Despite the current global economic downturn which is having a ripple effect on Indian economy with companies announcing slowdown in hiring, salary cuts and regular news of mass layoffs, remarkably there is one corner of business which has seen exponential growth and is increasingly becoming a choice for Indian SMB’s and skilled professionals as a steady mode of revenue & earning.

LimeExchange, the first socially-networked, online services marketplace for global talent on demand, has recently launched a suite of new features, After a successful launch in India earlier this year, LimeExchange opens the social marketplace to the rest of the world with enhanced features and applications like: socio-business networking, collaboration & knowledge sharing features, business and
networking features, and professional applications to successfully proliferate global business. In less than six months since its launch in India, LimeExchange has added more than 3000 registered users, over 1000 unique daily visits and has facilitated nearly 100 job opportunities

LimeExchange launches today in the United States, giving entrepreneurs and small and medium-sized businesses (SMBs) in the U.S. and around the world a place to go shopping for project outsourcing. Increasingly, entrepreneurs and SMBs are challenged to show quick results. Adding to this pressure is a “devastating skills shortage” in the U.S. that Gartner says is threatening business growth. Project outsourcing helps companies adjust their go-to-market and delivery plans to meet increasing business needs for this new reality of constrained
resources.

In a move to help small and medium sized businesses benefit from outsourcing, Elance Online has unveiled its Web & IT Outsourcing Center, a comprehensive outsourcing resource for technology consulting businesses.