LinkedIn has made some great moves after it went public. LinkedIn’s growth is not only in US but the Indian chapter has also witnessed a huge growth. From 3.4 million in 2009 to 10 million in 2011 is a mark that needs a pat on Mr Hari V.Krishnan’s back. Mr. Krishnan joined LinkedIn India in 2009 after leaving MySpace and has constantly focused to trend the growth of LinikedIn India.
LinkedIn undoubtedly world’s biggest professional site’s growth is marked on the product enhancements that it has been doing. Starting with introduction of LinkedIn Today, streamlining the LinkedIn app market and finally getting its own LinkedIn button, ‘Apply with LinkedIn’. These constant enhancements not only have increased the stock prices but have motivated people from all streams to join the network. With 2 offices in India one at Gurgoan and another at Bangalore, LinkedIn let us believe that there are serious plans in the future.
But are these moves making the job portal market jittery? The answer lies in the latest move made by Monster which launched Return2Home portal targeting the NRI’s. Return2Home will provide a portal where NRI’s who want to come back to India can apply. It’s quite clear that job portals like Monster are trying to tap other job markets. But apart from Monster there has been no new movement in this space by Naukri which posted 27%YOY growth in FY11.
With a database of 100 million, tools such as search job, company pages and yet to be launched ‘Apply With LinkedIn’ features must be giving sleepless nights to Indian job portals.