Carlyle To Buy Majority Stake In Nido Home Finance

16 Feb 2026 CW Team

Nido Home Finance, established in 2010, focuses on home loans for the affordable and mass-market housing segments and reported assets under management of Rs 48.04 bn as of December 2025, a 21 per cent year-on-year increase. The company is positioned to capitalise on structural demand in India's housing sector as affordability improves and formal credit access deepens. Carlyle's investment is intended to support the company's next phase of growth and to scale operations in underserved markets.

Edelweiss's chair and managing director described the transaction as a milestone that brings a long-term partner to accelerate growth, while Carlyle's Asia financial services lead expressed conviction in the sector and intent to leverage experience to scale operations. The statement from the parties indicated a focus on serving affordable housing needs in rural and semi-urban areas. Aditya Puri, senior advisor to Carlyle in Asia, is participating as an investor.

The investment follows Carlyle's sale of a 10.44 per cent stake in PNB Housing Finance last year. Edelweiss reported consolidated net profit growth of 112 per cent in the third quarter of the financial year 2025-26 to Rs 2.64 bn from Rs 1.24 bn a year earlier, and revenue from operations rose 132.1 per cent to Rs 44.04 bn from Rs 18.98 bn. The housing finance segment reported loan disbursements of Rs 5.59 bn for the quarter, up 36 per cent year-on-year, with GNPA at 2.53 per cent, NNPA at 2.09 per cent and collection efficiency at 98.2 per cent.

Private equity firm Carlyle will acquire a majority stake in Nido Home Finance, the housing finance arm of Edelweiss Financial Services, through an investment of Rs 21 billion (bn). Funds affiliated with Carlyle Asia Partners will buy a 45 per cent stake from Edelweiss via a secondary sale and make a primary equity infusion of Rs 15 bn into Nido. The deal remains subject to approvals from the Reserve Bank of India, the National Housing Bank and the Competition Commission of India. Nido Home Finance, established in 2010, focuses on home loans for the affordable and mass-market housing segments and reported assets under management of Rs 48.04 bn as of December 2025, a 21 per cent year-on-year increase. The company is positioned to capitalise on structural demand in India's housing sector as affordability improves and formal credit access deepens. Carlyle's investment is intended to support the company's next phase of growth and to scale operations in underserved markets. Edelweiss's chair and managing director described the transaction as a milestone that brings a long-term partner to accelerate growth, while Carlyle's Asia financial services lead expressed conviction in the sector and intent to leverage experience to scale operations. The statement from the parties indicated a focus on serving affordable housing needs in rural and semi-urban areas. Aditya Puri, senior advisor to Carlyle in Asia, is participating as an investor. The investment follows Carlyle's sale of a 10.44 per cent stake in PNB Housing Finance last year. Edelweiss reported consolidated net profit growth of 112 per cent in the third quarter of the financial year 2025-26 to Rs 2.64 bn from Rs 1.24 bn a year earlier, and revenue from operations rose 132.1 per cent to Rs 44.04 bn from Rs 18.98 bn. The housing finance segment reported loan disbursements of Rs 5.59 bn for the quarter, up 36 per cent year-on-year, with GNPA at 2.53 per cent, NNPA at 2.09 per cent and collection efficiency at 98.2 per cent.

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