Facebook recently announced it would be opening an office in Hyderabad, India, to be able to provide better round-the-clock and multilingual support to its ever-increasing number of users, advertisers and third-party developers.
According to Business Standard and India Times, the company is set to launch its India operations from the ‘City of Pearls’ – its first office in Asia – within the next two months.
In a press release on Sunday, the State Information Technology and Communications department said Facebook had been granted permission by the government to set up an office in a business incubator at the Raheja Mindspace special economic zone (SEZ).
The new office will add to Facebook’s operations in Palo Alto (California), Dublin (Ireland) and a recently opened office in Austin (Texas).
According to The Economic Times, an Indian government official also said that Facebook has been allotted about 50,000 sq ft space and is going to recruit close to 500 people for running its operations. Facebook, which has nearly 8 million users in India and nearly 500 million users across the globe, would reportedly invest $150 million in the initial phases.
Facebook is the world’s largest social network, with over 1 billion monthly active users. Facebook was founded by Mark Zuckerberg in February 2004, initially as an exclusive network for Harvard students. It was a huge hit: in 2 weeks, half of the schools in the Boston area began demanding a Facebook network. Zuckerberg immediately recruited his friends Dustin Moskovitz, Chris Hughes, and Eduardo Saverin to help build Facebook, and within four months, Facebook added 30 more college networks. The original...
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