eBay has revealed that it plans to open a new development center in Bangalore, the capital of the Indian state of Karnataka, and expects to hire up to a thousand “technologists” in the coming years.

The online auction giant says that the new facility will feature “several centers of excellence” and will serve as home to technologists from both eBay and its subsidiary company PayPal. This development center will build on eBay’s existing presence in India, which includes a global development center with over 2,200 employees in Chennai and the eBay India business unit in Mumbai.

“eBay’s ecosystem provides technologists a unique combination of startup culture to innovate and product excellence culture to build products that creates value to millions of customers,” says Rajesh Ramachandran, General Manager at eBay Marketplaces. “The unprecedented scale of the eBay platform challenges technologists to innovate and create new architecture paradigms and technologies. The India center plays a strategic role in global product and technology innovation. The Bangalore Center will bring in significant thought leadership to drive critical business initiatives.”

The company says that it is aggressively hiring senior technologists with strong product development experience across many areas, including research, platform and application development, architecture, quality engineering, product management, marketing and product analytics, user experience and design, and information security.

Founded in 1995 in San Jose, California, eBay is one of the Web’s most recognizable e-commerce brands, and it snapped up e-payments platform PayPal for more than $1bn way back in 2002.

“PayPal is growing at a phenomenal rate globally, as we continue to execute on our bold vision of re-imagining money,” said Anupam Pahuja, General Manager, PayPal. “To support this growth, we are looking to tap into the large pool of software engineering talent in Bangalore to come innovate with us and create the future of commerce. We are committed to India as a technology hub and see India’s software engineering talent as a critical driver for the long-term success of PayPal’s global payment platform.”