Retinal fundus imaging plays an essential role in diagnosing various stages of diabetic retinopathy, where exudates are critical markers of early disease onset. Prompt detection of these exudates is pivotal for enabling optometrists to arrest or significantly decelerate the disease progression. This paper introduces a novel, lightweight convolutional neural network architecture tailored for automated exudate detection, designed to identify these markers efficiently and accurately. To address the challenge of limited training data, we have incorporated domain-specific data augmentations to enhance the model's generalizability. Furthermore, we applied a suite of regularization techniques within our custom architecture to boost diagnostic accuracy while optimizing computational efficiency. Remarkably, this streamlined model contains only 4.73 million parameters a reduction of nearly 60% compared to the standard ResNet-18 model, which has 11.69 million parameters. Despite its reduced complexity, our model achieves an impressive F1 score of 90%, demonstrating its efficacy in the early detection of diabetic retinopathy through fundus imaging.