Motilal Oswal Alternates, the private equity division of the renowned Motilal Oswal Group, has strategically invested ₹600 crore in KARAM Safety Private Limited via its India Business Excellence Fund V. This significant financial maneuver involved both a primary investment in KARAM Safety and a secondary share acquisition from existing shareholders.
For this transaction, Motilal Oswal Alternates received legal counsel from Touchstone Partners, a law firm recognized for its expertise in private equity transactions. The advisory team was led by partners Anirudh Agarwala and Pranay Bagdi. They were supported by Pranjal Doshi in the role of counsel, alongside senior associate Kajal Advani. The associates assisting in the transaction included Aastha Vyas, Neelima Hande, Harshita Gupta, and Paras Tripathi.
KARAM Safety stands as a prominent entity in the field of occupational safety solutions, specializing in personal protective equipment. The injection of capital from Motilal Oswal Alternates is expected to bolster KARAM’s future acquisition endeavors and facilitate its expansion plans, enabling the company to enhance its market presence and product offerings.
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