Delhivery Launches Delhivery Maps - India's first AI-native Mapping Suite built on Commercial Logistics Telemetry

On the milestone occasion of Delhivery’s 15-year anniversary, Delhivery, India’s largest logistics services provider, today announced the launch of Delhivery Maps, an AI-Native suite of geospatial APIs designed specifically to navigate India’s unique address landscape. Built as a proprietary infrastructure to power 100% of Delhivery's nationwide network, the platform is now commercially available to external enterprises, developers, and gig-economy platforms.

Tested on Billions of Shipments
Unlike consumer-grade maps optimized for passenger transit, Delhivery Maps is engineered specifically for commercial shipping by integrating critical operational parameters such as heavy-vehicle and bike speeds, routing constraints, incomplete address input and landmark based navigation. Its accuracy and reliability are backed by historical metadata from over two billion shipments as well as one billion daily GPS pings streamed from an active fleet of over 100,000 vehicles.

By completely replacing Delhivery's reliance on expensive third-party mapping providers across its Express Parcel, Part-Truckload Freight, Supply Chain Services and Delhivery Local, Delhivery Maps offers proven commercial scale, data integrity, and high-performance routing at a highly competitive price.

“We built Delhivery Maps out of operational necessity to run India’s largest logistics network intelligently and solve for unstructured addresses and commercial routing rules at a massive scale. Opening up the API and AI Models externally marks our entry as a commercial geospatial infrastructure provider.”, said Kapil Bharati, Executive Director and CTO of Delhivery.

Built on homegrown AI Model - Naksha LLM
Delhivery Maps delivers a comprehensive suite of core mapping APIs including Auto-Complete, Geocoding, Reverse Geocoding, Vehicle Aware Routing, Navigation, Distance Matrix, and Map Tiles offering superior real-world accuracy. This precision is driven by Naksha LLM, a set of geospatial reasoning models that replace rigid databases with dynamic reasoning loops. By making both the APIs and Naksha LLM available on the Delhivery Maps MCP, developers can deploy advanced AI workflows and autonomous agents that demand high-tier location intelligence.

Industry-wide business use cases
Delhivery Maps addresses the specific operational bottlenecks that existing mapping tools overlook across several sectors. Deploying Delhivery Maps allows brands, hyperlocal, quick-commerce firms, ride-hailing and gig-economy operators to do geospatial analysis, optimize address validation, resource match-making, route planning, navigation, ETAs, eliminate fare disputes and driver friction by utilizing vehicle-specific routing.

Live for integration

Delhivery Maps APIs are now available for commercial integration. Enterprises and developers looking to optimize their logistics, checkout experience, and dispatch operations can contact the engineering and integration team at maps@delhivery.com or visit https://www.delhivery.com/maps

Delhivery is India's largest logistics services provider. The company is a leading provider of logistics services including e-commerce and express parcel transportation, on-demand logistics, part truck-load (PTL) freight, full-truckload (FTL) freight services, cross-border air express and freight services, warehousing and supply chain solutions, data services and software including warehouse management and transportation management systems to over 52,000 clients. For more information about Delhivery, please visit www.delhivery.com.

SAMCO Launches Its Trade API: Pioneering Algo Trading for Large-Volume Traders

Revolutionizing Algorithmic Trading with Zero Charges

SAMCO Securities, a leading online stockbroker in India, is pleased to announce the launch of Samco Trade API, a powerful service designed to empower Algo traders to execute large-volume trades with unparalleled efficiency and precision in the Indian stock market.

SAMCO Trade API is a comprehensive suite of Rest APIs that provides traders with seamless access to a world of trading possibilities. This tech-enabled service opens up a wealth of opportunities for algorithmic traders by enabling them to build, test and execute their own trading strategies effortlessly. Designed to meet the specific needs of experienced traders, SAMCO Trade API is set to transform the landscape of Algo trading in India.

Jimeet Modi, Founder and CEO of SAMCO Group, emphasized the significance of the Trade API, "SAMCO Trade API represents a significant milestone in our commitment to providing cutting-edge solutions to traders. We believe in empowering traders to achieve their financial goals, and Trade API is a testament to that commitment. With the ability to execute large-volume trades, access adjusted historical data of 30 years, and enjoy zero charges for usage, we are confident that SAMCO Trade API will set new standards in Algo trading."

Key Features of Samco Trade API:

• Zero User Charges: SAMCO Trade API offers users the unique advantage of zero charges for API usage, ensuring that traders can focus on their strategies without the burden of excessive fees.
• High-Speed Trading: With the ability to handle an impressive 200 orders per second, traders can execute trades swiftly and efficiently, capitalizing on market opportunities in real-time.
• 30 Years of Historical Market Data: SAMCO Trade API is the only service that offers historical adjusted data and access to a rich repository of 30 years of adjusted historical data, empowering traders to make informed decisions based on a deep understanding of market trends.
• Live Streaming with No charges: Traders can access live streaming data, ensuring they stay connected to the latest market developments and make timely, data-driven decisions without incurring any cost.
• User-Friendly API Documentation: SAMCO Trade API offers intuitive API documentation, making it easy for traders to design, modify, and monitor their trading algorithms with simple drag-and-drop tools.
• Robust Market Data for Back-testing: Traders can put their strategies to the test using the robust back-testing market database, optimizing their algorithms for maximum performance.
• Wide Selection of Markets and Instruments: SAMCO Trade API provides access to a diverse range of markets and instruments, including stocks, forex, commodities and more enabling traders to diversify their portfolios.
• Secure and Reliable Execution: The API connects users to the best broking platform and exchanges, ensuring secure and reliable execution of orders with speed and accuracy.
• Multi-Language Compatibility: SAMCO Trade API is compatible with popular programming languages like Python, Java, JavaScript, and NodeJS, providing traders with open access to live market feeds, orders, live positions, and more.

SAMCO Trade API is set to offer the traders an unparalleled advantage in terms of speed, data access, and cost-effectiveness. Whether you are a seasoned Algo trader or just beginning your journey in the stock market, SAMCO Trade API is your gateway to a world of trading possibilities.
For more information about SAMCO Trade API and to get started please visit http://www.samco.in/tradeapi

About SAMCO Securities

SAMCO Securities was incorporated by Mr. Jimeet Modi, Founder & CEO of SAMCO Group in 2015. As the country’s leading flat-fee brokerage and wealth-tech platform, SAMCO Securities provides retail investors access to sophisticated financial technology and makes their wealth-creation journey simple, informed, and cost-effective. SAMCO Securities mission is to eliminate the existing challenges faced by traders and investors and democratize access to wealth management process for every Indian. With customer centricity at SAMCO’s core, we implement a quantitative approach to provide differentiated solutions that empower our customers in acing the capital markets.

SAMCO Securities is pioneering the stock market trading by introducing industry first features like My Trade Story, Trade Spreadsheet, Personal Index to name a few under its CRP strategy.

The full-service wealth creation platform powered by content and research is accredited with many industry first such as the flat-fee pricing model. StockBasket, another industry-pioneer, evaluates over 2 crore data points to discover India’s best quality stocks for long-term wealth creation. Furthermore, the industry-first KyaTrade instantly identifies and streams a multitude of trading and investing ideas so that the customers can trade from anywhere and anytime, among others.

For more details, visit https://www.samco.in/

Gullak Partners with Juspay Becomes the First in India to Implement UPI Plugin SDK

Gullak joins hands with Juspay to become the first in the industry to implement UPI plugin SDK

The latest in UPI - UPI plugin SDK promises a 5X faster payment experience

Gullak, a leading fintech app, becomes the first to implement Juspay’s UPI plugin SDK - HyperUPI. This will eliminate the need for Gullak’s customers to go to another UPI payment app during checkout, ultimately allowing them to pay within Gullak’s app itself.

Through this it will reduce the time taken for one UPI payment from 22 seconds to less than “3 seconds” and will now lead to fewer taps, near 0 payment failure rates, & a 100% redirection elimination, promising its users a smoother payment experience.

Dilip Jain, Co-Founder, Gullak says “Gullak In-App UPI SDK payment experience aims to remove the friction, switching to external apps and high failure rates during payment. With In-App UPI SDK customers can complete their UPI payment in less than 3 seconds and will no longer have to switch to other upi apps to complete their payment. We are committed to constantly innovate and leverage cutting-edge technology to deliver the most seamless savings experience for the billion Indians. Juspay SDK has simplified the entire integration process, it took us less than a week to finish the integration.”

“We are thrilled to introduce HyperUPI in collaboration with Yes Bank and NPCI, as Indian customers and businesses rapidly embrace UPI as their preferred mode of digital payments,” said Mr. Sheetal Lalwani, Chief Operating Officer, Juspay. “As a company, we are committed to building innovative solutions that remove payment friction while maintaining high security standards. With HyperUPI, we aim to empower businesses to seamlessly integrate UPI into their apps, providing customers an unparalleled payment experience.”

Started in 2022, Gullak is set out to create wealth for the next 100 Mn Indians. Gullak helps users create wealth by automating savings using UPI autopay 2.0 & auto-investing that into digital gold using Augmont - one of India’s largest Gold refineries.

Gullak currently has a GMV of $1.5Mn & has gained popularity with its latest offering - Gullak Gold+ - an investment option through which you can earn an assured extra 5% Gold every year on top of annual Gold returns of ~11%. They provide the extra 5% by leasing your Gold to large jewellers who in return give you an interest every month. The company claims that returns from Gullak Gold+ beat returns of 90% of Mutual Funds as well.

Juspay has been a key contributor to the development of the financial ecosystem in India. Juspay is a key player in UPI and powers the UPI technology for large banks like Axis Bank, ICICI Bank and Yes Bank. It is also the UPI payment provider for leading merchants such as Amazon, Google, CRED, Bajaj, Ola, Swiggy, among others

Ambee Launches New Severe Weather Alerts API to Notify Users of Heatwaves, Storms and Hurricanes

The New API Notifies Users of Hurricanes, Storms, and Heatwaves.

Ambee, a climate intelligence company that supplies actionable environmental and climate data in real-time, has launched a new API to alert users of severe weather events such as hurricanes, storms, and heatwaves. Ambee’s severe weather alerts API can help users to take precautions, build necessary solutions, and, most of all, prepare for the future.

Hurricanes, heatwaves, wildfires, floods, and other extreme weather conditions cause considerable losses to societies and individuals worldwide. 70% of businesses worldwide experience disruption in operations and finances due to abnormal weather events. It is critical to consider the causes of these events, as well as their relationship to climate change and how various environmental factors interact with one another.

Severe weather alerts by Ambee are available in the form of APIs. This API provides alerts of extreme weather events on a real-time basis, at a frequency of once every hour. Ambee’s new severe weather alert API is designed to notify you of the likelihood of the occurrence of the following extreme weather events:

• Tornado: clouds, strong wind, rain, hail.
• Hurricane or cyclone: strong wind, heavy rain.
• Blizzard: heavy snow, ice, and cold temperatures.
• Dust storm: strong currents and arid conditions.
• Flood: heavy rainfall
• Hail Storm: cold or warm temperatures, rain, ice.
• Ice storm: freezing rain

As the intensity and frequency of severe weather disasters increase, we need to track Earth’s climatic changes more closely. With the launch of the new severe weather alerts API, Ambee offers stakeholders the chance to take the next step towards a deeper understanding of the climate.

Commenting on the new API, Chandrashekar D, VP of Engineering, Ambee, said, “Several environmental factors interact to increase the frequency and risk of extreme weather events and poor air quality." Businesses and organizations need to take steps to help protect communities from the harmful impacts of climate change. At Ambee, we use the power of data science and machine learning to better support scientists in understanding these environmental disasters. We apply Ambee’s proprietary algorithms to monitor these events and offer alerts based on any new anomalies detected. "

To know more, visit https://www.getambee.com/api/severe-weather-alerts.

About Ambee

Ambee is an environmental and climate intelligence company that builds hyperlocal datasets for air quality, pollen, weather, active fires, and other climate parameters. The company was founded with a mission to democratize access to environmental data and tools that enable a better and healthier living experience.

Ambee’s environmental APIs aggregate raw data from multiple sources, such as on-ground sensors, satellite imagery, and open-source traffic data, and process it with proprietary AI algorithms to build reliable and accurate datasets.

Ambee provides location-specific and real-time data that can be used by a wide range of markets that aim to build a healthier planet. Businesses and administrators across the globe integrate Ambee’s AI-powered, scientifically-validated data into their businesses and lives to create sustainable and climate-friendly surroundings.

Silicon Valley-based EdTech Firm ELSA Announces the Availability of Its Proprietary AI-enabled API

Leading English Language Proficiency App ELSA Releases Availability of Speech Recognition and Feedback Engine API

Democratizes Access to English Speaking & Training, Announces Partnerships with Edtech Institutions

ELSA, a company that uses speech recognition technology and artificial intelligence to help language learners improve their spoken English, today announces the availability of its proprietary AI-enabled API. This API technology integrates into any language learning solution to develop an English-speaking feature with automated speech recognition and interactive teaching. ELSA’s AI technology was built for the ELSA Speak App, which boasts 25+ million customers worldwide. With the release of its API, ELSA is democratizing the access to quality learning for users around the globe with new edtech partnerships with CNA Go in Brazil, Edulinx in Japan and Sahi.ai and UOLO in India to name a few.

ELSA (English Language Speech Assistant) is an AI-powered app that helps learners speak English more fluently. One of the differentiating attributes of its API is a focus on pronunciation, which can recognize non-native speech with +95% accuracy and design a pathway to native pronunciation. 

ELSA’s API provides detailed feedback for both scripted and unscripted speech with word stress, pronunciation, fluency, intonation of the audio input, grammar and vocabulary analysis. The learner also receives an estimated IELTS score/ CEFR level based on their speaking proficiency. Learners receive customized & interactive practice with the AI on any topic, offering a natural learning setting where any learner can benefit. Speech features are among the most engaging to learners; as shown through ELSA’s average session length of 23 minutes, in the top 10% of all learning apps.

Speaking on the announcement Vaibhav Anand, India Country Manager said, “Our proprietary voice recognition makes ELSA unique in terms of training based on voice recognition. In India itself, ELSA offers Bengali, Hindi, Punjabi, Telugu and Tamil as an option under ‘mother tongue’ to non-native English speakers. As a global brand, our endeavour is to build an ecosystem of learning where individuals can master spoken English and become confident with ELSA.”

“As English communication quickly evolves into a requirement for the modern skillset, it’s essential that edtech and learning companies include this competency in their curriculum. Students want digitized training and quality learning at their fingertips anytime, anywhere and the release of our API makes it available to a broader audience,” said Ms. Vu Van, Co-Founder and CEO of ELSA.

Accuracy of ELSA’s AI is highest in the market because ELSA possesses the largest audio dataset of non-native speakers, and its AI can adapt depending on the speaker’s mother tongue. The ELSA app has aggregated 25m+ users across 120+ countries and retains a 4.8 / 5 rating by 50,000+ users on the Apple App Store & Android Play Store. In 2022, it plans further expansion in Vietnam, Latin America, India, and Japan after a prosperous 2020 with a 300% increase in its revenue. ELSA plans to collaborate with more edtech companies to further enable language learning around the world.

In addition, ELSA is a strategic partner to Sahi.ai, an Indian staffing platform, to help its gig workforce enhance their English skills for better opportunities and wages. ELSA has also partnered with CNA Go, the largest English center chain in Brazil, and Edulinx, a leading TOEIC and corporate English education company in Japan, to enhance their digital platforms with speaking features.

According to research, teaching through combined senses (ie. auditory + visuals) fosters better long-term memory formation and better learning outcomes, especially in children. Leveraging on this understanding, POPS Kids, an interactive educational platform for Vietnamese children, integrated ELSA voice recognition technology into their English pronunciation practices. While watching cartoons, the young users can learn native pronunciation and interact with a fun AI tutor. Another edtech partner, UOLO, reported an engagement rate at 10-15x times of normal lessons when applying ELSA’s API in a gamifying renovation of its speaking module.

For more information and to obtain pricing for ELSA’s API, visit: https://business.elsaspeak.com/elsa-api

About ELSA

Founded in 2015 by Stanford alum Ms. Vu Van, and Dr. Xavier Anguera, a veteran in speech recognition and AI, ELSA is a Silicon Valley based company that uses proprietary speech recognition technology and artificial intelligence to help language learners improve their English pronunciation. The inspiration for ELSA, the 2016 SXSWEdu winner, came when Vu realized that pronunciation and accent often pose a hindrance for non-native employees in business. 

ELSA has raised $27 million in capital and is backed by leading VCs like SIG, Gradient Ventures and Monks Hill Ventures. In 2021, ELSA was named in the Top 100 Artificial Intelligence Startups Redefining Industries by CBInsights. The company also has offices in Portugal, India, Japan, Indonesia, Brazil and Vietnam. 

For more information, visit: https://business.elsaspeak.com/elsa-api

2020 "Postman State of the API” Reveals API Investments Will Remain Strong

More than 13,500 respondents told Postman that while the pandemic put the world on hold, API development continues to surge.

Postman, the leading collaboration platform for API development, today released the results of its 2020 State of the API Report. The annual report, the largest and most comprehensive survey of the API industry, surveyed 13,586 API developers, testers, executives, and others to understand who is working with APIs, how they are getting their work done, and where they see the industry headed.

Key survey findings:

• API investments have remained strong: Close to half of respondents stated that investment of time and resources into APIs will increase over the next 12 months, while another third stated that investments into APIs will stay the same, despite a challenging economic environment.
• The pandemic has changed the world, but it didn't stop APIs: 89% of industry members surveyed stated that their organizations offered remote work options as a result of COVID-19. Nearly a third (30.6%) said that APIs played a role in their organization's ability to respond to COVID-19 by facilitating customer communications, powering remote work options, and quickly responding to regulatory changes and government initiatives.
• APIs are the nucleus of digital transformation: For those working on digital transformation initiatives, 84.5% state that APIs are playing a significant role in those initiatives.

 

"Our annual survey reveals that the API ecosystem is expanding, investments are flowing, and momentum for an API-first philosophy is being embraced more and more, " said Abhinav Asthana, Postman's co-founder and CEO. "The data also shows us the importance of APIs and their role in responding to sudden and tectonic shifts in the way businesses, governments, and nonprofits operate, including pandemics."

 

Over 60% of survey respondents rated themselves as 5 or better (out of 10) in terms of embracing an "API-first" philosophy, which indicates a groundswell toward API-first. The API industry also continues to touch just about every job role, from developers to management to sales, and even to the C-suite. In fact, 1 in 10 of those working with APIs today are in management roles—from the C-suite through to directors and managers.

 

"After a full review of the data, we found that more than 7 in 10 respondents said the most important factors they consider before integrating with APIs were reliability, security, performance, and documentation," said Postman Chief Evangelist Kin Lane, who works with many companies that are integrating APIs. "However, less than half of the respondents indicated that pricing was an important factor."

 

Additional survey findings:

●       Lack of time (52.3%) is the number one obstacle to producing APIs. Lack of documentation (54.3%) is the number one obstacle to consuming APIs.

●       Respondents felt they should spend more time designing (11% of their time, in an ideal world) and automating testing (15%) for APIs, and less time debugging APIs (10%) than what they experience in real life: Only 8.7% of time is spent designing APIs and 11% of time is spent automating API testing, while 17% of time is spent debugging APIs.

●       REST (93.4%) is the dominant architectural style, followed by webhooks (34.4%), SOAP (33.4%) and GraphQL (22.5%). JSON Schema (75.6%) is the dominant API specification, followed by Swagger 2.0 (43.9%) and OpenAPI 3.0 (27.8%).

●       Microservices (48.7%) is the future technology respondents are most excited about, followed by Kubernetes (43.6%) and containers (42.2%).

 

About Postman

Postman is the leading collaboration platform for API development, used by more than 12 million developers and 500,000 companies worldwide. Postman is an elegant, flexible platform that is used to build connected software via APIs—quickly, easily, and accurately. Postman is headquartered in San Francisco and has an office in Bangalore, where the company was founded. Postman is privately held, with funding from Insight Partners, Nexus Venture Partners, and CRV.

Aarogya Setu Introduces ‘Open API Service’ to Help the People, Businesses and the Economy to Return to Normalcy

As we move on to the new normal of learning to live with COVID19, Aarogya Setu team has worked on a new innovative feature which is called ‘Open API Service’. In order to help businesses and economy to start functioning while being safe, the Open API Service enables organizations to check the status of Aarogya Setu and integrate it into its various Work from Home features. The Open API Service of Aarogya Setu, addresses the fear/risk of Covid-19 infections and help the people, businesses and the economy to return to normalcy.

Aarogya Setu has been powering India’s fight against COVID-19 since its launch on 2nd April 2020. Aarogya Setu has now emerged as the most downloaded contact tracing App in the world, with more than 15 crore Users. The overwhelming support of the people has enabled Aarogya Setu to aid the efforts of frontline health workers and the Government in COVID-19 mitigation and management efforts.

More than 6.6 million Bluetooth contacts have been traced and percentage positive of those who have tested is almost 27%. Thus Aarogya Setu based Bluetooth contact tracing and testing is very efficient and effective. Similarly, many others have been advised for caution and quarantine and it has led to breaking the chain of spread and has been effective in early detection and ensuring that fatality rates in India are amongst the lowest.

The Aarogya Setu ITIHAS interface which uses location data and Aarogya Setu analytics to predict emerging hotspots at Sub Pincode levels has been very effective in helping the health officials and administration to take necessary precautionary steps. More than 30,000 hotspots have been identified at a very granular level of 300 m X 300 m and shared with State Governments and Districts. 

Since its launch, Aarogya Setu has continuously innovated and introduced more novel features like e-pass integration, QR Code scanning, sharing of Health status with family/known persons - all of which have been very effective in keeping India and Indians safe in line with the motto of Aarogya Setu – Main Surakshit, Hum Surakshit, Bharat Surakshit.

Open API Service

The Open API Service of Aarogya Setu, can be availed by organizations and business entities, who are registered in India with more than 50 employees, and they can use the Open API Service to query the Aarogya Setu Application in real-time and get the health status of their employees or any other Aarogya Setu User, who have provided their consent for sharing their health status with the organization. The Open API shall only provide the Aarogya Setu status and name of the Aarogya Setu User (with User's consent). No other personal data shall be provided through the API.

Registration for Open API Service can be done at : https://openapi.aarogyasetu.gov.in

Technical queries, related to Open API can be addressed to : openapi.aarogyasetu@gov.in  

Cashfree strengthens API Banking Platform ‘Payouts' by Increasing Partnerships with Leading Banks

Cashfree, India's leading business payments platform, has announced partnerships with HDFC Bank, Kotak Bank and IndusInd Bank to strengthen Payouts, its bulk disbursal platform. Payouts, an API based banking solution, is a simple and automated way to send money in bulk to any company's bank account in India, instantly in real-time, 24x7 and even during bank holidays. Businesses can send money to other bank accounts, cards, Amazon Pay, Paytm and UPI IDs.

Akash Sinha, Co-Founder and CEO of Cashfree said, “Through our strategic partnerships with India leading banks, we continue to strengthen our platform and enable businesses to manage and automate bulk payments. By fortifying our network of banks, Cashfree's disbursals in the form of refunds, vendor payments and more will become faster and easier than ever.
Digital payments are witnessing tremendous growth in the country. In the last five years, we have witnessed the growth of unique internet businesses that are growing rapidly and changing the lives of their consumers. In such a scenario, it is imperative for money to move faster than ever before. Cashfree's Payouts is a true enabler of this movement, allowing businesses to make bulk payments instantly 24x7, even on bank holidays. The strong partnerships that we have forged with India's leading banks on our platform allows our merchant partners to have a higher success rate for online transactions, enabling them to focus on growing their business."

Payouts by Cashfree is used by thousands of businesses such as Delhivery, Xiaomi, Club Factory, and Shell, for use cases like vendor payouts, wage payouts, bulk refunds, expense reimbursements, loyalty & rewards. More than 20 million bank accounts have received a payout through Cashfree.

Benefits of Payouts:

Instant beneficiary addition and money transfer 24x7, even on bank holidays: Businesses can instantly add beneficiaries and make bulk transfers through Cashfree. Money can be sent instantly, 24x7, even on bank holidays.

Robust APIs for automated Payouts: Cashfree's API can support millions of daily transactions to handle the scale of business. A user can simply use the API or opt to use the Payouts' simple excel file upload option via Cashfree's dashboard and make bulk payments.

Pay salaries, vendor payments and refunds directly from your internal product or ERP:

Users do not have to juggle between their ERP and banking applications to make payments. Bank current account holders can simply integrate Cashfree's Payouts API with their product or internal ERP and trigger the payments from their linked current account. Businesses with a maker-checker workflow can continue to authorize their payments in the Bank's Corporate Internet Banking portal.

Automated reconciliation of failed transfers:

Cashfree's intelligent algorithms can analyse a users' bank statement to reveal payment failure and automatically reconcile the same.

Bank Account Verification: Cashfree helps identify if the name of the account holder and if the bank account number is correct.

About Cashfree

Cashfree is a payments and banking technology company that enables businesses in India to collect and send money around the clock. Founded by IIIT Hyderabad alumnus Akash Sinha and IIT Kharagpur graduate Reeju Datta, Cashfree enables more than 50,000 businesses with payments collections, vendor payouts, wage payouts, bulk refunds, expense reimbursements, loyalty and rewards. Incubated by payments pioneer Paypal, Cashfree is backed by Smilegate and Y Combinator.

APIs Expanding Beyond Developers - Reveals 2019 Postman "State of the API" Report

A new survey of more than 10,000 respondents found that more non-developers now work with APIs than ever before as the API ecosystem expands.

Postman, the leading collaboration platform for API development, today released the results of its annual 2019 Postman “State of the API” Report. The report is based on a survey of more than 10,000 API developers, users, testers, and executives. The respondents provided insights on everything from how their time with APIs is spent to what they see as the most significant issues and opportunities for APIs in 2020.

While the survey reports that more developers work with APIs (Application Programming Interfaces) than anyone else in a typical organization, the reach of APIs is increasingly touching more people than just those who code. Only 46.6% of respondents identified as being either a front-end or back-end developer (compared to 58.6% last year), with QA engineers, technical team leads, API architects, DevOps specialists, and others rounding out the field.

“This year’s survey data reveals that the API ecosystem is expanding beyond developers,” said Abhinav Asthana, Postman’s co-founder and CEO. "Working directly with APIs has become part of a surprising number of positions, including non-developers such as executives and technical writers, which we think is an intriguing trend.”

Key data highlights from the survey include:

API Security: While API security is a hot topic—driven by frequent reports of API security breaches and misuse—respondents feel confident in their API security postures. Nearly three-quarters feel that their APIs are “very secure” or have “above-average security.” Only 2.4% stated that their APIs were not at all secure.

API Documentation: The most helpful enhancement that API producers can make is to provide better examples in the documentation (63.5%), followed by standardization (59.4%) and sample code (57.8%). API consumers also find real-world use cases, better workflows, additional tools, and SDKs helpful, although to a lesser extent.

Additional data points:

• Experience: 78.2% of developers have 5 or fewer years of experience developing APIs; 12.2% have 10 or more years of experience


• Team Size: 72.6% work on teams of 10 members or less, 25.7% on 22-50 member teams, and 1.7% on 50+ member teams


• Time Spent: 26.1% of time is spent on development, 22.2% on debugging and manual testing, 11.4% on automated testing, 11.2% on designing and mocking, 9.1% on managing others, 7.3% on documentation, 5.7% on monitoring, 3.6% on publishing, and 3.3% on writing about APIs (NOTE: 70% spend more time on manual testing and debugging than they thought they should)


• Number of APIs: 39% generally work with 1-5 APIs, 22% with 6-10, 14% with 11-20, 11% with 20-50, and 13% work with more than 50 APIs


• Internal vs. External: 52.8% of APIs used are internal, 28.4% used were shared only among integration partners, and 18.8% used are public


• Performance: 47.6% feel that their APIs do not break, stop working, or materially change specification often enough to matter, 28.4% said it happens monthly, 15.7% weekly, and 3.2% daily


• Industry: 52.3% work in technology, 41.2% in business and/or IT services, followed in order by banking and finance, healthcare, retail, manufacturing, government/defense, advertising/agencies, nonprofits, and a variety of other industries.


• Technology: 53.9% said microservices is the most exciting technology for developers in the next year, while 45.5% said containers and 44.0% said serverless architecture (NOTE: OpenAPI 3.0, GraphQL, HTTP 2.0, and WebSocket were also considerations)

The complete “State of the API” report can be found here: https://www.getpostman.com/resources/infographics/api-survey-2019/

About Postman:

Postman is the leading collaboration platform for API development, used by more than 8 million developers and 400,000 companies worldwide. Postman is an elegant, flexible platform that is used to build connected software via APIs – quickly, easily, and accurately. Postman is headquartered in San Francisco and has an office in Bangalore, where it was founded. Postman is privately held, with funding from Nexus Venture Partners and CRV.