Fishers-based Vibenomics acquired

Fishers-based marketing tech company Vibenomics Inc. has been acquired by Austin, Texas-based Mood Media, the companies announced Tuesday. The acquisition closed Monday. Vibenomics declined to disclose financial terms of the deal.... Read More

Steak n Shake rebounds with self-service push

Since 2020, Steak n Shake has spent $50 million to eliminate table service at its restaurants in favor of self-service ordering—an investment the company says has allowed it to regain profitability after three straight years of losses. Outside observers say, though, that it’s not yet certain the 89-year-old restaurant chain is back on solid footing.... Read More

Ag-tech startup Athian secures $5M funding round

Ag-tech startup Athian expects to close a $5 million round of seed funding by the end of the month. Athian also expects this month to begin beta testing its first software product—a platform to help dairy farmers measure, verify and monetize their carbon-reduction efforts. ... Read More

Elevate Ventures launching new innovation conference

Indianapolis-based Elevate Ventures Inc. is launching a new three-day innovation conference, Rally, which is designed to spark innovation by bringing together hundreds of companies, entrepreneurs, universities and investors from a range of different sectors. The event will include a pitch competition with $5 million in prizes.... Read More

Sanctuary Wealth ousts CEO, but won’t say why

Indianapolis-based Sanctuary Wealth has removed its founder and CEO Jim Dickson for cause, but the financial advisory firm isn’t saying why. Sanctuary disclosed last month that it had appointed an existing board member, Adam Malamed, as CEO effective immediately.... Read More