After more than 30 years in the commercial real estate industry, Jon Hardy has launched his own specialized company focused on helping investors acquire properties in need of care.
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Ambrose recently closed on its fourth major investment fund intended to create or acquire industrial, logistics and e-commence properties across the United States.
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Andretti Acquisition Corp., a blank-check company that was formed last year, announced Wednesday that it plans to merge with Boston-based startup Zapata AI.
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Around Indiana and the nation in recent weeks, special purpose acquisition companies, or SPACs, are shutting down and returning money to investors. In other cases, investors are taking a bath.
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This is the second large, outside investment secured by Indianapolis-based Ren Inc., which provides technology and services for the philanthropic sector, in recent years.
The IPO market is on track for its best year since 2021, according to Renaissance Capital.
Data from the Federal Reserve Bank of St. Louis showed that households and nonprofits were investing about 45.4% of their assets in corporate equities as of the second quarter of 2025—the highest exposure to stocks ever.
Investors are betting on optimism regarding artificial intelligence and Federal Reserve interest-rate cuts to keep technology stocks moving higher.
American Airlines pulled its financial guidance for 2025 on Thursday, joining rivals Southwest and Delta in declaring the economic outlook too uncertain to provide full-year forecasts.
The state dropped New York City-based BlackRock as an asset manager after the Treasurer’s Office found it had considered ESG practices. But its replacement has a similar background.
Founded by “Crime Junkie” podcast host Ashley Flowers, Audiochuck plans to use its first influx of outside capital to grow the company.
The company’s founder and CEO, Arthur Root, started Nostra AI while he was a student at Indiana University.
A growing number of Wall Street analysts and tech investors are beginning to sound the alarm about the immense amount of money that is being poured into artificial intelligence by Big Tech companies, stock market investors and venture-capital firms.
Early last week, Nvidia overtook Microsoft as Wall Street’s most valuable public company. Then it fell 13% over three days, its worst such stretch since 2022.
If Andretti Acquisition Corp.’s shareholders approve the merger, the deal is expected to close shortly after the vote, and shares of the combined company will begin trading on the New York Stock Exchange.
The concept of social media influencers being compensated for promoting things online isn’t new, but Hummingbirds’ CEO said what sets the firm apart is its focus on local social media users in targeted cities.
Bereave, which launched quietly in 2021, is developing an online platform where individuals can preplan the details of their funerals. The company is working to raise close to $1 million in “friends and family” funding
Basketball-star-turned-entrepreneur Earvin “Magic” Johnson will be among the keynote speakers at the Rally innovation conference in August, event organizers announced Tuesday.
Indianapolis-based Elevate Ventures, which is organizing the first-time event, announced Guy Raz on Tuesday as the first keynote speaker for the event.
Local entrepreneur and general partner Scott Kraege co-founded Ivy Ventures with Mike Reynolds, CEO of Indianapolis-based Innovatemap, and John Wortman, CEO and co-founder of Carmel-based Valeo Financial Advisors LLC.
The new event, called Rally, will take place at the Indiana Convention Center and feature a $5 million pitch competition, more than 200 speakers, and opportunities for entrepreneurs to demonstrate their innovations and meet individually with potential investors.
The Venture Club of Indiana, TechPoint, 50 South Capital and Elevate Ventures are hosting three back-to-back events next week for investors and Indiana founders. By working together, the organizations hope to gain more traction than they could separately.
U.S. District Court Judge Sarah Evans Barker ruled the plaintiffs failed to clearly show that public statements made by Elanco’s top officials were false and misleading during a two-year period in question.
Elevate Ventures’ annual pitch competition takes place Aug. 5 in Fishers, and this year for the first time the event is free and open to the public.
