logo
The Beat: Emerging names G.J. Hart managing partner

The Beat: Emerging names G.J. Hart managing partner

Welcome to Chicago Inno's The Beat, a twice-weekly look at the people, companies and ideas that are shaping Chicago's innovation economy.
The Big One
G.J. Hart — a man with nearly four decades of experience in the restaurant industry — is joining a local venture capital firm with a war chest dedicated to investing in innovations for restaurants.
GET TO KNOW YOUR CITY
Find Local Events Near You
Connect with a community of local professionals.
Explore All Events
Emerging, a Chicago VC firm that aims to bring new technologies to the food and beverage space, announced Hart as managing partner on Tuesday.
He hopes his role there will help younger companies grow in new ways.
"I think I can add a little bit of experience and hopefully some wisdom along the way to provide ways that they can scale and add strategic direction," he told Chicago Inno. "At this point I've been a CEO for almost 40 years, and I think it's time to do something a little different."
READ MORE: Restaurant industry veteran G.J. Hart joins Chicago VC firm Emerging to help shape future of dining
More tech news to know
As corporate giants continue to pour billions into adding artificial intelligence technologies to their operations, Chicago startup Moonnox has raised $2M to help small to mid-sized consultancies stay relevant.
has raised $2M to help small to mid-sized consultancies stay relevant. Nautilus Solar Energy said it's moved its headquarters from Summit, New Jersey, to downtown Chicago.
said it's moved its headquarters from Summit, New Jersey, to downtown Chicago. Chicago logistics company FourKites announced the FourKites Summit 2025 will be taking place Aug. 26 and 27 at the Swissôtel Chicago.
Why a Chicago software startup brought on a new CEO
One of Chicago's fastest-growing software startups has made a change up top.
Ocient, a data analytics company that closed a $132M Series B in April, named John Morris as its new chief executive officer and board director. A seasoned tech veteran, Morris will continue to "help big companies with big problems" in his new role with Ocient, as he has his whole career, he told Chicago Inno.
"What I'm trying to do is step back, make sure that ... we're hiring ahead for some of these growth opportunities that are going to be coming and that we're thinking about the pipeline for the next three to five years not just the next year or so," Morris said.
READ MORE: Why Ocient brought on John Morris as its new CEO
Sign up for Inno's free twice-weekly newsletter to receive the latest innovation news impacting Chicago.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

MakeMyTrip Limited (MMYT): A Bull Case Theory
MakeMyTrip Limited (MMYT): A Bull Case Theory

Yahoo

time16 hours ago

  • Yahoo

MakeMyTrip Limited (MMYT): A Bull Case Theory

We came across a bullish thesis on MakeMyTrip Limited on Stock Analysis Compilation's Substack. In this article, we will summarize the bulls' thesis on MMYT. MakeMyTrip Limited's share was trading at $101.62 as of July 24th. MMYT's trailing P/E were 118.49 according to Yahoo Finance. MakeMyTrip is India's leading online travel agency (OTA), often seen as the of India, leveraging an asset-light, cash-generative internet platform that connects over 80 million customers with hotels, alternative accommodations, and transport options, including flights, trains, buses, and cars. Operating in a young but rapidly growing market, the company benefits from strong brand equity and entrenched scale advantages, underpinned by its extensive network. India's travel sector is set to expand significantly, driven by rising disposable incomes, a growing middle class, and accelerating smartphone penetration, all of which position MakeMyTrip for sustained top-line growth. The company is targeting approximately 20% annual revenue growth, supported by continuous improvements to its network and technology infrastructure. This growth, combined with operational efficiencies, is expected to drive steady margin expansion and position the company to deliver earnings growth in the range of 25%. MakeMyTrip's model remains highly cash-generative, enabling reinvestment into its platform while maintaining a disciplined capital structure. With its dominant market position, brand strength, and scalable business model, the company stands to consolidate its leadership in India's online travel ecosystem. The structural tailwinds of increasing digital adoption and consumer demand for flexible, convenient travel solutions reinforce the long-term investment case. Given its robust fundamentals, attractive growth trajectory, and margin expansion potential, MakeMyTrip offers investors an opportunity to participate in the sustained digital transformation of India's travel industry, with significant upside supported by both network effects and favorable secular trends. Previously, we covered a bullish thesis on Group Limited (TCOM) by Acid Investments in February 2025, which highlighted its reinvestment strategy, strong international growth, and leverage to the global travel rebound. The company's stock price has appreciated by approximately 12.83% since our coverage, as demand remained resilient. Stock Analysis Compilation shares a similar view but emphasizes MakeMyTrip's leadership in India's expanding online travel market supported by network effects. MakeMyTrip Limited is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 26 hedge fund portfolios held MMYT at the end of the first quarter which was 28 in the previous quarter. While we acknowledge the potential of MMYT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten

MakeMyTrip Limited (MMYT): A Bull Case Theory
MakeMyTrip Limited (MMYT): A Bull Case Theory

Yahoo

time2 days ago

  • Yahoo

MakeMyTrip Limited (MMYT): A Bull Case Theory

We came across a bullish thesis on MakeMyTrip Limited on Stock Analysis Compilation's Substack. In this article, we will summarize the bulls' thesis on MMYT. MakeMyTrip Limited's share was trading at $101.62 as of July 24th. MMYT's trailing P/E were 118.49 according to Yahoo Finance. MakeMyTrip is India's leading online travel agency (OTA), often seen as the of India, leveraging an asset-light, cash-generative internet platform that connects over 80 million customers with hotels, alternative accommodations, and transport options, including flights, trains, buses, and cars. Operating in a young but rapidly growing market, the company benefits from strong brand equity and entrenched scale advantages, underpinned by its extensive network. India's travel sector is set to expand significantly, driven by rising disposable incomes, a growing middle class, and accelerating smartphone penetration, all of which position MakeMyTrip for sustained top-line growth. The company is targeting approximately 20% annual revenue growth, supported by continuous improvements to its network and technology infrastructure. This growth, combined with operational efficiencies, is expected to drive steady margin expansion and position the company to deliver earnings growth in the range of 25%. MakeMyTrip's model remains highly cash-generative, enabling reinvestment into its platform while maintaining a disciplined capital structure. With its dominant market position, brand strength, and scalable business model, the company stands to consolidate its leadership in India's online travel ecosystem. The structural tailwinds of increasing digital adoption and consumer demand for flexible, convenient travel solutions reinforce the long-term investment case. Given its robust fundamentals, attractive growth trajectory, and margin expansion potential, MakeMyTrip offers investors an opportunity to participate in the sustained digital transformation of India's travel industry, with significant upside supported by both network effects and favorable secular trends. Previously, we covered a bullish thesis on Group Limited (TCOM) by Acid Investments in February 2025, which highlighted its reinvestment strategy, strong international growth, and leverage to the global travel rebound. The company's stock price has appreciated by approximately 12.83% since our coverage, as demand remained resilient. Stock Analysis Compilation shares a similar view but emphasizes MakeMyTrip's leadership in India's expanding online travel market supported by network effects. MakeMyTrip Limited is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 26 hedge fund portfolios held MMYT at the end of the first quarter which was 28 in the previous quarter. While we acknowledge the potential of MMYT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Sign in to access your portfolio

The Beat: Chicago's quantum scene strikes multiple deals
The Beat: Chicago's quantum scene strikes multiple deals

Business Journals

time2 days ago

  • Business Journals

The Beat: Chicago's quantum scene strikes multiple deals

Welcome to Chicago Inno's The Beat, a twice-weekly look at the people, companies and ideas that are shaping Chicago's innovation economy. The Big One As local lawmakers and industry leaders continue to pursue their vision for making Illinois a global capital for quantum computing, more corporate partners and tech giants want to get involved. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events IBM is the latest notable tech firm to affirm its commitment to the local quantum scene. Startups going through Duality, the nation's first quantum startup accelerator, will now get access to IBM's quantum network along with additional support and resources from the tech giant. READ MORE: IBM expands support for Chicago's quantum startups More Chicago Inno news to know The University of Chicago is partnering with Alchemist Accelerator — an institution out of California's Bay Area that's raised $4B and supported more than 650 companies — to help bring more local scientific breakthroughs from lab to market. is partnering with — an institution out of California's Bay Area that's raised $4B and supported more than 650 companies — to help bring more local scientific breakthroughs from lab to market. The Department of Labor is expanding the number of small businesses that could see big cuts in their Occupational Health and Safety Administration fines. is expanding the number of small businesses that could see big cuts in their Occupational Health and Safety Administration fines. Bonsai announced an investment of $1.8M to accelerate go-to-market efforts for its marketing intelligence platform. Infleqtion to build advanced quantum computer in Chicago A new public-private partnership will make Illinois home to one of the most advanced quantum platforms in the world, the state announced Wednesday. As part of an expected $50M investment over the next four years, quantum startup Infleqtion plans to build the first utility-scale neutral atom quantum computer at the Illinois Quantum and Microelectronics Park on Chicago's South Side. Infleqtion will work in partnership with the quantum park and the National Quantum Algorithms Center. READ MORE: Infleqtion to build advanced quantum computer in Chicago as part of $50M investment Sign up for Inno's free twice-weekly newsletter to receive the latest innovation news impacting Chicago

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store