Articles

Startup prodigy Jaramillo started at age 7

Santiago Jaramillo is CEO of Bluebridge Digital LLC, which creates and manages apps primarily for not-for-profits, and it’s one of the first app companies to operate on a subscription model. But Jaramillo was his own boss well before mobile apps and smartphones even existed.

Read More

Accolades all around as Allison owners exit

Private equity firms Carlyle Group and Onex Group fared well on their purchase of Indianapolis-based Allison Transmission, with the $763 million each put into the 2007 deal more than tripling in value.

Read More

Remy to spend $32M to settle patent lawsuit

Pendleton-based Remy International Inc. has agreed to pay $32 million to settle a patent lawsuit with an Italian manufacturer that was filed in 2008, the company announced late Thursday.

Read More

Crowdfunding site Localstake sees surge in deals

The seven-employee Indianapolis firm launched in June 2013, raising funds for two companies in its first six months. Over the following eight months, it brokered funding for eight companies and has eight in queue.

Read More

Electrolux to buy GE Appliances in $3.3B deal

The acquisition is the largest ever for Stockholm-based Electrolux, ranked as the world's second biggest home appliance maker after U.S. rival Whirlpool. Louisville-based GE Appliances has a long history in Indiana.

Read More

Smarter Remarketer gets $7M in funding

Smarter Remarketer, an Indianapolis-based retail technology firm, said Aug. 27 that it has lined up $7 million in venture debt financing from Los Angeles-based City National Bank.

Read More