linkedin networking site india plans start ups indian tech startups
LinkedIn said that it is open to acquisitions in India, its second-largest market after the U.S. In Picture: A banner announcing Linkedin Inc. listing on the New York Stock Exchange hangs on the face of the building in New York, May 19, 2011 (Representational image).Reuters file

LinkedIn, the U.S.-based networking site, is "open" to buying technology start-ups in India, its second-biggest market after the U.S. The company recently moved to a new, 2,50,000-sq. ft office in Bengaluru (Bangalore), taken on lease early this year, to seat about 800 employees.

Allen Blue, co-founder of LinkedIn, is "amazed" with the entrepreneurial talent in the country, where it has a user base of about 35 million and is "open to acquiring start-ups that make a strategic fit," CNBC-TV18 quoted him as saying on Tuesday.

The company's India head also expressed confidence of growth opportunities

"There's still a lot of room for us to grow. Our vision is to create economic opportunities across the world, and that vision couldn't be truer in India," Akshay Kothari told BusinessInsider.

The company's Bengaluru office performs many key functions for its global operations.

"There are teams here that are building platforms to be used globally. All of the work we do around e-mail notifications, push notifications, spam and search verticals are done here," he told BusinessInsider.

LinkedIn enjoys higher credibility among employers who give more importance to job profiles received through the networking site and is increasingly giving a run for its competitiors' money, Forbes had reported early this year.

The company launched LinkedIn Placements in November last year to target about 5 million Indians graduating out of colleges and are first-time job seekers, the magazine added. 

Also read: Popularity on Facebook and LinkedIn might just make it easier to get loans now

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