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.
Susan Orr
Articles
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.
Rally conference returns—with some changes
As Elevate Ventures prepares for year two of its multimillion-dollar Rally innovation conference, the organization is making a few adjustments to last year’s playbook.
Indianapolis tech startup Reportwell lands $1.1M investment
The founders designed the online platform to make it easier for K-12 schools to file required regulatory compliance reports. The company also sees opportunities in other regulated industries such as higher education, utilities and health care.
Financial firm with Fishers office accused of operating Ponzi scheme
The U.S. Securities and Exchange Commission has obtained a preliminary injunction and asset freeze against Drive Planning LLC, which is accused of operating a $300 million Ponzi scheme.
Indianapolis-based financial wellness firm lands $4.5M venture investment
Local financial planning guru Peter “Pete the Planner” Dunn said the funding will help his company accelerate the development of an artificial-intelligence powered tool that will offer customized financial coaching.
Development expected to follow now-completed I-69 route
An interstate that runs uninterrupted from Indianapolis to Evansville opens new opportunities, particularly in Morgan and Johnson counties, where large tracts of land along the route remain undeveloped.
Indianapolis-based The Heritage Group hires entrepreneur-in-residence
Mitch Black’s main role is as an adviser to the New Venture Group’s 35 portfolio companies, helping them navigate the challenges that young companies face.
New High Alpha startup offers financial services to fellow startups
Topo Advisors was founded by its CEO, Tim Page, who formerly helped advise High Alpha portfolio companies when he worked as finance manager at the venture studio.
Govs. Holcomb, Pence, Daniels gather to celebrate I-69 completion
Some 200 people joined Gov. Eric Holcomb and his predecessors, Mike Pence and Mitch Daniels, to celebrate the opening of the I-465 interchange at I-69, marking the essential completion of a 16-year construction project linking Evansville and Indianapolis.
Interstate 69 from Indianapolis to Evansville set to open to traffic
On Tuesday, the last part of the 150-mile project—an interchange linking I-69 and I-465—is scheduled to open following a celebratory on-site event to mark the occasion.
Conexus launching network aimed at hardtech innovators
In a switch from its original focus, the Hardtech Innovators Network will seek to help those who actually do the hands-on design, engineering and innovation work at Indiana companies.
Credit union regulator issues employment ban against Carmel man
Jose Prado-Valero of Carmel pleaded guilty to financial institution fraud in April and is serving a federal prison term.
Trucking industry on a bumpy road post-pandemic
The economic effects of the pandemic created boom times for trucking—but the industry has hit an extended bumpy patch since then, with no consensus as to when conditions will smooth out.
AgriNovus report details agbioscience sector growth opportunities
The AgriNovus Indiana report quantifies agbiosciences as contributing $22.7 billion to the state’s gross domestic product. It also identifies several key areas of opportunity for growth in this sector.
Honest Abe Auto Sales to pay customer restitution in deceptive advertising settlement
The Indiana attorney general’s office said Sycamore Cos., which operates four used car dealerships under the Honest Abe name, deceived customers about the true cost of financing a vehicle purchase.
AI expert Tia White rounds out Rally conference keynote lineup
Amazon Web Services executive White joins a speaker lineup that includes Alex Rodriguez and Marcus Lemonis.
Indianapolis-based IT firm plans major expansion, adopts new name
Indianapolis-based information technology firm Sondhi Solutions has rebranded as Exos Cos. and plans to add 250 new employees by the end of 2028.