Edelweiss Financial Services states that the Carlyle Group, a significant US private equity firm, will invest Rs.2,100 crore to gain a majority stake in Nido Home Finance, a fully owned subsidiary of the Edelweiss Group, via its affiliates CA Sardo Investments and Salisbury Investments Private Limited, which is an investment vehicle for former HDFC Bank CEO Aditya Puri and his family.

The official statement indicated that Carlyle and Salisbury will together own a stake of up to 73 percent in Nido Home Finance.

This investment signifies the initial major foreign direct investment in the financial services sector in 2026.

The investment of Rs.2,100 crore consists of obtaining a 45 per cent ownership in Nido from Edelweiss via a secondary buy and a primary equity injection of Rs.1,500 crore (around $165 million) into Nido.

The outstanding stake will be obtained by converting warrants, increasing the total ownership of Carlyle and Salisbury to 73 percent.

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The equity shares will be offered at Rs.193 each. The warrants will be granted at the identical price.

“The transaction seeks to create a win-win opportunity for all stakeholders by bringing additional capital and operational expertise to better serve the affordable housing segment, predominantly in the rural and semi-urban markets in India, a priority for the Indian government,” the company said in a statement.

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Rashesh Shah, Chairman and Managing Director, Edelweiss, said: “The investment by Carlyle in Nido is a key milestone and brings in a high-quality, long-term partner to accelerate Nido’s next phase of growth.”

“We are excited to build on our extensive experience in financial services and housing finance to help Nido scale its operations and serve the expanding needs of affordable housing segments in the rural and semi-urban markets,” says Sunil Kaul, Partner and Asia Financial Services Sector Lead, Carlyle.

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Founded in 2010, Nido offers home loan options to clients in the affordable housing and mass-market sectors. Nido runs an extensive branch network, catering to more than 800 talukas (sub-districts) in India, and presently oversees assets under management (AUM) totaling Rs.4,804 crore (around $530 million).