About the Deal
Sanjaya Mariwala, promoter of OmniActive Health Technologies Limited, has raised INR 370 crores to refinance debt with the Kotak Special Situation Fund. The capital infusion was led by Investec India and Axis Capital Limited.
Investec acted as exclusive financial advisor to Sanjaya Mariwala, promoter of OmniActive.
Founded in 2005, OmniActive strives to improve lives by enhancing nutrition and wellness through science and innovation. As a leader in health solutions, the company offers a range of high-quality natural ingredients that are innovative and scientifically validated for nutritional supplementation and nutritional enrichment. OmniActive partners with leading nutrition brands and manufacturers around the world to improve the health and well-being of consumers through a solution-oriented approach.
The company has R&D and manufacturing facilities in Pune, Hosur and Thane in India and sales and distribution facilities in the U.S., Europe, India, Asia, Australia and Latin America. TA Associates, a leading global private equity firm, acquired a significant stake in the company in January 2021. IIFL AMC acquired a minority stake in the company in February 2022.