PE-VC Fund Investments
Occupational safety products maker Karam raises Rs.600-Cr from Motilal Oswal Alternates
Co. Announcement Economic Times
Noida-based PPE (personal protective equipment) maker Karam Safety has raised INR 600-Cr from Motilal Oswal Alternates, via India Business Excellence Fund V (IBEF V).Founded in 1998, Karam produces a range of occupational safety solutions and personal protective equipment, including over 3,800 products such as helmets, harnesses, and safety footwear. It currently markets and sells its products under four global brands across Africa, Asia Pacific, Europe, South America, and the US.The company plans to use the capital to accelerate inorganic growth, expand into new categories and markets, and pursue strategic acquisitions across complementary product lines and technologies.
For FY25, Karam Safety had reported about INR 419 Cr in Operating Income and about INR 58 Cr in PAT.
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