Arizona, US-based Internet domain registrar and web hosting service GoDaddy Group Inc is preparing for an initial public offering (IPO) less than three years after it was sold for $2.25 billion, according to sources familiar with the situation.

San Francisco, US-based startup studio Expa, which was created by Uber founder Garrett Camp, raised $50 million in funding from big-time investors to provide seed funding for startups.

Malaysia Airlines flight MH370 search and rescue operations were extended up to the Indian Ocean after reports that the jetliner might have flown additional hours after its departure from Kuala Lumpur.

Washington, US-based private equity firm Emerging Capital Partners (ECP) is acquiring a 33% interest in Algeria-based PepsiCo Inc bottler Atlas Bottling Corp for an undisclosed amount as part of an expansion plan.

In a first app merger in the wine sector, San Francisco, US-based wine app Hello Vino purchased wine-focused photo-sharing app Corkbin for an undisclosed amount.

Santa Monica, US-based events planning mobile app Klutch scored $1.5 million in a funding round led by LaunchpadLA to help people plan get-togethers and socialize offline.

San Francisco, US-based digital music service Rdio picked up troubled Chennai, India-based music streaming startup Dhingana for an undisclosed sum as part of its strategy for international expansion.

San Francisco, US-based educational analytics startup BrightBytes pocketed $15 million in a Series B funding round led by Bessemer Venture Partners to help schools identify learning gaps in their systems.

San Francisco, US-based on-demand transportation startup Lyft announced that it will add more coverage to its ride insurance to include the time that drivers are not actively driving passengers.

Illinois, US-based specialist packaging supplier Arpac added New York-based conventional palletiser manufacturer Lambert Material Handling for an undisclosed amount to increase its portfolio of packaging solutions.