Condensation between indole, Meldrum’s acid, and benzyloxycarbonylacetaldehyde or aminoacetaldehyde derivatives yielded trimolecular adducts 7a−c. The latter were cyclized to indole‐substituted 2‐pyrrolidones 15a−b or 3‐aminopyrrolid‐2‐ones 18a−b, depending on the starting material. Derivative 18a was transformed into pyrrolo[3′,4′:5,6]pyrido[3,4‐b]indol‐3(2H)‐ones 19a and 20a by a Pictet−Spengler condensation with benzaldehyde.