Carlyle to take control of Nido Home Finance

Edelweiss Financial Services announced that The Carlyle Group will become the strategic majority investor in its housing finance subsidiary, Nido Home Finance. Carlyle-affiliated funds are committing Rs 2,100 crore, including a Rs 1,500 crore primary …

Edelweiss Financial Services announced that The Carlyle Group will become the strategic majority investor in its housing finance subsidiary, Nido Home Finance. Carlyle-affiliated funds are committing Rs 2,100 crore, including a Rs 1,500 crore primary equity infusion, to strengthen Nido’s capital and governance for affordable housing expansion.

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