
Motilal Oswal Alternates has invested ₹600 crore in KARAM Safety through its India Business Excellence Fund V, which closed at ₹8,500 crore in February 2026.
The capital will support KARAM's global expansion, strategic acquisitions, and the strengthening of its manufacturing and R&D capabilities across its 3,800-product portfolio.
Founded in 1998, KARAM currently employs over 4,500 people and exports safety equipment to more than 140 countries, operating facilities in India, South Africa, and Brazil.