Internet domain registrar and web hosting provider GoDaddy has filed for an initial public offering (IPO) with the US Securities and Exchange Commission to raise $100 million. The company is yet to disclose the starting price or how much shares it will be offering through this IPO. Morgan Stanley, JP Morgan and Citigroup are the lead underwriters for this IPO. This is the second time GoDaddy is filing for an IPO. The company had earlier filed for an IPO in May 2006 but it withdrew the offering withing couple of months. GoDaddy was then bought by a group of private equity firms including KKR, Silver Lake and Technology Crossover Ventures. While the deal size was not disclosed, a WSJ report pegged the deal size to be $2.25 billion. GoDaddy in India GoDaddy had launched its Indian operations in June 2012, by setting up an office in New Delhi and appointing former Microsoft executive Rajiv Sodhi as the Managing Director of GoDaddy India. It also has a local support centre in Hyderabad. In its IPO filing, GoDaddy mentions that it currently has 238 customer care specialists in India. Few months later, GoDaddy introduced several new India-specific payment options including NetBanking, cash cards and mobile payments, in addition to the regular credit cards and debit cards payment modes. The company had tied up with the payment gateway CCAvenue to offer these new payment modes. In August last year, GoDaddy claimed that its India office is the largest International office for the company. It also claimed that its India customer base had increased by 86% in the past year, although…
