Page 36 - IACC Newsletter June 2013 Issue 11

Basic HTML Version

The company has taken up space for consolidating its existing offices while the rest will be used for growth. "The new
facility can seat 750 people and will be mostly used for expansion. It has also taken into account growth for three years,"
said a person having direct knowledge of the transaction. LinkedIn has 150 employees in India as on December 2012.
The transaction was handled by property consultant DTZ.
LinkedIn India is headquartered in Mumbai with two offices in Gurgaon and a technology centre in Bangalore, the first
outside the US. Situated at the Bagmane Technology Park, the LinkedIn Technology's R&D centre is its fourth office in
the Indian market. The world's largest professional networking site, with over 20 million users in India, has added five
million more users in the past 12 months ended March 2013.
India, with 100 million Internet users, provides the second largest user base for LinkedIn, after the US, where it has 74
million users.
LinkedIn has launched a series of new products to make things easier for users and its premium offerings in India. ING
Vysya, HCL Technologies and WABAG are among the companies that are extensively using LinkedIn Talent Solutions to
establish an employment brand, develop their career pages and boost their recruiters' ability to identify and connect
with the best talent.
"Having grown by almost 500% since LinkedIn India started operations in November 2009, the 20 million members
account for about 9% of LinkedIn's global members (225+ million)," said Rao.
The 22-acre Prestige Tech Park has three independent towers having two wings each of an average floor plot size of 40,
000 sq ft. It houses some big companies such as JP Morgan, Quintiles, and Adobe. Private Equity fund Red Fort Capital
had invested $35 million (Rs. 157.54 crore) in the tech park in January 2007.
Typically, leasing of commercial real estate is a good indicator of a country's business outlook. According to Cushman &
Wakefield, office markets in India registered a downward spiral in absorption in the first three month of the year.
Google India launches 'Start Searching India'
Campaign aims to share interesting tips about search with Indian netizens
Sandeep Menon, Director, Marketing, Google India
Considering Chandigarh one of the top cities when it comes to internet usage, Google India launched its 'Start Searching
India' campaign in the city to help users get the most out of Google Search. The campaign aims to share interesting tips
about search with Indian netizens, to be available online at The aim is to help simplify the web
for users, showing how they can get instant answers to their most-common queries.
Sandeep Menon, Director, Marketing, Google India said, "Today the next billion users are making the leap from no
Internet to mobile Internet, without ever having used a desktop computer. Chandigarh is believed to be one of the top