India, April 21 -- Varun Mukhi is leading Mumbai-based Zyax Chem's next phase of growth as the company acquires a 26 percent stake in DElhi-based Gaymed Labs, marking a significant step in its expansion strategy and reinforcing its commitment to building a high-growth, future-facing portfolio within the chemicals and allied sectors.

With this strategic investment, Zyax Chem enters as both capital partner and operational enabler, bringing deep expertise across manufacturing, formulation, distribution, and global partnerships.

Mukhi, who joins the board of Gaymed Labs as a Non-Executive Director, will work closely with the management team to shape long-term strategy, unlock scale, and strengthen the company's market position.

The investm...