Carlyle to acquire majority stake in Edelweiss’ Nido Home Finance
Under the transaction, investment funds affiliated with Carlyle Asia Partners will invest ₹2,100 crore (around $230 million) in Nido. This includes a secondary purchase of a 45% stake from Edelweiss and a primary equity infusion of ₹1,500 crore to fund future growth. Post-transaction, Edelweiss will continue to hold a significant minority stake in the business, it said.