Carlyle to invest ₹2,100 cr in Edelweiss housing finance arm for 45% stake | Company News
Edelweiss Financial Services said on Tuesday that it will acquire majority stake in private equity firm Carlyle’s housing finance subsidiary Nido Home Finance with an investment of Rs 2,100 crore.
The company said funds affiliated with Carlyle Asia Partners will invest Rs 2,100 crore, which includes acquisition of 45 per cent stake in Nido from Edelweiss through a secondary acquisition and primary capital transfer of Rs 1,500 crore to Nido.
Founded in 2010, Nido Home Finance provides home loans in the affordable and mass market housing segments. The company’s assets under management as of December 2025 stood at ₹ 4,804 crore, up 21 per cent year-on-year.
“Carlyyle’s investment in Nido is a significant milestone and brings a high-quality, long-term partner to accelerate Nido’s next phase of growth. At a time when India’s housing finance sector is witnessing strong structural demand, supported by increasing affordability and deeper access to formal credit, Nido is well positioned to participate in this opportunity in a meaningful way,” said Rashesh Shah, chairman and managing director of Edelweiss.
Additionally, Sunil Kaul, partner at Carlyle and Asia Financial Services Sector leader, said: “Housing remains a critical national priority for India and we have a strong belief in the growth potential of the housing finance sector. We are excited to leverage our extensive experience in financial services and housing finance to help Nido scale its operations and serve the growing needs of affordable housing segments in rural and semi-urban markets.”
However, the deal is subject to approvals from the Reserve Bank of India, the National Housing Bank and the Competition Commission of India.
The investment comes after Carlyle Group sold its entire 10.44 percent stake in PNB Housing Finance last year.
Edelweiss Financial 3Q26 result
Edelweiss Financial Services also announced its results for the third quarter of financial year 2025-26 (Q3FY26) on Tuesday, reporting a 112 per cent rise in consolidated net profit to ₹264 crore. In the same period last year, net profit stood at ₹124.37 crore.
The company’s revenue from operations in the quarter rose 132.1 per cent to ₹4,404.43 crore from ₹1,897.67 crore in 3QFY25.
The company’s housing finance segment reported loan disbursements of ₹559 crore in the quarter; This indicates an annual increase of 36 percent. He added that the segment’s asset quality remained stable, with gross non-performing assets (GNPA) at 2.53 percent and net non-performing assets (NNPA) at 2.09 percent. It was stated that the collection efficiency was at 98.2 percent.
