PE Fund Investments
IIFL VC invests in nutraceuticals maker OmniActive
IIFL Asset Management Ltd (IIFL) has acquired a minority stake in Mumbai-based nutraceutical maker OmniActive Health Technologies. The investment has been made through IIFL AMC's Special Opportunities Fund series. Investec acted as a sole sell side financial advisor to the transaction. Established in 2005, OmniActive offers a range of dietary supplements and fortification nutrients.
From the Venture Intelligence PE-VC Deal Database: Between Dec-16 and Nov-20, OmniActive Health Technologies raised $185-M from Everstone (fully exited) and TA Associates. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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