Programming as a help (SaaS) start-up Postman has brought $150 million up in its Series C subsidizing round, drove by Insight Partners at a valuation of $2 billion, catapulting it into the desired unicorn club. 

ET was the first to report the improvement on June 5. Existing speculators Nexus Venture Partners and Charles River Ventures, which had together put $50 million into the organization in June 2019 at a valuation of $350 million, likewise partook in the raising support. The San Francisco and Bengaluru-based organization has brought $208 million up in absolute across different financing adjustments. It is comprehended to have timed an income of $40 million of every 2019, as per an individual up to date. 

Mailman is the fourth Indian SaaS organization to enter the unicorn club after FreshWorks, Druva, and Icertis. Among the four, Postman has been the quickest to arrive, taking only six years to be esteemed at more than $1 billion. Mailman is a joint effort stage for overseeing, creating, and testing application program interfaces (APIs). APIs are a lot of instruments for building applications utilized by programming engineers. 

"Advanced business is driven by API-associated, cloud-based programming, and Postman is in the outright vanguard of organizations driving quicker and increasingly powerful improvement of arrangements over a large number of ventures," said Jeff Horing, fellow benefactor of Insight Partners. The organization said the most recent venture will help quicken development and keep up administration in the API advancement space. 

"Engineers everywhere throughout the world are quickly changing from the code-first mentality to an API-first attitude with Postman being the focal point of this unrest," said Abhinav Asthana, fellow benefactor, and CEO of Postman. 

As indicated by the organization, more than 11 million designers have joined on its foundation from across 500,000 associations. 

Industry watchers revealed to ET that Postman's enormous valuation originated from the way that it was the biggest player with scarcely any rivals in what is a quickly developing space internationally.