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North India’s Biggest ‘Incubator & Capital Summit 2025’ Kicks-Off at Chandigarh University

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100+ Incubators, 250+ Top Startups, 20+ Venture Capitalists, 40 Leading Corporations, Policy Makers Participate in Chandigarh University’s ‘Incubator & Capital Summit 2025’ 

CHANDIGARH, India, April 18, 2025 /PRNewswire/ — Chandigarh University’s first-of-its-kind ‘North India Incubators & Capital Summit (NIICS) 2025’, a two-day flagship event aimed at fostering innovation, collaboration, and advancement within the startup and investment ecosystem, got underway on Friday bringing together over 100+ Incubators from eight states in the region, 250+ top Startups, 20+ Venture Capitalists, Angel Investors and Entrepreneur for creating innovation and investment opportunities in the region.

Organised by Chandigarh University’s Technology Business Incubator (TBI) in collaboration with T-Hub, one of the world’s leading startup incubators, the ‘North India Incubators & Capital Summit (NIICS) 2025’ brought together stakeholder from eight states – Delhi, Rajasthan, Haryana, Uttarakhand, Uttar Pradesh, Jammu and Kashmir, Himachal Pradesh, and Punjab to outline the roadmap to transform North India’s entrepreneurial landscape.  The Summit has been endorsed by by STEPs and Business Incubators Association (ISBA), TiE (IndUS Entrepreneurs) Chandigarh, MeitY Startup Hub and Department for Promotion of Industry and Internal Trade (DPIIT).

Besides Member of Parliament (Rajya Sabha) and Chandigarh University Chancellor, Satnam Singh Sandhu, the dignitaries who attended the inauguration ceremony of the Summit included KK Yadav, Administrative Secretary, Industries & Commerce, Investment Promotion and Promotion of Information Technology Industry Punjab,  Kamal Kishor Yadav, PS Madanagopal, CEO, MeitY Startup Hub, Lalit Jain, Director of Census Operations and Citizen Registration in Haryana, Dr. Meer Murtaza, OSD Mission Youth J&K,  Kadam Sandeep Vasant, Secretary, Technical Education, Himachal Pradesh and Sujit Jagirdar, Chief Innovation Officer at T-Hub.

On the occasion, Sandhu launched Chandigarh University’s ‘Centre for Universal Business and Entrepreneurship’ to plug and play opportunities for the Startups across North India and ignite Next-Gen Innovation in the region.

Under the theme “Eight States, One Vision,” the Summit celebrated unprecedented collaboration among eight North Indian states, demonstrating the power of regional unity in building a robust innovation ecosystem. The event also spotlighted sustainable incubation models, introducing financial sustainability frameworks as a blueprint for incubators across the country. Driving collaborative efforts to address long-standing innovation divide across regions, the Summit’s focus extended “Beyond Convenience to Deep Tech,” urging startups in the region to shift from convenience-based solutions to deep technology innovation, in alignment with national priorities for technological self-reliance.

The Summit 2025 featured five thematic pavilions covering in emerging sectors like AI, Health & Wellness, Genentech & Sustainability, Business & Finance, Consumer Technology. These apart, two pavilions featured startups related to products and services. Four startups nurtured at the Chandigarh University were also launched by   Members of Parliament (Rajya Sabha) & Chancellor Chandigarh University, Satnam Singh Sandhu during the inaugural ceremony of the Summit.

To transform the nation into Viksit Bharat, we must strengthen our start-up ecosystem, says Member of Parliament (Rajya Sabha) & Chancellor Chandigarh University, Satnam Singh Sandhu

In his inaugural address, Member of Parliament (Rajya Sabha) and Chancellor of Chandigarh University, Satnam Singh Sandhu, praised Prime Minister Narendra Modi’s visionary leadership for setting India on the path to becoming a Viksit Bharat (Developed Nation). “The most critical driver of this transformation is our startup ecosystem,” he said, emphasizing the need to strengthen it further.

Sandhu highlighted that under PM Modi’s leadership, the past decade has marked a golden era for Indian startups. “With supportive policies, India has become a nation of ideas and innovation — now home to the world’s 3rd largest startup ecosystem, growing from around 500 startups in 2016 to over 1.59 lakh today, including 110 unicorns. These startups have created over 16.6 lakh direct jobs. At Chandigarh University alone, students have launched over 150 startups. Our Technology Business Incubator (CU-TBI) is now mobilizing Rs 5 crore to further boost innovation and entrepreneurship,” he added.

Immense support system in place, there is no better time for Startups in India, says CEO, MeitY Startup Hub, PS Madanagopal

Participating in the Session on ‘Northern Constellation: Uniting Innovation’, PS Madanagopal, CEO, MeitY Startup Hub, said, “Most of our Startups are today solving problems for urban India. There is a strong need to push beyond this urban India’s convenience related problems so solve problems that matter to Bharat which is could be related to water, hygiene, sanitation, air, education and health. My urge to innovators and problem solvers is that every day when you travel, if you could identify one problem, you can start letting it grow in your mind. Eventually the solutions will stare at your face. And that is something if you pursue, you will end up being a very powerful problem solver but also an entrepreneur. An entrepreneur is a real problem solver who works on a product which will change the status quo of society. That mind-set creates 10000 or 20000 jobs. The role of incubator is becoming extremely critical for felicitating an entrepreneur’s entire journey.  The first 1000 days of an entrepreneur are very important because it’s the critical phase. In way, there is immense support system at the incubator or the college level or the government level. There is no better time to Startup,”.

Need to inculcate entrepreneurial attitude, provide students with ideal environment for new ideas and skills, says KK Yadav, Additional Chief Secretary Industries, Industries and Commerce & Investment Promotion, Punjab

KK Yadav, Additional Chief Secretary Industries, Industries and Commerce & Investment Promotion, Punjab said, “When we talk about new start-ups; whenever someone comes up with a new idea whether you believe in that idea or not, whether that idea can be implemented or not but when we talk about solving a problem, an environment is automatically created to find its solution. An entrepreneurial attitude should be inculcated in the students and they should be provided with ideal environment in which they can create new ideas and learn new skills. This should not only be done by educational institutions alone, but we need to create a social environment for that. The governments have limited funding, but they can still help in many ways.”

He emphasised the importance of nurturing a mindset among students to become job providers rather than job seekers.

India will need a million startup to support the US$ 10 Trillion Economy by 2035, says CIO T-Hub Sujit Jagirdar

Sujit Jagirdar, Chief Innovation Officer at T-Hub, said, “India is a land of opportunities. There was a time when people used to say that US is the land of opportunities but now it’s no more the case. It’s India that is the land of opportunities as an option. The government has played a biggest role in making the startup eco system by providing policies infrastructure and funding for this.  Nine out of 10 founders make a startups to solve the problems they faced personally. So how do you solve problem in your area will matter the most. We are the fifth biggest economy and we will soon become third largest economy very soon. By 2035, the opportunity for us to move from US$4 Trillin to US$ 10 Trillion, we will need a million startups, which is about 10 times than what we have today, to support that economy. So there are phenomenal opportunities.  We just need the mind-set to focus on those opportunities,”.

Kadam Sandeep Vasant, Secretary of Technical Education, Himachal Pradesh, said, “Innovation begins with education. To foster it, we must build systems that encourage creativity and experimentation, By signing an MoU with T-Hub and the launch of an innovation fund to support students in prototyping, idea development, and patenting,”.

Lalit Jain, Director of Census Operations and Citizenship Registration for Haryana and Himachal Pradesh, said, “There’s no shortage of local startups offering unique solutions, especially in the tourism sector in Himachal Pradesh. But we are lagging in marketing. In today’s age, visibility is everything. Our startups need stronger promotion through government support, NGOs, and social media to attract investment and scale up.”

Meer Murtaza, OSD, Mission Youth J&K, said “We’re handholding youth to turn their ideas into ventures. With a recent paperless census covering 1.10 crore individuals across 25 lakh households, we have identified 8.45 lakh potential entrepreneurs. Now, it’s time for the youth to step out of their comfort zones—innovation requires taking risks,”.

About Chandigarh University

Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.

Website address:  https://www.cuchd.in/

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VibeBeats Launches AI-Powered Music Streaming Service for Businesses globally

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Vibebeats AI gives cafés, gyms, retailers, bars and hotels fully licensed, AI-curated streaming music for business from any phone, tablet or browser — no hardware, no lock-in contracts, no licensing paperwork — from A$29 a month with a 7-day free trial.

BRISBANE, Australia, July 24, 2026 /PRNewswire-PRWeb/ — VibeBeats Launches AI-Powered Music Streaming Service for Businesses globally

VibeBeats gives venues fully licensed, AI-curated Music at a fraction of the cost — one app, one licence, one platform.

Vibebeats AI gives cafés, gyms, retailers, bars and hotels fully licensed, AI-curated streaming music for business from any phone, tablet or browser — no hardware, no lock-in contracts, no licensing paperwork — from A$29 a month with a 7-day free trial.

Most venues playing music through consumer apps are doing it on the wrong licence. VibeBeats, an Australian-built, AI-powered streaming music for business platform, has launched across Australia and worldwide to fix that — turning any phone, tablet or browser into a fully licensed venue sound system in under five minutes. One agreement covers commercial performance rights across OneMusic and APRA AMCOS in Australia, and ASCAP, BMI, PRS and other rights bodies internationally — the same platform serving a café in Melbourne or a gym in London.

The “Spotify for business” that actually exists

Every month, thousands of venue owners worldwide search for “Spotify for business” — a product that doesn’t exist. Consumer streaming accounts are licensed for personal use only, leaving businesses that play them exposed under copyright law in Australia and virtually every other market. VibeBeats fills that gap: a business music streaming service where the commercial music rights are handled under one agreement — no separate music licence for business paperwork to manage.

“The number one thing we see is venue owners assuming it’s fine to play their personal Spotify account in the café — most don’t realise a licence fee even applies,” said Damien King, founder of VibeBeats. “It’s not bad intent. Licensing is complex, and when you’re running a small business there are a hundred competing priorities. VibeBeats solves it with one app, one licence, one platform.”

What VibeBeats delivers

Fully Licensed for Commercial Use — one agreement covers the rights that would otherwise involve OneMusic, APRA AMCOS, ASCAP, BMI, PRS and more.No Hardware Required — any phone, tablet or browser becomes the venue sound system — set up in under five minutes.AI-Curated Background Music for Business — stations matched to venue type and time of day, from morning coffee trade to peak gym floor to late-night bar.Smart Scheduling — playlists by daypart, with music that keeps running through connection drops.Multi-Venue Dashboard — manage every location from a single account.Simple Pricing — from A$29 per month per venue with a 7-day free trial — no lock-in contracts.

Pricing and availability

VibeBeats is available now from $29AUD/$20US per month per venue, and globally, with a 7-day free trial at vibebeats.ai. Purpose-built stations are available for cafés, gyms, retail and in-store environments, bars and hotels.

About VibeBeats

VibeBeats is an AI-powered commercial music streaming platform for businesses, offering direct-licensed music for cafés, restaurants, bars, retail stores, gyms and hotels. One agreement covers commercial performance rights that would otherwise involve PROs, OneMusic, APRA AMCOS, ASCAP, BMI, PRS and more. Australian-built and available globally, VibeBeats AI streams to any device with no proprietary hardware required. Learn more at vibebeats.ai.

VibeBeats is not affiliated with Spotify.

Media Contact

Damien King, Vibebeats AI, 61 0408009067, hello@vibebeats.ai, https://vibebeats.ai

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Inside information: Valmet initiates a strategic review to evaluate a potential separation of its two segments

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Valmet Oyj’s stock exchange release (inside information) on July 24, 2026 at 9.01a.m. EEST 

ESPOO, Finland, July 24, 2026 /PRNewswire/ — The Board of Directors of Valmet Oyj (“Valmet” or the “Company”) has decided to initiate a strategic review to evaluate a potential separation of its two core businesses, Biomaterial Solutions and Services, and Process Performance Solutions, into two standalone publicly listed companies. The review will focus on assessing whether a separation of the two businesses and their operation as separately listed companies on Nasdaq Helsinki would create additional value for shareholders compared with the current combined structure.

Both Valmet’s core businesses report as separate segments and they have grown into large, mostly independent profitable businesses, each with strong market positions and scale that allow them to succeed independently. With the recent completion of the Severn acquisition taking Process Performance Solutions to approximately EUR 1.7 billion in annual net sales and the renewed operating model now firmly in place, the Board believes this is the right time to assess whether a separation would unlock shareholder value by enabling each business to better realise its full potential.

The Board also notes that the two core businesses operate relatively independently as they serve mainly different customer industries, exhibit distinct business drivers, and have different capital allocation profiles. Biomaterial Solutions and Services is a global technology and lifecycle services business focused on the pulp, board, paper, tissue and energy industries, where its competitive advantage is anchored in a vast installed base, advanced technology, global presence, strong customer references and global services penetration. Process Performance Solutions is a mission-critical automation and flow control business serving a diversified set of industries. Over the past decade, it has evolved from a business primarily focused on pulp and paper into a diversified industrial platform, with close to 70 percent of net sales generated from other industries today.

Based on the Board’s initial assessment, a separation would allow each business to pursue sustainable profitable growth opportunities more independently and efficiently, with the potential for sharper management focus, greater agility, more tailored capital allocation, and more flexible access to external capital to support both organic and inorganic growth. The Board will also assess whether, if implemented, a separation would improve transparency, simplify governance, and allow capital markets to better recognize the full value of both businesses.

Pekka Vauramo, Chair of the Board, said:
“The Board continuously evaluates how to create the greatest long-term value for Valmet’s shareholders. Today, Valmet consists of two strong businesses with distinct markets, growth opportunities and capital allocation needs. Through this review, we will assess whether they can create more value as independent companies than they can together. We will only proceed with a separation if we conclude after detailed analysis that separation is clearly in the best interests of our shareholders.” 

Thomas Hinnerskov, President and CEO of Valmet, said:
“Both of our businesses are well positioned, with strong customer relationships and market positions, as well as talented employees. The review reflects the strength and maturity of both businesses, which we have built through strong execution, organic growth and strategic investments into sizeable and successful operations with the scale, capabilities and opportunities to create further value both together and, potentially, as independent companies. This review does not change our commitment to our customers or our strategy. It is a priority for us to preserve the strength of our full offering and the value our customers gain from services, automation and technology working together. Throughout the process, our focus remains on serving our customers and delivering value for their success.”

Although the strategic review has been initiated, there is no guarantee that the review will result in any transaction, including a separation. The Board will only execute or recommend changes to the Group’s structure if clear evidence of enhanced shareholder value creation can be attained. Valmet will provide an update on the review latest in connection with the publication of its full-year 2026 results.

Further information, please contact:

For investors: Pekka Rouhiainen, VP, Investor Relations, Valmet, tel. +358 10 672 0020

For media: Valmet Communications, media@valmet.com

VALMET

Katri Hokkanen
CFO

Pekka Rouhiainen
VP, Investor Relations

DISTRIBUTION:
Nasdaq Helsinki
Major media
www.valmet.com

Valmet is a global technology leader in serving process industries. We work with our customers throughout the lifecycle, delivering cutting-edge technologies and services, as well as mission-critical automation and flow control solutions. Backed by more than 225 years of industrial experience and a global team of 18,500 professionals close to customers, we are uniquely positioned to transform industries toward a regenerative tomorrow.

In 2025, Valmet’s net sales totaled approximately EUR 5.2 billion. Our head office is in Espoo, Finland, and we have experts in approximately 40 countries around the world. Valmet’s shares are listed on Nasdaq Helsinki.

Follow us on valmet.com | X | LinkedIn | Facebook | YouTube | Instagram |

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Securitas AB Interim Report Q2 2026 | January-June

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STOCKHOLM, July 24, 2026 /PRNewswire/ — 

APRIL–JUNE 2026

Total sales MSEK 37 843 (38 564)Organic sales growth 0 percent (5)Adjusted organic sales growth, 3 percent*Real sales growth within technology and solutions 5 percent (4)Operating income before amortization MSEK 2 824 (2 798)Operating margin 7.5 percent (7.3)Adjusted operating margin, 7.6 percent (7.5)*Items affecting comparability (IAC) MSEK –46 (–166) Earnings per share, SEK 2.88 (2.56)Earnings per share before IAC, SEK 2.94 (2.79)Cash flow from operating activities 87 percent (106)

JANUARY–JUNE 2026

Total sales MSEK 74 054 (78 170)Organic sales growth 0 percent (4)Adjusted organic sales growth, 2 ­percent*Real sales growth within technology and solutions 4 percent (5)Operating income before amortization MSEK 5 283 (5 323)Operating margin 7.1 percent (6.8)Adjusted operating margin, 7.3 ­percent (7.1)*Items affecting comparability (IAC) MSEK 138 (–243) whereof MSEK 213 (–5) related to divestitures Earnings per share, SEK 5.68 (4.86)Earnings per share before IAC, SEK 5.40 (5.15)Cash flow from operating activities 65 percent (56)Net debt/EBITDA ratio 2.2 (2.4) 

*A new key ratio, operating margin adjusted for the government business within SCIS in the process of being closed down, was added as of the second quarter 2025. A new key ratio, organic sales growth adjusted for the same business, was added as of the third quarter 2025. Refer to note 5 for further information.

Comments from the President and CEO

“Continued profitability improvement”

Organic sales growth in the second quarter, adjusted for the close-down of the SCIS government business, was 3 percent. Organic sales growth in North America was supported by both the Guarding and Technology business units, while active portfolio management had a hampering effect on organic sales growth in Europe. 

Real sales growth in technology and solutions reached 5 percent in the second quarter, supported by good performance in Technology in North America. Commercial activity remained healthy in the global technology business with strong growth in installation order intake and backlog.

We execute on our strategy with the share of technology and solutions increasing across all segments but we are not fully satisfied with the overall growth. We have built a strong and differentiated technology-led offering and we are intensifying our efforts to commercialize the capabilities we have built.

We delivered an improved adjusted operating margin in the second quarter, reaching 7.6 percent (7.5), driven by both the technology and solutions and the security services business lines. Operating income increased 3 percent and earnings per share 7 percent. For the first six months earnings per share increased 11 percent.

Cash generation was good, cor­re­spond­ing to 87 percent (106) of oper­at­ing income in the quarter, and 65 per­cent (56) for the first six months of the year. The net debt to EBITDA ratio was 2.2 (2.4).

THE TRUSTED PARTNER IN INTELLIGENCE-LED SECURITY

Our recently announced 2030 strategy positions Securitas as the trusted partner in intelligence-led security, combining global presence and deep security expertise with advanced data, analytics and technology. By leveraging actionable risk intelligence and a more consultative approach, we aim to move further up the value chain, delivering proactive, insight-driven security and strengthening our role as a strategic advisor to clients. In an increasingly complex risk environment, growing demand for professional security ­ser­vices supports our continued growth and competitive position.

The close-down of the SCIS govern­ment business is progressing accord­ing to plan and is expected to be concluded by year-end. As no further activities remain, the strategic as­sess­­­ment program was concluded in the second quarter of 2026.

The shift toward technology and solutions continues to drive prof­itabil­ity improvements. We are also strength­en­ing the performance of our security services business and, as of the second quarter of 2026, have completed portfolio management actions related to underperforming contracts in Europe. Going forward, portfolio optimization will continue as part of normal business operations, with a sustained focus on contract profitability.

CREATING LONG-TERM SHAREHOLDER VALUE

In conjunction with the launch of our strategy, we have updated the Group’s financial targets for the period through 2030. The revised targets include a new headline target of achieving 10 percent average annual earnings per share growth over a business cycle, alongside targets for cash flow, leverage and dividend policy. With a strong focus on quality and innovation, we are accelerating our transformation and remain confident in our ability to deliver sustainable earnings growth and create long-term shareholder value.

Magnus Ahlqvist
President and CEO

PRESENTATION OF THE INTERIM REPORT

Analysts and media are invited to participate in a telephone ­conference on July 24, 2026, at 9.30 a.m. (CEST) where President and CEO Magnus Ahlqvist and CFO Matteo Dall’Ora will present the report and answer questions. The ­telephone conference will also be audio cast live via Securitas’ website www.securitas.com

To follow the audio cast of the telephone conference via the web, please follow the link
www.securitas.com/en/investors/financial-reports-and-presentations/

A recorded version of the audio cast will be available at www.securitas.com/en/investors/financial-reports-and-presentations/
after the ­telephone conference.

For further information, please contact:
Micaela Sjökvist, Vice President, Investor Relations +46 76 116 7443

ABOUT SECURITAS

Securitas is a world-leading safety and security solutions partner that helps make your world a safer place. Nine decades of deep experience means we see what others miss. By leveraging technology in partnership with our clients, ­combined with an innovative, holistic approach, we’re transforming the security ­industry. With approximately 322 000 employees in 44 markets, we see a ­different world and ­create sustainable value for our clients by protecting what matters most – their people and assets.

Group financial targets

Securitas has the following financial targets:

Average annual earnings per share growth of 10 percent over a business cycle, excluding items affecting comparability and adjusted for changes in exchange rates, with a >10 percent operating margin ambition long-termOperating cash flow of 80–90 percent of operating income before amortizationNet debt to EBITDA below 2.5xDividend policy of 50–60 percent of annual net income over a business cycle, with excess capital returned to shareholders once stra-tegic growth priorities are met

Securitas AB (publ.)
P.O. Box 12307, SE-102 28 Stockholm, Sweden
Visiting address:
Lindhagensplan 70
Telephone: +46 10 470 30 00
Corporate registration number: 556302-7241

www.securitas.com

This is information that Securitas AB is obliged to make public pursuant to the EU Market Abuse Regulation.
The information was submitted for publication, through the agency of the contact person set out above,
at 8.00 a.m. (CEST) on Friday, July 24, 2026.

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