Motilal Oswal Alternates Invests ₹600 Cr in KARAM Safety

9 Sept 2026, 7:41 pm · 3d ago · 1 min read · YourStory

Amount

₹600 Cr

Stage

PE

Lead

Motilal Oswal Alternates

Indian fall-protection and personal protective equipment manufacturer KARAM Safety has raised ₹600 crore from private equity firm Motilal Oswal Alternates. The investment comes via the firm's ₹8,500 crore India Business Excellence Fund V, marking its fifth bet. Founded in 1998, KARAM operates five manufacturing facilities across India, South Africa, and Brazil, exporting certified safety products to over 140 countries. The company plans to deploy the capital towards global inorganic expansion through strategic acquisitions across complementary product lines, technologies, and international markets, while also scaling its domestic manufacturing and global distribution networks.