Carlyle to invest $232 million in India's Edelweiss housing finance arm (updated)

Edelweiss Financial Services

10/02/2026 09:30

Adds details and background throughout

Feb 10 (Reuters) - U.S. private equity firm Carlyle CG.O will invest 21 billion rupees ($232 million) in the housing finance unit of India's Edelweiss Financial EDEL.NS, the Indian firm said on Tuesday.

The investment includes acquisition of a 45% stake and a primary equity capital infusion of 15 billion rupees in the Edelweiss unit, Nido Home Finance.

With this deal, Carlyle joins the likes of Blackstone BX.N  and Sumitomo Mitsui Financial Group 8316.T in betting on India's booming housing finance sector.

At the end of the deal, investment funds affiliated with Carlyle Asia Partners will hold about 73% of Nido, Edelweiss said.

Nido manages assets worth 48.04 billion rupees.

Last year, Carlyle sold its decade-old investments in PNB Housing Finance PNBH.NS and Yes Bank YESB.NS.

Shares of Edelweiss were up around 8% at 2:20 p.m. IST in Mumbai.

($1 = 90.5130 Indian rupees)

 (Reporting by Urvi Dugar in Bengaluru; Editing by Mrigank Dhaniwala)

 ((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))