Winners named in Elevate Nexus pitch competition

Indianapolis-based Elevate Ventures has announced the winners of its annual Elevate Nexus Statewide Pitch Competition. Five Hoosier startups were awarded a total of $320,000 in pre-seed and seed funding to further grow their businesses.... Read More

Vera Bradley names next CEO

Fort Wayne-based Vera Bradley Inc. (Nasdaq: VRA) has selected Jacqueline Ardrey as its next president and chief executive officer. Ardrey succeeds Robert Wallstrom, who earlier this year announced his plans to step down.... Read More

Duke Realty announces layoffs amid acquisition

Indianapolis-based Duke Realty Corp. has notified the state of its plans to lay off 120 employees. The move comes as the logistics real estate firm is set to be acquired by San Francisco-based Prologis Inc. in a $26 billion deal announced in June.... Read More

Auburn ag tech startup lands $3M in seed funding

An Auburn-based agriculture tech company has closed on a $3 million seed round of funding. Traction Ag Inc., which has developed a financial management platform for farmers, says it will further develop the platform and add to its staff.... Read More

South Bend-Elkhart region awards READI funding

The South Bend-Elkhart Regional Development Authority on Monday awarded $40 million in Regional Economic Acceleration and Development Initiative (READI) grants. The organization says the funding will support 19 quality of place projects.... Read More

IU Ventures’ managing director to step down

The managing director of IU Ventures, Indiana University’s early-stage venture and angel investment arm, is leaving her role. Teri Willey plans to step down in early November and work at a reduced capacity through the end of the year.... Read More

Indiana Chamber names Dynamic Leader of the Year

The chief executive officer of Fishers-based Trident Systems LLC has been named the Indiana Chamber of Commerce’s 2022 Dynamic Leader of the Year. Rupal Thanawala will be presented with the honor at the chamber’s annual awards banquet in November.... Read More