Carmel-based tech firm Lumavate scores $6M investment
This is the sixth round of funding Lumavate has announced since its founding in 2015. The company offers a no-code platform that clients can use to create smartphone apps.
This is the sixth round of funding Lumavate has announced since its founding in 2015. The company offers a no-code platform that clients can use to create smartphone apps.
Bills that would ban schools from teaching “divisive concepts” and open libraries to prosecution for distributing harmful material have passed the first hurdles of the Indiana Legislature.
Sahm’s Restaurant Group will focus on eggs and pancakes at The Roost, with lunch and dinner available next door at its Big Lug Canteen brewery.
Rather than hiring full-time executives, companies are increasingly likely to turn to a fractional executive—someone who serves part time, typically on contract rather than as an employee.
Kate Drury, founder of The Flying Cupcake, opened The Lemon Bar in October 2017 in the renovated site of an abandoned garage. She cited staffing shortages as the reason behind its impending closure.
It’s the latest twist in a long-running story involving Dr. Timothy Story, who worked for St. Vincent Medical Group for a decade, but was fired in August 2020 after St. Vincent learned of a federal investigation into his prescribing practices.
The long-running footwear store will own space below the residential condominiums at the Old Meridian Street location and lease some of it to other retailers.
For at least the next five years, Fifth Third Bank will be naming-rights sponsor of box offices at Carmel’s Center for the Performing Arts.
The disclosure of the group’s composition is the first since the mall opened in 1995, and comes about one week after Circle Centre Development acknowledged Simon Property Group’s exit.
What’s next for the two city blocks that are now Circle Centre mall could start coming into focus over the next year.
Indianapolis-based Allos Ventures, which invests in early-stage business-to-business software companies in the Midwest, said it plans to start making investments from Allos IV right away.
Carmel-based KAR Auction Services Inc. on Wednesday reported better-than-expected fourth quarter earnings and full-year results that were much better than the previous year’s.
The project from Carmel-based developer CRG Residential would contain 380 apartment units, 66 townhomes for sale and 35,000 square feet of retail space. The firm also would donate 25 acres of land to beef up a recently announced city park along the White River.
This is the fourth finding against Carmel-based ITT Tech that has led to the approval of debt relief claims by the department. All told, the evidence has resulted in about $660 million in discharges for roughly 23,000 students.
Under the relatively rare model, a bank offers its expertise and capabilities to a fintech, allowing the fintech to provide iservices that require the involvement of a federally regulated and insured institution.
In the 50 largest U.S. metro areas, median rent rose an astounding 19.3% from December 2020 to December 2021, according to a Realtor.com analysis of properties with two or fewer bedrooms. Indianapolis-area rents have seen a smaller, but still significant, jump.
In addition to goods from Asia, Europe, Africa, Central America and South America, the store will include a butcher with extensive kosher selections, a bakery with Middle Eastern sweets, a fish market, a Mediterranean restaurant and a tax-preparation service.
About 4,500 employees of ADESA and KAR will be transferred to Carvana as part of the sale. That’s just under 50% of the company’s total head count. According to IBJ research, KAR has about 9,600 employees worldwide and 1,150 employees in Indiana.
The Carmel-based auction services company declined to say how many of its 1,000 employees in Indiana would be affected by the transaction. But it said the buyer—Carvana Co.—will not require any employees to relocate.
Members of the Pearson Automotive Tennis Club in Zionsville receive training from U.S. Professional Tennis Association-certified professionals on staff, including four instructors who are in the Indiana Tennis Hall of Fame.