IAC/InterActiveCorp went public with its offer after Angie's List's board spurned private overtures. The company said it wants to combine Angie's List with its HomeAdvisor unit to create a home services powerhouse.
Odyssey, which runs a fast-growing, millennial-focused website, is planning a local workforce and real estate expansion amid rising web traffic.
Tributes poured in Saturday after news of the death of radio icon and activist Amos Brown spread through central Indiana.
Even after the company shelved a $40 million expansion plan this spring, former CEO Bill Oesterle said he planned to continue pursuing a way to consolidate office space and add workers. New CEO Scott Durchslag said that’s not an urgent issue.
Dayton, Ohio-based Teradata bought Indianapolis-based Aprimo five years ago for $525 million, but has decided to go in a different direction with the business unit. It didn’t say whether it had a buyer lined up.
Startups that tap the so-called gig economy, including ride-hailing powerhouse Uber Technologies Inc., have mostly targeted consumers. But a former Salesforce.com employee has launched one aimed at businesses—and she’s off to a solid start.
Monetizing free users is just part of the vision that new CEO Scott Durchslag, who took the helm of Angie’s List in September, is laying out to reinvigorate the struggling home-services company, which has seen revenue growth slow notably since last year.
According to the Federal Deposit Insurance Corp., at the end of 2008 Indiana financial institutions had $4.6 billion in small-business loans on the books that originated for less than $1 million. That figure stood at $3.8 billion this past June, about 17 percent lower.
Indianapolis-based Elements Financial Federal Credit Union has scooped up 71-year-old State Service Credit Union, a move that provides Elements direct access to one of the largest employers in Indiana.
The company, called Torchlite, connects small businesses with freelance digital marketing specialists. An Apple and Salesforce alumna started it in June.
Indianapolis-based software firm Interactive Intelligence lost $9.8 million on $97.4 million in revenue in the third period, surpassing analysts’ expectations.
The U.S. Small Business Administration blessed the Chamber’s microlending division with a new designation, giving it more cash to deploy and a bigger geographical footprint.
The Emerging Leaders program, managed by the Indiana SBA office, runs for seven months and targets entrepreneurs from historically challenged communities.
Older technology entrepreneurs and executives who have experienced successful corporate exits often limit their startup involvement to mentoring, investing and board membership. But a raft of veteran technology leaders are getting involved again in a hands-on way.
Shares sank 15 percent on Wednesday morning despite an $82,000 profit in the third quarter. New CEO Scott Durchslag told analysts he wanted to increase shareholder value organically rather than pursue a sale or merger.
Firms landed more than $28 million in the third quarter, the highest quarterly total in three years and a sign of accelerating entrepreneurial momentum in the state.
Among the investors locally based Allos Ventures and High Alpha, and coastal VC firm Greycroft Partners.
The Indianapolis-based firm, which sells health care-management software, said it plans to use the funds to grow its sales and marketing teams, and bolster distribution channels.
Recent research has found that high-growth startups with women on their management teams outperform those with all-male teams—a discovery that has spurred several central Indiana organizations to step up efforts to boost gender diversity.
The New York-based investor that’s been boosting its stake in Angie's List in recent months has gone public with its demands, blasting the company's chairman and urging a merger.
