BCforward CEO Justin Christian to acquire NYC-area firm in $29M deal
Christian has set up a new special purpose entity that will purchase all of tech staffing firm TSR Inc.’s outstanding stock for $13.40 per share.
Susan Orr
Articles
Elevate Ventures moving HQ to prominent downtown building
Elevate Ventures, which occupies a 6,000-square-foot office on the north side of Indianapolis, will relocate to a much larger space at 1 Virginia Ave. within the next few months.
Holcomb administration seeks new crop markets, partners on ag trade mission
IBJ talked with State Agriculture Director Don Lamb about the trade mission to Brazil, the importance of agriculture trade missions and Indiana’s import/export relationships.
Sports Tech HQ initiative lands $4.5M in state funding
The goal of Sports Tech HQ is to build Indiana’s sports technology sector, in part by luring startups here and helping them connect with the state’s existing sports ecosystem.
Indianapolis-based Paxafe secures $9M investment
Paxafe’s software helps customers identify and avoid potential logistical disruptions in shipments of temperature-sensitive products such as pharmaceuticals and foods.
Eleven Fifty Academy putting AI at core of revamped curriculum
More than a year after its acquisition by Marion-based Indiana Wesleyan University, Indianapolis-based Eleven Fifty Academy is rolling out big, future-focused changes.
Indy Autonomous Challenge set to return to IMS with other high-tech programs
The competition between self-driving race cars, featuring 10 university teams from around the world, also will include chances for spectators to interact with drones, robots, augmented and virtual reality and generative artificial intelligence.
Cummins sees quarterly revenue dip, but a big jump in profit
Cummins saw its first quarter revenue drop by 1% on a year-over-year basis. Its profit was way up due to one-time gains from the spinoff of its filtration business.
New ed-tech accelerator announces its first four participants
The program, a joint effort between Butler University, Indianapolis-based TechPoint and Wisconsin-based gener8tor, offers $100,000 investments to each of the participating companies.
Authenticx, Tenon Software among 2024 Mira Awards winners
TechPoint named its 2024 Mira Awards winners Friday night. The program, which honors achievements in Indiana’s tech sector, recognized 18 winners, including nine from the Indianapolis area.
Giving a ‘hand up’: Special purpose credit programs gain traction with local lenders
SPCS is a tool that a growing number of lenders are adopting to help improve credit access for underserved groups.
They have been around since the 1970s, but they’ve recently become a lot more popular.
TechPoint exploring launch of AI-focused networking group
TechPoint has secured a $50,000 cash prize from the U.S. Small Business Administration to help with this effort.
Baseball star Alex Rodriguez announced as Rally conference speaker
Business executive and baseball analyst Alex “A-Rod” Rodriguez will be among the keynote speakers at this year’s Rally innovation conference in Indianapolis, organizers announced Tuesday.
First Farmers Bank & Trust to open Carmel branch
Converse-based First Farmers Bank & Trust, which opened a loan production office in Carmel last year, now plans to operate a full-service branch in the city’s Arts & Design District.
Visit Indy sells software platform to Pennsylvania firm
The convention and tourism group says it expects to see considerable cost savings over time from the sale of Jupiter, its customer relationship management software platform.
ReJoyce Financial evicted from Carmel office
It’s the latest in a series of blows for ReJoyce and CEO Alexander Joyce, who gained attention locally through his frequent informercials but has faced numerous legal problems in recent years.
Indiana’s tech sector saw boost in venture investing activity in 1Q, report says
Indiana’s tech companies landed a combined $348.8 million in venture funding last quarter, which was the strongest first-quarter activity since recordkeeping began in 2015, TechPoint says.
Merrillville-based Centier Bank expanding in Indianapolis market
Merrillville-based Centier Bank, which entered the Indianapolis market in 2011, is in the middle of a local growth spurt that includes three new branch locations and three additional relocations by early next year.
FullBeauty Brands faces patent litigation over swimsuit styles
FullBeauty Brands, which has its mail-order business in Indianapolis, is facing a lawsuit from a competitor who alleges several of FullBeauty’s swimsuits infringe on the competitor’s patented designs.
Companies seek liability protection for top execs
A growing number of companies in Indiana and elsewhere are hoping to offer new legal protection for top executives following a 2022 change in Delaware’s corporation law