Elevate Ventures says it’s proceeding with launch of long-planned growth fund
The Indianapolis-based nonprofit wants to invest $150 million in young Indiana companies who need help to scale their businesses.
Susan Orr
Articles
Republic Airways outlines postmerger integration efforts
In its first financial report since going public via merger, Carmel-based Republic Airways gave some details about its ongoing integration with Arizona-based Mesa Group. The two companies completed their merger in November.
UIndy hosting AI summit next month
The event will include a keynote speech from Ravi Kumar, the CEO of international IT consulting and outsourcing firm Cognizant and a former executive at Infosys.
New law aims to ease CPA talent crunch
Starting next year, certified public accountant candidates will have an optional pathway to licensure that requires less schooling.
Q&A: Upper Hand co-founder talks about company’s recent acquisition
Kevin MacCauley, the co-founder of Indianapolis sports-tech firm Upper Hand, talked to IBJ about the company’s recent acquisition and why he thinks AI is spurring acquisition activity right now.
Q&A with Periculum Capital: Why is dealmaking activity so high?
Over the past two months Carmel-based Periculum Capital has been involved in six business deals — about as many as it typically sees in an entire year.
Cummins offering up to $1,000 to truck owners for software recall
Cummins is offering eligible Ram truck owners up to $1,000 to encourage them to complete an emissions-related recall tied to a record-setting environmental settlement.
Fishers-based Spokenote rolling out mass-customization video product
The tech firm launched by entrepreneur John Wechsler in 2022 is about to launch a product that represents a significant pivot from the QR-code product it started with four years ago.
Fishers company sued over bonds for unfinished West Virginia mine project
More than 2-1/2 years later, the project is far from completed, the subsidiary that was overseeing it has been spun off, and the companies are mired in a lawsuit.
Jack’s Donuts in Greenwood to close permanently
The shop at 3115 Meridian Parke Drive opened in 2017.
Baptist group acquires Johnson County golf course site for seminary, recreation
The Indianapolis-based organization, which serves the Chin community, purchased the 110-acre site with plans for it to become a national destination for church members in 27 states.
Investors say AI streamlines the work of analyzing deals—but humans still call the shots
Firms locally and nationwide are using AI to help them with everything from researching potential investments to drafting reports to helping them understand complex legal documents.
Heartland Ventures launches $60M investment fund
Heartland’s investors are established Midwestern companies—businesses such as manufacturers, construction firms, logistics providers and real estate firms—and it makes investments into early-stage industrial technology startups with products that could benefit those investors.
Indianapolis-based tech firm Malomo acquired
Malomo was founded by serial entrepreneurs Yaw Aning, 2021 winner of Mira’s Rising Entrepreneur Award, and the late Anthony Smith.
KSM accounting firm establishes investment banking business with acquisition
Katz Sapper & Miller, the largest accounting firm in Indianapolis, has acquired the investment banking business of Grand Rapids, Michigan-based Charter Capital Partners, it announced Tuesday.
Q&A: Love of adventure fuels Brittany Smith both on and off the job
As the senior director of community engagement at Yelp Inc., a website that helps users connect with local businesses, Smith oversees activities in the 100 or so U.S. and Canadian cities where Yelp has a presence.
Report: Indiana ranked 7th in U.S. for 2025 foreclosure activity
Nationwide, according to real estate analytics company Attom, 367,460 properties saw foreclosure filings in 2025, representing 0.26% of all U.S. housing units. That’s a 14% increase from 2024.
Zionsville company building new HQ at city’s Creekside Corporate Park
Zionsville-based Intelligent Living Solutions, which currently operates from two different local sites, plans to bring everything under one roof in a new 20,000-square-foot location on 106th Street in Creekside Corporate Park.
IU football watch parties for public filling up fast
Plans for parties are taking shape across central Indiana and the rest of the state to view the national championship game, but organizers report they’re hot tickets.
Brownsburg-based State Bank names new CEO
Brownsburg-based State Bank has a new CEO following the Dec. 31 retirement of longtime executive Mike Baker.