Nutraceutical ingredients maker OmniActive receives $ 35 mn from Everstone

It will use the money to execute acquisition opportunities as part of its inorganic growth strategy

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<a href="http://www.shutterstock.com/pic-204641425/stock-photo-blueberries-spill-from-a-pill-container-instead-of-drugs-for-alternative-natural-health.html?src=yg_kYI4oZUHzh0MpPV63DQ-1-2" target="_blank">Nutraceuticals</a> image via Shutterstock.

BS B2B Bureau Mumbai

Last Updated : Jan 04 2017 | 12:37 PM IST

OmniActive Health Technologies, the Mumbai-based nutraceutical ingredients supplier, has received investment of $ 35 million (Rs 238 crores) from the private equity firm Everstone Group to further accelerate its growth in the fast-expanding nutraceuticals space. The deal is Everstone’s third in the healthcare and wellness sector in less than a year.

Founded in 2005, OmniActive is a leading supplier of naturally sourced ingredients for eye health, weight management and heart health to global nutraceutical companies that provide food supplements and nutritional fortification. It has manufacturing facilities and well-equipped R&D centres across India and Canada, and sales and marketing presence across the

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