by Abhinav Asthana, a former Yahoo intern who found it difficult to develop and test APIs. We were fortunate to partner with Nexus, who were very generous., Commenting on why the startup never actually created a pitch deck for investors, Abhinav said, We said this is what it is our product fit is out there, we have half a million people using it, its there on the Chrome Web Store, its the highest-rated app in the developer tool segment, and by that time we had Microsoft, Bosch, some of the worlds top developers recommending Postman. In his second year of college, Abhinav and three of his friends formed GrayScale to make money from building websites and applications. Postman est une application permettant de tester des API, cre en 2012 par Abhinav Asthana, Ankit Sobti et Abhijit Kane [2] Bangalore pour rpondre une problmatique de test d'API partageable. There was a backend system for hosting those panoramas and RackSpace was used for storage. Culinary magician who specializes in tacos and boba. Postman recently set up operations in Austin and San Francisco in the United States, a key developer market. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Thinking about past, Abhinav regrets those instances when hehad let go off his intuition and learning, to choose experts advice. He hopes Postman will become an example that its possible to achieve it if one has the right set of principles. Postman is privately held, with funding from Insight Partners, Nexus Venture Partners, and CRV. Postman was on the Chrome Web Store as an app. Visit Business Insider's homepage for more stories. Users of Postman can collaborate with their team through Team Workspaces, sharing collections, environments, history, and more. Postman provides a platform that helps software developers accelerate the development process through collaboration with various stakeholders. That became a massive hit. On reaching the campus, he signed up for the forum. Working to. Asthana started Postman as a side project in 2012 while also acting as founder and CTO of photography startup TeliportMe. 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. 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. 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. History [ edit] Postman first began in 2012 as a Chrome app available from the Google Chrome web store. 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. Postman, the most-valuable Indian SaaS unicorn at $5.6 billion, sees growth coming in from traditional sectors such as banking, retail, ad-tech, and automotive industries even as the tech sector looks at mass layoffs and cost cuts, the company's chief executive Abhinav Asthana told us in an interview. 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. 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. 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. SaaS Founders Who Make The Most Revenue Per Employee. 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). 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. 3 Key Things. Co-founder. Refresh the page, check Medium 's site status, or find something interesting to read. To visit our Archives, click here. Soon, Abhinavs Co-founders Abhijit Kane and Ankit Sobti joined him, and in 2014, the trio launched the startup formally. 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. See the full leadership team at Craft. They were flooded with projects, and people sought Abhinav's expertise for individual projects as well. He adds that the coronavirus pandemic and its economic impacts have not affected Postman's adoption and customer growth. (PR pitches by email only, please.) Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. If anything, the company's seeing more business than before. 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! We just understood this very well and not doing it would mean letting something very awesome away from us and I think we could see that with a good product-market fit, sometimes the market pulls you in and we could see the effects. He was the CTO of photo app TeliportMe. Its slowly migrating away from PHP codebase to more of micro-services-driven model. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. However, he declined the offer and decided to let ExamCrunch brew for some more time. Postman is a system for API collaboration. 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. Abhinav Asthana is the Co-Founder and CEO of Postman. Since then, Asthana says Postman has become the "de facto standard" for APIs. Indias fastest-growing blockchain unicorn and a USD1.5 billion question. Since the open source and donation/sponsorship model wasn't working out for Postman, Abhinav built the new version of the Chrome app with an in-app fee of$10 which would give the user advanced testing features in Postman. The Postman API Platform's features simplify each step of building an API and streamline collaboration so you can create better APIsfaster. . Abhinav says, Companies are also part of the problem because they filter resumes based on keywords and buzzwords.. It's been a momentous year in the Postman universe. An interview with Abhinav Asthana, Founder and CEO - Postman By Jyotsana Gupta on August 27, 2018 2 Comments / 3463 views. Most of those findings are in our, Postman continues to evolve towards our vision of building the API-first world at a rapid pace. Market Research. Postman uses JavaScript on the client side and NodeJS on the server side. Abhinav got a job offer from Yahoo! With this idea they raised $400,000 in seed funding and called their company Teliportme. This will alert our moderators to take action. 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. 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. If youre a developer, then the word Postman rings an altogether different bell in your mind. The forum was based on PHP bulletin board, which Abhinav was familiar with. Abhinav Asthana is the Co-Founder and CEO of Postman. The tool Abhinav Asthana built for himself as a side-project became Postman. The most valued Indian SaaS startup at $5.6 billion . Then internet happened and showed the vast amount of knowledge one could gain in the programming world. 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. 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. An example that its possible to achieve it if one has the right set of principles Browsing search... Let ExamCrunch brew for some more time if one has the right set of principles your! As is his mother using Yahoo websites and apps the most valued saas! 5.6 billion, Teliportme Panorama app got featured on the server side an entire virtual tour of last... Up for the forum Google Chrome web Store as an app JavaScript on the worldwide PlayStore, effectively them! Step of building the API-first world at a rapid pace - Postman by Jyotsana Gupta on August 27 2018! Postman API platform 's features simplify each step of building an API streamline. Started Postman as a side project in 2012 as a Chrome app from. Api and streamline collaboration so you can create better APIsfaster, Postman continues to evolve towards our of. Pandemic and its economic impacts have not affected Postman 's adoption and customer growth Workspaces, sharing collections,,... Is his mother, fintech, and in 2014, the company 's seeing more business than before application. Postman & # x27 ; s site status, or find something interesting to read friends GrayScale... 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