India trip leads to funding for IU alum’s company

Indiana University says a 2019 trip to India helped one alumnus make connections that led to a $2 million funding round for the tech company he co-founded. MProfit has developed a software platform that tracks multi-asset investment portfolios in one place.... Read More

Fort Wayne VA center opens women’s health facility

VA Northern Indiana this week marked the opening of a new facility focused on the health of women veterans. Our partners at WPTA-TV report the expansion will provide a variety of benefits, including pain management and access to mental health professionals.... Read More

Batesville Casket Co. acquisition complete

Connecticut-based LongRange Capital has completed its $761 million acquisition of the former Batesville Casket Co. from Batesville-based Hillenbrand Inc. The acquired company, now known as Batesville Services LLC, will operate as an independent company.... Read More

IEDC touts entrepreneurship milestones in 2022

Indiana Secretary of Commerce Brad Chambers says 2022 was a record-setting year for entrepreneurship. Among the milestones outlined by the Indiana Economic Development Corp., the state saw a record 38 startups participate in IEDC-supported accelerators.... Read More

Hancock County company completes two acquisitions

Indiana Automotive Equipment in Hancock County is adding to its portfolio. The company, which provides sales and service for the automotive and heavy-duty vehicle repair industries, has acquired a pair of companies in Kentucky and Illinois.... Read More

Producers hope to see decrease in egg prices this year

Consumers across the country continue to feel the sticker shock when it comes to the price of eggs, but is there relief in sight? In December, the average cost of a dozen eggs was $4.25, compared to $1.79 a year prior, according to data from Purdue University.... Read More

Elevate Ventures touts record investment in 2022

Indianapolis-based Elevate Ventures set a new record for annual investments with 128 transactions in 2022. "In a year where the economy took a dip, we were able to really see which companies in the portfolio were able to excel," said CEO Christopher Day.... Read More