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Carmel-based Syra Health cuts IPO expectations by one-third

September 8, 2023 | John Russell

The two-year-old startup that provides professional services in the health care and life science industries has sharply cut how much it expects to raise in its upcoming initial public offering.

Jim Irsay Band to kick off big weekend of music for Indianapolis

September 8, 2023 | Dave Lindquist

A weekend punctuated by high-profile concerts begins Friday with a free show featuring John Mellencamp and Stephen Stills.

Sangiovese chooses new Carmel development for its third eatery

September 7, 2023 | Jeff Newman

Like the Indianapolis and Fishers Sangiovese eateries, the new restaurant will offer an upscale Italian menu, but it will have noticeable differences from the other locations.

Party City cleared to exit bankruptcy, avoiding fate of retail peers

September 6, 2023 | Bloomberg News

As part of the Chapter 11 process, the retailer—which has a half-dozen area stores—closed more than 60 stores across the country, but was able to keep the vast majority of its more than 700 stores open.

Brad Chambers gives his gubernatorial campaign $5 million boost

September 6, 2023 | Peter Blanchard

Brad Chambers, a late entry into the 2024 governor’s race, is expected to receive strong support from the business community but lacks the statewide name recognition of other high-profile candidates.

Upland’s College Avenue location to add a barber shop

September 6, 2023 | Dave Lindquist

The Upland restaurant and bar will devote 400 square feet to Black Orchid, which presently operates three central Indiana shops.

IBJ Podcast: Brothers behind tech firm Qualifi on being Black founders, raising capital, ‘unwillingness to die’

September 5, 2023

Darrian and Devyn Mikell discuss the inspiration they’ve received from their family (including an older brother with a Pro Bowl career in the NFL); how they handle the rollercoaster of startup life; obstacles that Black entrepreneurs face; and the importance of a diverse staff.

Is the tech recession over? Maybe.

September 1, 2023 | Susan Orr

After peaking early this year, the number of tech industry layoffs—and the number of companies cutting those jobs—appears to have slowed in recent months.

Businesses along U.S. 31 will be forced to move with construction. They say it’s unfair.

September 1, 2023 | Cate Charron, Inside INdiana Business

Since, 1968, Wilson Farm Market has operated along U.S. 31 in Arcadia, overseen by three generations of Wilsons. However, that might not be true for the next one.

Carmel set to premiere $2M projection performance on Palladium

August 30, 2023 | Daniel Bradley

Beginning Thursday, Palladiscope shows lasting 12 minutes will play every half-hour nightly beginning at dusk and continuing through 11 p.m.

Italian steakhouse, coffee/wine bar planned for Proscenium tavern in Carmel

August 28, 2023 | Daniel Bradley

The tavern is part of the Proscenium mixed-use development by Carmel-based Birkla Investment Group and Dayton, Ohio-based Woolpert Inc., which opened in 2021.

IBJ Podcast: State flipping public-input process for upgrading I-65, I-70 through Indianapolis

August 28, 2023

Indy residents say they want the state to consider elements like signage, the locations of interchanges, pedestrian safety and the way these corridors represent—or fail to represent—the city as a whole.

Utility expansion in HamCo’s tiny Bakers Corner could start development surge

August 25, 2023 | Daniel Bradley

Last year, Hamilton County announced a $45 million plan to extend sewer and water utilities to Bakers Corner. An additional $20 million from the state will allow the county to create a regional utility district.

Mark Montieth: Spirited storytellers

August 25, 2023 | Mark Montieth

Two prominent and local ex-athletes are among the expanding roster of participants in the ever-growing industry of spirits, but they’re doing more than lending a name to a label or cutting a commercial.

Indianapolis startup Stellar helps customers use AI

August 25, 2023 | Susan Orr

Indianapolis-based Stellar is a tech services firm that helps companies implement artificial intelligence and other technologies into their operations. The startup launched earlier this year and emerged from stealth mode this week.

Freeze-dried candy business in Westfield off to sweet start

August 24, 2023 | Daniel Bradley

Freeze Dried Snack Co., which opened in early July, sells dozens of varieties of freeze-dried sweets, including Skittles, Jolly Rancher candies, Fruit Rollups, M&M’s and saltwater taffy.

Carmel startup NeurAxis raises $6.6M in IPO, less than half of its original forecast

August 21, 2023 | John Russell

The company, which is developing electrical-nerve stimulation therapies for children, went public this month at an initial price of $6 a share—lower than the range of $7 to $9 a share it announced in February.

IBJ Podcast: Sam Schmidt on his paralysis journey, basing national clinic expansion in Indy

August 21, 2023

In this week’s edition of the podcast, Schmidt shares his story of recovery from a near fatal injury and how he uses it to help inspire others with mobility issues.

Mandy Haskett: As AI proliferates, machines need soft skills, too

August 18, 2023 | Mandy Haskett

In eight years’ time, it’s predicted, the smartest thing on the planet will be a machine—something not human-made at all, but an autonomous form that has developed itself.

Software developers say AI technology helps them work faster—sometimes

August 18, 2023 | Susan Orr

Local tech firms that have started to use the technology say, with the caveat that it’s difficult to make long-term predictions about ever-changing technology, that they view generative AI as a tool rather than a job killer.

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