business

Aurora Ventures launches to back the boldest female tech founders across emerging markets, including Egypt

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Aurora Ventures launches with backing from inDrive – a global mobility and delivery platform scaled to unicorn status across the same emerging markets the program is investing in – for its 2026 pilot year. Egypt is one of the priority markets for the project.
 
The launch follows the successful conclusion of the 2026 Aurora Tech Award in Santiago, Chile, where a Nigerian, Adeola Ayoola-Famasi, was named among the top 10 finalists from a record-breaking field of 3,400 applicants.
 
Other women founders that make up the 2026 Aurora Tech Award top 10 finalists include: Adriana Gonzalez-Tizo (Panama), Angela Acosta-Morado(Colombia), Catalina Isaza- Innmetec (Colombia), Estefania Abello- Muta(Colombia), Maria Kawas- DomestikCo(Chile), Mariana Zuliani-OncoAI (Brazil), Mercedes Bidart- Quipu(Colombia), Patricia Florencia- Pilou (Mexico), and Penny Musengi- Pesira Technologies (Kenya).

Aurora Ventures launches to back the boldest female tech founders across emerging markets, including Egypt

 
Aurora Ventures, an early-stage investment program, is designed to leverage one of the world’s largest pipelines of underserved female talent. It is built on a proprietary sourcing advantage derived from five years of Aurora Tech Award data.  
 
With applications exploding by nearly 30 times since 2021, the Award noticed a persistent gap in market inefficiency  fuelled by high-traction, high-growth businesses led by women in MENA, Africa, and Latin America, which are consistently undervalued and overlooked by traditional venture capital.
 
A new Aurora research study involving 900+ founders across 127 countries found that women founders face systemic “competence scepticism” and higher traction standards.
 
The program, Aurora Ventures, aims to capture the “mispricing” faced by women founders by investing $180k–$250k at the pre-seed and seed stages. The program also utilises the Aurora Tech Award’s network to identify companies before their valuations fully reflect their performance, creating a repeatable model for generating alpha in emerging markets.
 
Speaking on the initiative, Head of Aurora Ventures, Isabella Ghassemi-Smith, described the launch of Aurora Ventures as a disciplined investment program built on the conviction that women founders are one of the most overlooked opportunities in venture capital today.
 
“Over the past five years, we’ve seen a repeating pattern: exceptional women building rigorous businesses but reaching institutional capital later and on worse terms than their performance justifies,” says Ghassemi-Smith.
 
She stated that the success stories of the top 10  finalists underscore the calibre of startups the initiative intends to back.
 
Also speaking, Chief Growth Businesses Officer, inDrive, Andries Smit, explained that “We built inDrive against all odds, competing against better-funded incumbents. We see the same thing playing out with women founders in emerging markets today. Backing Aurora Ventures is not charity; it is the same bet we made on ourselves.”
 
The 2026 pilot program focuses on building an initial portfolio and generating the track record necessary to transition into a formal GP/LP fund structure. By providing capital, network access, and operational guidance, Aurora Ventures seeks to accelerate portfolio companies toward subsequent funding rounds on more equitable terms.

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Padma Shri 2026 for Devaki Amma G. for Extraordinary Contribution to Conservation

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Alappuzha(Kerala), May 24 (BNP): Veteran environmentalist Devaki Amma G will be honoured with the prestigious Padma Shri 2026 for her extraordinary contribution to environmental conservation and afforestation. The 92-year-old conservationist from Muthukulam in Kerala’s Alappuzha district has earned national recognition for transforming barren land into a thriving green ecosystem through decades of tireless dedication.

Padma Shri 2026 for Devaki Amma G. for Extraordinary Contribution to Conservation

Over the last four decades, Devaki Amma single-handedly developed a five-acre man-made forest, popularly known as “Tapovanam,” on sandy and once unproductive ancestral land. What began as a personal effort gradually evolved into a self-sustaining ecosystem with thousands of trees, medicinal plants, birds, insects, and aquatic life, making it a model of grassroots environmental restoration.

Padma Shri 2026 for Devaki Amma G. for Extraordinary Contribution to Conservation

Recognised among the country’s “unsung heroes,” Devaki Amma has been honoured for her unwavering commitment to biodiversity conservation and afforestation. Despite physical challenges and limited institutional support, she continued planting and nurturing saplings for over 40 years, inspiring generations through her dedication to protecting nature.

Today, Tapovanam serves as a living classroom for students, researchers, and environmental enthusiasts, while also offering medicinal resources to local communities. Devaki Amma’s Padma Shri recognition highlights the importance of individual efforts in ecological preservation and sustainable living.

health

India Issues Fresh Ebola Advisory After WHO Global Health Emergency Warning

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New Delhi, May 24 (BNP): India has issued a fresh health and travel advisory following the World Health Organization declaration of a Public Health Emergency of International Concern (PHEIC) over the ongoing Ebola outbreak affecting parts of Africa. The advisory comes amid growing concerns over the spread of the Bundibugyo strain of the Ebola virus in the Democratic Republic of the Congo and Uganda.

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 Representational image

According to the advisory issued by India’s Ministry of Health and Family Welfare, citizens have been urged to avoid non-essential travel to the Democratic Republic of the Congo, Uganda, and South Sudan as a precautionary measure. Health authorities have also advised travellers arriving from or transiting through Ebola-affected regions to immediately report symptoms and seek medical attention if required.

News In Pics

The WHO recently declared the Ebola outbreak a global public health emergency after a rapid rise in suspected and confirmed infections in affected regions. The outbreak, linked to the rare Bundibugyo strain, has raised concerns due to the absence of an approved vaccine or targeted treatment for the virus. Health officials, however, have stressed that Ebola spreads through direct contact with infected bodily fluids and is not transmitted as easily as airborne diseases.

Indian health authorities said surveillance and preparedness measures are being strengthened to prevent any possible import of cases, while urging the public to remain cautious but avoid panic. Experts have emphasised that early detection, reporting of symptoms, and timely medical intervention remain critical to containing the spread of the disease.

business

TechD Cybersecurity Reports Robust FY26 Performance; Revenue Surges 74% YoY to INR 51.8 Crore

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Business Wire India

TechD Cybersecurity Limited announced strong financial and operational performance for FY26, reflecting accelerating enterprise cybersecurity demand, improving execution capabilities, and continued momentum across its AI-led cybersecurity platform strategy.

The company reported Revenue from Operations of INR 51.8 Crore in FY26, representing a robust 74% YoY growth, while PAT increased 68% YoY to INR 14.04 Crore. EBITDA grew significantly to INR 20.16 Crore, showcasing improved operating leverage and scalable profitability.

A major highlight of the year was the sharp recovery and acceleration in the second half of FY26. Revenue in H2FY26 grew approximately 85% over H1FY26, supported by stronger order execution, improving enterprise demand, and increased traction across cybersecurity solutions and managed services.

FY26 Financial Highlights

Strong Revenue Momentum

  • Revenue from Operations surged 73.88% YoY to INR 51.81 Cr in FY26 from INR 29.79 Cr in FY25, reflecting strong business momentum and rising enterprise cybersecurity demand.

Robust Profitability Growth

  • EBITDA increased 83.66% YoY to INR 20.16 Cr, supported by improved operating leverage, better execution efficiency, and scalable business operations.

Healthy PAT Expansion

  • Profit After Tax (PAT) grew 67.61% YoY to INR 14.04 Cr, demonstrating strong profitability, disciplined cost management, and improving margins.

Significant H2FY26 Acceleration

  • H2FY26 Revenue stood at INR 33.62 Cr, witnessing approximately 85% growth over H1FY26, indicating stronger order execution and accelerating business traction.

Sharp Improvement in H2 Profitability

  • H2FY26 EBITDA grew to INR 11.17 Cr, up 136.22% YoY, while H2FY26 PAT increased to INR 7.67 Cr, up 87.38% YoY.

Strong Operating Cash Flow

  • Operating cash flow improved sharply to INR 8.55 Cr in FY26 versus INR 0.95 Cr in FY25, reflecting stronger collections, healthy cash generation, and improving operational efficiency.

Strengthened Balance Sheet

  • Net worth expanded significantly to approximately INR 71.82 Cr post IPO, strengthening the company’s financial position and growth capacity.

Debt-Light Financial Position

  • The company maintains a strong debt-free balance sheet, which provides financial flexibility to fund the Cyber Valley project and international expansion across Canada and GIFT City.

Operational & Strategic Highlights

During FY26, TechD accelerated its strategic transition toward becoming an AI-native cybersecurity platform company with the launch of TECHD ONE, its next-generation integrated cybersecurity platform. The company also relaunched its digital platform, www.techdefence.ai, strengthening its positioning across enterprise cybersecurity, managed security services, compliance, and AI-led threat intelligence solutions.

TechD continues to witness increasing traction across enterprise customers while expanding its international footprint across Canada, the UAE, GIFT City, and other global markets. Backed by healthy repeat business, long-term client relationships, and rising demand for cybersecurity, data protection, and digital infrastructure solutions, the company remains well-positioned to capitalize on the growing global cybersecurity opportunity.

business

Galderma Receives U.S. FDA Approval for Differin® Epiduo® Acne Gel Prescription-to-OTC Switch

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Business Wire India

 

  • A unique Prescription-to-OTC switch in acne care, this approval expands access to a dermatologist-trusted, prescription-strength treatment for millions of acne sufferers ages 12 years and older
  • Backed by more than 15 years of real-world dermatologist use and a robust clinical research program, this milestone demonstrates the depth of science behind the Differin® and Epiduo® heritage
  • Adapalene plus benzoyl peroxide (0.1/2.5%) was the first FDA-approved, stable, fixed- dose prescription acne treatment to combine of benzoyl peroxide with a retinoid, and is now available over-the-counter
  • The formulation is engineered to target multiple causes of acne more effectively than either of its individual active ingredients alone

 

Galderma (SIX: GALD), the pure-play dermatology category leader, today announced that the United States (U.S.) Food and Drug Administration (FDA) has approved Differin® Epiduo® Acne Gel (Adapalene 0.1% and Benzoyl Peroxide 2.5% Acne Treatment) for over-the-counter (OTC) use in ages 12 years and older, marking a significant Prescription-to-OTC transition in acne care.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260522074280/en/

 

 

The U.S. FDA approves Differin® Epiduo® Acne Gel Prescription-to-OTC switch

The U.S. FDA approves Differin® Epiduo® Acne Gel Prescription-to-OTC switch

 

 

This milestone represents yet another example of Galderma’s unique Integrated Dermatology strategy, demonstrating how proven innovations from its Therapeutic Dermatology portfolio can further strengthen its Dermatological Skincare offerings. The Prescription‑to‑OTC transition highlights Galderma’s scale and expertise in successfully commercializing dermatology innovations across the full spectrum of acne care.

 

With the approval of Differin Epiduo OTC, Galderma is bringing its proven acne science to a broader population of acne sufferers through wider access to a dermatologist-recommended, prescription-strength treatment, while further strengthening its global leadership in acne care.

 

 

Delivering continued innovation in acne prevention and care

 

 

Differin Epiduo is a topical acne treatment that combines adapalene, a third-generation retinoid originally discovered and developed by Galderma to address the stability and tolerability challenges of earlier retinoids, with benzoyl peroxide (0.1/2.5%). This adapalene molecule reflects Galderma’s long-standing leadership in retinoid science, delivering an innovation-led approach that goes beyond traditional OTC acne actives. Together, these two dermatologist-trusted ingredients address key biological drivers of acne – clearing clogged pores, killing acne-causing bacteria, and reducing acne inflammation – to help clear acne, prevent future breakouts and improve skin tone, texture, and overall appearance.1,2

 

 

The formulation is further powered by its Simulgel™ Gel Base, which stabilizes and evenly distributes both active ingredients while maintaining benzoyl peroxide’s efficacy and improving overall tolerability. This enables a simple, one-pump, once-daily regimen – a level of ease that is critical to building consistent routines and achieving clearer skin over time.

 

 

 

“This approval marks an important milestone in acne care and reflects Galderma’s longstanding leadership in acne and retinoid science. Differin Epiduo pairs two complementary, evidence‑based actives: adapalene, a highly stable and well‑tolerated retinoid developed by Galderma, and benzoyl peroxide, a proven antimicrobial agent. This retinoid-benzoyl peroxide combination aligns with dermatology guidelines, which strongly recommend using both together as a first‑line, multimodal approach to acne treatment. Bringing this scientifically grounded combination to the OTC setting allows us to extend that legacy to patients across the U.S. while preserving the clinical rigor that underpins its effectiveness.”

 

BILL ANDRIOPOULOS, PH.D.

HEAD OF GLOBAL MEDICAL AFFAIRS

GALDERMA

 

 

Clinical data supporting the approval demonstrated:

 

  • Proven efficacy across multiple randomized, controlled Phase 3 studies, with adapalene/benzoyl peroxide gel consistently outperforming adapalene alone, benzoyl peroxide alone, and vehicle gel across inflammatory, non-inflammatory, and total acne lesions, as well as Investigator Global Assessment (IGA) success rates (“clear” or “almost clear”).3-5
  • Clinically meaningful improvement in lesion counts seen as early as Week 1, with antimicrobial activity beginning on Day 1 and up to 70.3% reduction in inflammatory acne lesions at Week 12.3
  • Sustained efficacy with long‑term use, maintaining ~65% total lesion reduction in a single arm study through 12 months, which supports once‑daily, ongoing acne control.6
  • Proven efficacy across diverse patient populations, with consistent results and favorable tolerability across skin tones.
     

 

 

“This milestone reflects a meaningful advancement for patients, as it expands access to a clinically proven, dual-active acne solution without the need for a prescription. In my practice, the combination of easy access and a simple, once-daily application can help patients use treatment more consistently in their treatment journey for the best possible outcomes.”

 

HEATHER WOOLERY-LLOYD, MD

BOARD-CERTIFIED DERMATOLOGIST

UNITED STATES

 

First approved as a prescription treatment, Epiduo® (Adapalene 0.1% and Benzoyl Peroxide 2.5%) Gel has been trusted by dermatologists for more than 15 years, with millions of prescriptions written worldwide. Its global clinical legacy includes more than ten Galderma studies involving over 3,200 patients, along with extensive third-party studies, across a wide range of ages, skin tones and acne severity. With this Prescription-to-OTC switch, Galderma continues to play a defining role in shaping modern acne care, leveraging its own proprietary science to advance dermatology, and expanding access to effective treatments.

 

Differin Epiduo will be available over-the-counter at most major retailers, including Walmart, Ulta, Target and Amazon, beginning in the summer of 2026. With a commitment to providing effective solutions across consumers’ acne journey, the Differin portfolio also includes cleansers, treatments, and moisturizers to support and provide wholistic solutions. For more information on Differin Epiduo and other Differin products, please visit www.differin.com and join the Differin community on Instagram, Facebook and YouTube to stay up to date on the latest innovations.

 

 

* Outside of the U.S. Epiduo® remains a prescription only product.

 

 

About Galderma

 

 

Galderma (SIX: GALD) is the pure-play dermatology category leader, present in approximately 90 countries. We deliver an innovative, science-based portfolio of premium flagship brands and services that span the full spectrum of the fast-growing dermatology market through Injectable Aesthetics, Dermatological Skincare and Therapeutic Dermatology. Since our foundation in 1981, we have dedicated our focus and passion to the human body’s largest organ—the skin—meeting individual consumer and patient needs with superior outcomes in partnership with healthcare professionals. Because we understand that the skin we are in shapes our lives, we are advancing dermatology for every skin story. For more information: www.galderma.com.

 

 

References:

 

 

  1. Reynolds RV et al. J Am Acad Dermatol. 2024. doi:10.1016/j.jaad.2023.12.017.
  2. Del Rosso JQ, J Clin Aesthet Dermatol. 2015.
  3. Gollnick HP et al. Br J Dermatol. 2009;161(5):1180-1189.
  4. Stein Gold L et al. Cutis. 2009;84(2):110-116.
  5. Thiboutot DM et al. J Am Acad Dermatol. 2007;57(5):791-799.
  6. Pariser et al JDD 2007 Sep;6(9):899-905.

 

 

 

business

ICE Brent and ICE WTI Perpetual Futures to Launch on OKX

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Business Wire India

 

OKX, a blockchain technology and trading company serving more than 120 million customers globally,and Intercontinental Exchange (NYSE: ICE), one of the world’s leading providers of financial market technology and data powering global capital markets including the New York Stock Exchange, today announced plans for OKX to launch perpetual futures based on ICE’s Brent Crude and WTI Crude energy benchmarks.

 

The products are expected to be available to trade on OKX’s platform in jurisdictions where OKX is licensed to offer perpetual futures products. The new OKX contracts represent a major step forward in expanding regulated access to global commodity markets through digital asset infrastructure.

 

 

This first product collaboration between OKX and ICE comes after the companies established a strategic relationship in March 2026. ICE operates some of the world’s leading exchanges, clearing houses and market data services across energy, commodities, fixed income and equities markets.

 

 

ICE’s futures prices for Brent and WTI will underpin the new perpetual contracts offered on OKX’s platform. Brent Crude and WTI are among the world’s most widely referenced oil benchmarks.

 

 

“Oil markets are critical to the world economy. ICE’s Brent and WTI futures markets provide the benchmark prices that energy traders everywhere rely on. Bringing them into regulated perpetual futures is exactly the kind of bridge between traditional and digital markets that market participants have been asking for,” said Haider Rafique, Global Managing Parter at OKX. “This launch gives retail traders access to the world’s most important energy benchmarks in a regulated, transparent environment. That’s a meaningful step forward as we modernize money and markets.”

 

 

By integrating globally recognized commodity benchmarks into regulated digital markets, OKX and ICE are establishing new pathways for users to access some of the world’s most important energy markets.

 

 

“These new OKX perpetual contracts, based on ICE’s deep, liquid, transparent, and global oil markets, allow OKX’s customer base of 120 million retail traders to access energy benchmark products,” said Trabue Bland, Senior Vice President, Futures Exchanges at ICE.

 

 

The launch comes at a time of accelerating interest in tokenized finance, regulated derivatives and real-world asset products globally. For OKX, the launch reflects the company’s broader strategy of expanding regulated infrastructure and building products designed for long-term participation in global financial markets. OKX continues to invest in licensed market expansion, institutional infrastructure and products that bridge digital assets with traditional financial markets.

 

 

About OKX

 

 

OKX is a fintech company known for its global crypto trading platform and its on-chain wallet and marketplace. The company develops technology and applications to modernize money and markets. OKX is known for being one of the fastest and most reliable crypto and payment apps, having processed trillions of dollars in transactions by more than 120+ million people around the world.

 

 

OKX is headquartered in San Jose, California, for the Americas and in Dubai for the Middle East, with regional offices in São Paulo, New York, Hong Kong, Singapore, the Republic of Türkiye, Australia and Europe. Over the past several years, OKX has built one of the world’s most comprehensive regulatory compliant, licensed crypto companies. It holds licenses in the United States, the UAE, EEA, Singapore and Australia, as well as in other markets.

 

 

OKX is steadfastly committed to transparency and security and publishes Proof of Reserves reports on a monthly basis. To learn more about OKX, download the app or visit: okx.com.

 

 

About Intercontinental Exchange

 

 

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges — including the New York Stock Exchange — and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.

 

 

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

 

 

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 — Statements in this press release regarding ICE’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.

 

 

 

 

 

business

Excelsoft Technologies Reports Strong Q4 & FY26 Performance Net Profit Surges 25% YoY in FY26

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Total income rises 17% YoY to ₹291.14 crore in FY26; PAT jumps to ₹43.38 crore vs ₹34.70 crore in FY25, driven by broad-based business momentum and operational efficiencies 

Mysore, May 22, 2026: Excelsoft Technologies Ltd., a global provider of next-generation digital learning, assessment, and education technology solutions, announced its audited consolidated financial results for the quarter and full year ended March 31, 2026. The key highlights are as follows:

Consolidated Financial Highlights – FY26

  • Total Income: ₹291.13 crore, up 17% YoY from ₹248.80 crore in FY25
  • EBITDA: ₹73.13 crore, up 1% YoY
  • Net Profit: ₹43.38 crore, up 25% YoY from ₹34.70 crore in FY25
  • EPS: ₹4.12 (vs ₹3.47 in FY25)

The improved profitability was driven by scale benefits, stronger performance in high-margin segments, and disciplined cost management.

Operational & Strategic Highlights

  • Balanced Revenue Mix (Q4 & FY):
  • Educational Technology Services contributed 53.67% (Q4) and 56.37% (FY)
  • Assessment & Proctoring Solutions 29.30% (Q4) and 27.29% (FY)
  • Learning & Student Success Solutions 14.31% (Q4) and 11.80% (FY)
  • Learning Design & Content Solutions 2.73% (Q4) and 4.54% (FY)
  • Geographical Diversification:
  • North America contributed 62.75% (Q4) and 64.86% (FY)
  • Europe & UK 25.41% (Q4) and 22.70% (FY)
  • India 5.02% (Q4) and 5.94% (FY)
  • Asia ex-India 6.08% (Q4) and 5.71% (FY);
  • Australia 0.73% (Q4) and 0.79% (FY) 
  • Client Base Strength & Retention: Top 5 clients contributed 63.00% in Q4, while Top 10 contributed 72.03%, with an average client relationship tenure of 11 years among the top 10.
  • Operational Scale & Delivery Strength: Workforce stood at 1,109 employees, supported by stable delivery capabilities across engineering, platform services, assessment operations, and content development.
  • Continued Client Expansion: The Company added 4 new clients during this full year period, reinforcing our relevance across education, assessment, and enterprise segments.
  • During the year we finalized one of the largest engagements in Excelsoft’s history — a landmark partnership with a leading examination body in the United Kingdom. This engagement is expected to go live in the coming quarter and represents a transformational milestone for the Company, both from a revenue perspective and in terms of strategic positioning within the UK and European assessment ecosystem.
  • Within Learning Design and Content Solutions, we secured a strategic engagement with one of the world’s leading online course content providers in the United States. This partnership is particularly significant because it reflects increasing recognition of Excelsoft’s AI-led content transformation capabilities and deep domain expertise in digital learning workflows.

 

Commenting on the Company’s performance, Mr. Dhananjaya Sudhanva, Managing Director, Excelsoft Technologies, said: “FY2026 was a landmark year for Excelsoft Technologies — one defined by our successful public listing, strong operational execution, strategic leadership appointments, and transformational client wins that further cemented our standing as a trusted global partner in education technology and assessment solutions.

We were pleased to welcome Mr. Doreswamy Palaniswamy as Chief Executive Officer, whose extensive global experience will be instrumental in accelerating our international expansion and realising our long-term growth ambitions. 

On the business front, we secured some of the most significant engagements in our history — including a major partnership with a leading UK examination body and a prominent US online course content provider — demonstrating both the depth of our capabilities and our growing relevance on the world stage. We further strengthened our partner ecosystem through key collaborations with VTCT Skills (UK) and the Civil Service Commission of the Philippines. 

Growth across the year was underpinned by strong momentum in Educational Technology Services, increasing adoption of our assessment platforms, and rising demand for AI-led digital learning solutions. In parallel, we continued to invest meaningfully in AI capabilities, secure infrastructure, talent, and innovation — building the foundation for sustained long-term competitiveness.

With deepening client relationships, an expanding global footprint, and a maturing suite of AI-driven capabilities, Excelsoft enters the next phase of its journey well positioned for sustainable growth and enduring value creation.”

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Fire Incident at Genome Valley Life Sciences Facility Disrupts CRO Research Operations

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Fire Incident at Genome Valley Life Sciences Facility Disrupts CRO Research Operations

Hyderabad, May 23: A fire incident was reported at a life sciences facility located in Genome Valley, Hyderabad, one of India’s leading biotech and research hubs. The facility is operated by Rx Propellant, a life sciences infrastructure platform owned by global fund Actis and British International Investment (BII).

According to preliminary assessments, the fire is believed to have been caused by a safety lapse within the facility. The incident resulted in extensive material and structural damage to the premises occupied by a global Contract Research Organization (CRO) operating within the building.

The affected laboratories and research environments play a critical role in drug discovery and clinical research activities. As a result, the incident has led to significant disruptions in ongoing research programs, project timelines, and client deliverables undertaken by the CRO.

Further investigations are currently underway to ascertain the exact cause of the incident and assess the full extent of the damage. 

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Chandrayaan-3 Wins Prestigious US Space Honour Years After Historic Moon Landing

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May 23 (BNP): India’s landmark lunar mission, Chandrayaan-3, has received the prestigious 2026 Goddard Astronautics Award from the American Institute of Aeronautics and Astronautics, marking a major global recognition of the country’s achievements in space exploration. The honour was presented during the AIAA ASCEND 2026 Conference in Washington, D.C. on May 21.

Chandrayaan-3 Wins Prestigious US Space Honour Years After Historic Moon Landing

The award recognises Chandrayaan-3’s historic feat of becoming the first spacecraft to successfully soft-land near the Moon’s south pole on August 23, 2023 — a scientifically significant region that had never before witnessed a surface-level landing mission. The achievement strengthened India’s position among leading spacefaring nations and opened new possibilities for future lunar exploration.

India’s Ambassador to the United States, Vinay Kwatra, accepted the award on behalf of the Indian Space Research Organisation during the ceremony. He highlighted India’s long-term ambitions in deep-space exploration and human spaceflight while underscoring the growing cooperation between India and the United States in the space sector.

The Goddard Astronautics Award is regarded as the highest honour bestowed by AIAA for notable achievements in astronautics and commemorates pioneering rocket scientist Robert H. Goddard. Chandrayaan-3’s recognition reflects India’s expanding scientific capabilities and its rising global influence in advanced space research.

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Shreyas WebMedia Solutions Participates in WTC Women’s Forum Meet in Bhubaneswar

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Shreyas WebMedia Solutions Participates in WTC Women’s Forum Meet in Bhubaneswar

Bhubaneswar, May 23: World Trade Center Bhubaneswar organized the WTC Women’s Forum Meet – WAVE (Women as Vibrant Entrepreneurs: Connect, Collaborate & Conquer) on May 22, 2026, at the IDCO Conference Hall, Bhubaneswar. The event brought together women entrepreneurs, professionals, and members of the WTC network to discuss business opportunities, collaboration, skill development, and institutional support.

Shreyas WebMedia Solutions Participates in WTC Women’s Forum Meet in Bhubaneswar

Representing Shreyas WebMedia Solutions, Director K. Gouri and Administrative Officer Bhumika Lenka actively participated in the forum and interacted with fellow WTC members during the networking sessions.

During the meeting, all participating members introduced themselves and shared details about their businesses, future plans, and entrepreneurial journeys. Several members discussed their interest in expanding into import and export activities and highlighted the challenges they face in areas such as market access, logistics, international trade guidance, business networking, and regulatory processes. The forum created an open and supportive platform where members could voice their concerns and seek guidance from WTC Bhubaneswar.

Shreyas WebMedia Solutions Participates in WTC Women’s Forum Meet in Bhubaneswar

The discussions aimed to help the organization better understand the needs of entrepreneurs so that suitable support, mentorship, and business solutions could be provided through the WTC network. Members also exchanged ideas on collaboration opportunities and explored ways to strengthen women-led businesses through global trade connections.

Key agenda points included planning for Raja Parba celebrations, arrangements for International Yoga Day, and a proposed visit to the World Skill Centre on June 5. The meeting also emphasized member engagement, institutional strengthening, and the importance of creating opportunities for professional growth and international business exposure.

Representatives from Shreyas WebMedia Solutions described the event as highly informative and beneficial, noting that it provided a valuable opportunity to connect with WTC members, understand industry challenges, and build meaningful professional relationships.

The session concluded with a vote of thanks followed by high tea, encouraging further networking and interaction among participants.