If one were to choose an Indian startup for the company of the year for 2020, there is a good chance that Bangalore-based API API Application programming interfaces, or APIs, are ways in which software products can “talk” to one another. They communicate by exchanging information or instructions platform company Postman would figure in the shortlist. The company has largely stayed out of the limelight but has steadily and quietly built a big business, and an even bigger reputation. This culminated in a $150 million funding round mid-2020 at a valuation of $2 billion valuation of $2 billion The Ken How Postman delivered a US$2 billion valuation Read more —probably the fastest SaaS company to hit a unicorn milestone in India.
The Interview: Postman’s Ankit Sobti on how API is eating software
APIs may have emerged as a critical part of the software ecosystem lately, but SaaS unicorn Postman—which ratcheted up half a million users even before the company was incorporated—was one of the first to recognise their potential
Not only is Postman India’s fourth SaaS unicorn, but it's also probably the fastest SaaS company to hit that milestone
It is also only one of three Indian startups to figure in the Forbes Cloud 100 list of the most influential SaaS companies in the world
The company has a diverse set of users, including product managers and marketing professionals across verticals such as banking and oil and gas
Postman now wants to go beyond coding; the company wants to empower its users with capabilities that they didn’t have access to before