Indianapolis software firm OnBoard names new CEO
Indianapolis-based software company OnBoard has hired Marc Huffman, a 25-year industry veteran, to lead the company, succeeding founding CEO Paroon Chadha.
Susan Orr
Articles
Some tech companies are still grappling with remote vs. in-office work—and there’s no consensus answer
In the Indianapolis area, some firms continue to operate remotely and say they wouldn’t have it any other way. Others, though, say their companies run better when employees are in the office at least some portion of the week.
Hillenbrand makes $55M real estate deal for two Ohio properties
The agreement calls for Hillenbrand Inc.’s Ohio-based subsidiary, Milacron LLC, to sell the two Ohio properties, then lease them back for about $5 million per year.
Carmel-based Merchants Bank hires new CFO
Merchants Bank’s new chief financial officer, Sean Sievers, comes to the Carmel-based bank after holding similar positions at some of the nation’s largest banks and mortgage lenders.
Zionsville-based tech startup Adverank plans to add 37 employees
Zionsville-based software startup Adverank has reached an incentives agreement with the state based on its expansion plan.
Salesforce announces $1M grant to Indianapolis schools
The grant brings Salesforce’s total giving to Indianapolis Public Schools district to $5.5 million over the past seven years.
Auto insurance rates keep rising
For a variety of reasons, some related to the pandemic, auto insurance premiums have risen dramatically over the past few years.
Indianapolis-based High Alpha leads $8.9M investment in retail-tech startup
The company’s founder and CEO, Arthur Root, started Nostra AI while he was a student at Indiana University.
Lawsuit accuses Cummins of stealing trade secrets
California-based tech company C3.ai, which accuses Cummins of “brazen misappropriations of trade secrets and breach of contract,” said it plans to seek damages estimated at between $500 million and $1 billion.
OneAmerica to sell retirement plan business in deal worth up to $210M
Indianapolis-based OneAmerica Financial Inc.—the city’s largest private company—has agreed to sell its full-service retirement plan business to New York City-based Voya Financial Inc., the companies announced Wednesday.
Lilly to make $1.8B investment in two Ireland manufacturing facilities
The expansion projects will boost production of medicines for Alzheimer’s disease, diabetes and obesity.
Pacers leverage technology to improve the fan experience
Pacers executive Todd Taylor was the keynote speaker at IBJ’s Tech Exec of the Year event, which honored 10 technology leaders from business and government.
Indianapolis-based software startup Champion lands $3.3M in seed funding
Champion, a marketing data firm founded in 2023 by former employees of Salesforce and Aircall, has raised a total of $5.3 million since its launch.
Former Old National CFO, on leave following criminal charges, parts ways with bank
Old National, the largest bank based in Indiana, placed CFO Brendon Falconer on leave in April after he was charged with two counts of child molestation.
Carmel-based EnVista’s co-founders square off in court
Jim Barnes and John Stitz built the Carmel-based supply-chain technology consultancy from a two-man startup to a company with $113 million in revenue and hundreds of employees. Barnes has now filed a lawsuit against Stitz.
Fishers-based Flexware acquires North Carolina-based engineering services firm
Fishers-based Flexware Integration LLC, a fast-growing IT services provider, has acquired Castle Hill Technologies LLC, a North Carolina-based company that provides engineering services to the pharmaceutical industry.
Two Indy-area startups among Rally pitch contest winners eligible for up to $1M
Insignum AgTech and Grannus Therapeutics were among the five winners announced Wednesday.
Made in Indiana: Ballistic armor kits by T.C. Burton Enterprises LLC
The product: T.C. Burton makes ballistic armor kits for single-rider all-terrain vehicles. The kits are made up of panels that fit onto the ATV, creating a maneuverable all-terrain vehicle that can protect the driver and withstand rounds up to and including those from AR-15 and AK-47 firearms. The armored vehicles can be used in a […]
Medical debt proposal draws mixed response
A national proposal to remove medical debt from consumer credit reports could have a significant impact in Indiana, where the percentage of residents with delinquent medical debt is higher than in 39 other states.
Rally innovation conference inspiring additional downtown events
Third-party organizations are planning about a dozen other events, from smaller conferences to happy hours, to capitalize on the momentum they expect Rally to generate.