Led · Equity · Aug 2026

Biodeal Pharmaceuticals is a contract development and manufacturing organization focused on nasal drug delivery systems, specialty formulations and complex generics. The firm operates two WHO‑GMP certified manufacturing facilities and serves over 1,000 pharmaceutical partners across 80 countries. Management says the company has built differentiated capabilities in specialty pharmaceuticals. The recent ₹385 crore investment from RMB Capitalworks will fund expansion into CIS countries, Latin America and Europe while reinforcing its presence in Asia. Days before the new infusion, Piramal Alternatives exited the company, returning 20% on its Rs 110 crore investment. The company is headquartered in Noida, Uttar Pradesh.

Led · Series B · Mar 2026

Mozark provides an AI-assisted testing and observability platform that scripts critical user journeys on live devices and real networks, generating synthetic telemetry to diagnose performance issues from applications and AI systems down to data centers and power infrastructure. The company positions its solution as a means to deliver "Digital Experience Equity," ensuring consistent service quality regardless of location, device, or network. Mozark currently supports more than 50 enterprise and government clients in over 20 countries and has executed 25 million+ tests running concurrently on several thousand live devices. Founders and co-CEOs Kartik Raja and Fabien Renaudineau, together with founder and CPO Chandra Ramamoorthy, oversee the company’s expansion and product roadmap. Fresh capital will fund deeper testing capabilities across the full AI stack, accelerate entry into priority markets such as the United States and the Global South, and finance strategic acquisitions. By focusing on emerging markets and sovereignty-ready deployments, Mozark aims to strengthen the reliability, accountability, and inclusivity of digital infrastructure worldwide. No revenue figures were disclosed, but the firm’s growing customer base and frequent test volumes indicate meaningful traction.