Indianapolis-based Ren, which offers technology and services for the philanthropy sector, has secured a significant outside investment from a fund associated with Boston-based Bain Capital. The parties declined to disclose the exact size of the investment.... Read More
Indiana tech firms attracted more than $47 million from venture investors in 36 separate deals last quarter, according to a new report by Indianapolis-based TechPoint. The second-quarter VC report reveals the ongoing funding slowdown in the tech sector.... Read More
Cummins Inc. CEO Jennifer Rumsey will take over as the company’s board chair when Tom Linebarger retires at the end of the month, Cummins announced Wednesday. Rumsey will step into the position on Aug. 1, while still retaining her position as CEO.... Read More
Maybe you’ve heard of The Knot, the online marketplace where users can connect with vendors and plan their weddings. Indianapolis-based startup Bereave wants to do something similar—but for funerals. And it’s on its way towards that goal. ... Read More
Indianapolis-based Noble Roman’s Inc., which is in a heated battle with one of its biggest shareholders over whether CEO Scott Mobley should remain on the restaurant company’s board of directors, has postponed its annual shareholders meeting until next month.... Read More
Indianapolis-based Noble Roman’s Inc. is battling with one of its largest shareholders over whether CEO Scott Mobley should be replaced on the restaurant company’s board of directors when the longtime executive’s term expires next week.... Read More
Emmis was the lead investor in a $48 million Series B funding round for Anzu, which has developed a way to insert targeted advertising into video games.... Read More
The founder and CEO of Fishers-based IT firm Netfor Inc. says an ill-timed investment into new office space has pushed the company into bankruptcy, but he said the company will continue to operate as usual while it works to restructure its finances.... Read More
The Consumer Financial Protection Bureau has ordered Fishers-based Phoenix Financial Services to pay a $1.68 million penalty, plus refunds to affected consumers, over alleged violations of federal debt-collection and credit-reporting laws.... Read More
Cummins Inc. plans to acquire two commercial vehicle-system manufacturing plants from France-based automotive supplier Faurecia for about $153 million, the companies announced Tuesday. The plants are located in Columbus, Indiana and Roermond, Netherlands. ... Read More
