Following the news of TA Associates acquiring a significant stake in OmniActive Health, co-founder Hiren Doshi along with other investors will exit
Hiren Doshi played a pivotal role in establishing OmniActive’s presence in the global supply marketplace. He has been co-founder, President and board member since 2004 and helped take the company from concept to a global enterprise with nearly 500 employees. As part of the TA transaction, Doshi formally exits OmniActive and sells his shares.
“I am proud of the work done by my team and I, along with my mentor Sanjaya Mariwala, to build OmniActive into a global Nutritional Ingredient powerhouse, setting the strong foundation for this investment by TA Associates,” said Doshi. “Our collective efforts over the past 16 years have certainly been recognised and rewarded.”
“Hiren’s leadership of our global business development effort was outstanding. He built an international clientele and a sales team which are simply exceptional,” said Sanjaya Mariwala, Chairman, founder and MD. “We wish him much success moving forward.”
The transaction creates a opportunity for Doshi to pursue newer adventures. This is his second significant transaction in less than twelve months, having sold Paragon Private Health in April 2020, a concierge medicine company he founded.
“I am always looking out for on-trend, innovative business opportunities in the marketplace,” added Doshi. “I plan to stay active in the health & wellness space for many years to come.”
Hiren Doshi is a three-time Inc 500/5000-recognised veteran of the healthy lifestyles industry, and has worked for two decades in thought leadership and innovation strategy for the branded ingredients, finished products, physician services, and digital health industry sectors.