Saturday, March 8, 2008

Ireland’s Saon Group To Invest €10 M In India

Pune: Ireland-based Saon Group, an online recruitment company, is all set to invest €10 million in the Indian market for setting up online city-centric job portals.

Talking to presspersons, Leslie Buckley, Chairman, Saongroup.com, said it had started its India operations in Pune in September 2007 with MyJobsinPune.com. The site is attracting more than 5,000 visitors daily with 10,000 new job seekers registering every month. It has on an average 3,000 clients advertising 4,000 jobs monthly from entry level to mid-management level for players in the IT/ITES, manufacturing, automobile, retail and BFSI sectors. The company also launched MyHyderabadJobs.com Web site recently and would now be looking at setting up the Mumbai Web site.

The company would cover five cities in the next 18 months. According to an industry study by Juxt Consult in 2007, job search is the second most preferred activity among Indian Internet users. Also, according to a survey by the Internet and Mobile Association of India, the number of users seeking jobs online had increased from 6.5 million in 2005-06 to 9.2 million in 2006-07.

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