Pontoon, the global leader in total talent solutions, opened a new office in Bengaluru to support the business as it continues to scale and grow with its existing clients, as well as to drive an aggressive new client acquisition trail.
Pontoon has been operating in India for more than five years, servicing local and regional business needs. They currently have 50 employees, but this is set to grow to approximately 200 in the next 18 to 24 months.
"Our expansion plans are in response to a shift we have witnessed in the India market, away from transactional, short-term, execution-only engagements towards a total talent, solutions-based demand from our clients and prospects," Rishi Kapoor, Managing Director of APAC, Pontoon, said.
"As the workplace evolves, organizations are better understanding the advantages of working with a partner to meet their talent acquisition requirements. Reduced hiring cost, improved candidate quality, and customizable and scaling talent solution, are just some of the benefits experienced," he added.
Pontoon has implemented a global shared service center strategy which includes having a presence in and coverage of the US, EMEA & APAC markets. India, one of the biggest emerging economies, is a critical piece of the global jigsaw.
"With a significant growth in the regional business and the opportunity to further support our clients through a shared services center, the timing is right for us to expand our dedicated base in India. Our multi-country operating model is helping our clients more effectively attract and engage the best people for their business requirements," Mike Wachholz, president of Pontoon, said.
Pontoon India will be the second shared service center in APAC, adding to the existing capacity and capabilities of the Philippines center, which was established over three years ago.