By Zoya Anna Thomas

The online professional networking site LinkedIn has set up operations in India, and has hired Hari V Krishnan, Country Head of social networking site MySpace, to spearhead its India operations. LinkedIn, which counts India as its fastest growing market with a 3.4 million subscriber base, adds 70,000 new users in the country every week.

Krishnan, currently undergoing induction at the company’s U.S. head office in California, will focus on LinkedIn’s business model comprising user subscriptions, ad sales, and enterprise software licensing for the Indian market. “India is one of our fastest growing markets,” says Jeff Weiner, CEO, LinkedIn. He adds, “Hari’s addition to the LinkedIn team will help accelerate our goal to connect the world’s professionals.”

The LinkedIn user base in India runs more than two million searches per week and has created more than 30,000 groups to date. Currently, the company has over 60 advertisers in India that include brands such as GM, Microsoft, and Tanishq.

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