Archive · 25 Sep 2026
Carlyle Completes Majority Stake Acquisition in Nido Home Finance
Carlyle, a large investment firm, has bought a majority share of Nido Home Finance.
Nido provides home loans to people buying affordable and mid-priced homes.
Carlyle is putting in more than ₹2,000 crore through new money and by buying shares from Edelweiss.
Nido has already received about ₹725 crore of the new money.
The remaining primary investment is expected within 18 months.
Nido’s net worth could nearly triple to around ₹2,300 crore.
Edelweiss will still own about 26% of Nido after the investment is completed.
The companies say the deal will help Nido lend more in rural, semi-urban and emerging markets.
Carlyle-affiliated funds invested more than ₹2,000 crore to acquire a strategic majority stake in Nido Home Finance.
The deal combines about ₹1,450 crore in primary capital with a ₹600 crore purchase of Edelweiss’s 45% stake.
Nido has received approximately ₹725 crore of the primary infusion, with the balance due within 18 months.
Nido’s net worth is expected to nearly triple to about ₹2,300 crore after the full capital infusion.
Edelweiss will retain roughly 26% of Nido on a fully diluted basis and use the transaction to monetize part of its stake and reduce debt.
- Who
- Carlyle-affiliated funds, Nido Home Finance and Edelweiss Financial Services are the principal parties; the investment is led by Sunil Kaul, with Aditya Puri participating through Salisbury Investments Pvt Ltd.
- What
- Carlyle completed the acquisition of a majority stake in Nido through more than ₹2,000 crore of primary capital and secondary share purchases.
- When
- The transaction was first announced in February 2026 and completed after regulatory and statutory approvals; it was reported on September 25, 2026.
- Where
- India’s affordable and mid-ticket housing finance market, including rural, semi-urban and emerging markets.
- Why
- The investment is intended to strengthen Nido’s balance sheet and lending capacity, support expansion and help serve underserved housing markets.
- Total investment
- More than ₹2,000 crore, or about $215 million
- Primary capital infusion
- Approximately ₹1,450 crore
- Primary capital received
- Approximately ₹725 crore
- Secondary purchase
- Carlyle bought Edelweiss’s 45% stake for approximately ₹600 crore
- Projected Nido net worth
- Approximately ₹2,300 crore after the full primary infusion
- Nido assets under management
- Approximately ₹4,900 crore as of June 30, 2026
- Edelweiss retained ownership
- Approximately 26% on a fully diluted basis after 18 months
