About Nido Home Finance
Nido Home Finance is a Financial Services company based in Mumbai (India) founded in 2008, and was acquired by The Carlyle Group in February 2026. Functions as a commercial bank offering deposits, loans, and payment services. It operates on a B2C model. The company has 693 employees. Its Indian entity Nido Home Finance Limited reported revenue of ₹466 Cr. Its focus areas include Banking, Retail Banking and Loan and Payment Services. Its competitors include Axis Bank, Bandhan Bank and HDFC Bank; 1 of its 3 listed competitors has raised funding.
Company details
Nido Home Finance operates with a B2C model, focusing on offering financial products and advice, banking, retail banking, and loan and payment services. Functions as a commercial bank offering deposits, loans, and payment services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Mumbai, India
- Employees 693
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website nidohomefin.com
- Acquired by The Carlyle Group (Feb 2026)
- Legal Name Nido Home Finance Limited
- Date of Incorporation 30 May, 2008
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹466 Cr
FY 2024 · +5% YoY
- Net Profit₹19.30 Cr
FY 2024 · 4% margin
- EBITDA₹333 Cr
FY 2024 · 72% margin
- Investors
- Employee Count693
- Acquired byThe Carlyle Group
(Feb 2026)
Associated legal entities of Nido Home Finance
Nido Home Finance operates through Nido Home Finance Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nido Home Finance Limited CIN U65922MH2008PLC182906 | Active | 30 May 2008 | Mumbai, Maharashtra | ₹466 Cr | 693 | 8 | View details |
Investors in Nido Home Finance
Nido Home Finance has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Carlyle Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com |
Investor details for Nido Home Finance
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Board of directors of Nido Home Finance Limited (Nido Home Finance)
Nido Home Finance Limited is the primary company behind Nido Home Finance. The board of Nido Home Finance Limited currently have 6 directors; the longest-serving is Sunil Nawal Phatarphekar, appointed in 2020. 41 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunil Nawal Phatarphekar DIN 00005164 | Director | 13 Apr 2020 | 6 yrs 6 mo | Nido Home Finance Limited |
| Rajat Ravi Avasthi DIN 07969623 | Managing Director | 23 Sep 2020 | 6 yrs 1 mo | Nido Home Finance Limited |
| Gautam Chatterjee DIN 02464197 | Director | 16 Sep 2021 | 5 yrs 1 mo | Nido Home Finance Limited |
| Vinod Anand Juneja DIN 00044311 | Director | 22 Oct 2024 | 2 yrs | Nido Home Finance Limited |
| Ankit Aditya DIN 07792371 | Director | 27 Jun 2025 | 1 yr 4 mo | Nido Home Finance Limited |
| Priyadeep Chopra DIN 00079353 | Director | 27 Jun 2025 | 1 yr 4 mo | Nido Home Finance Limited |
Financials of Nido Home Finance
Figures of Nido Home Finance Limited, the primary company behind Nido Home Finance, for FY 2024. Revenue was ₹466 Cr (+5% year on year). Net profit was ₹19.30 Cr (4% margin). EBITDA was ₹333 Cr (72% margin). Revenue has grown at a compounded annual rate of -5% over three years and -7% over five years.
- ₹466 CrRevenue · FY 2024 · +5% YoY
- ₹19.30 CrNet profit · 4% margin
- ₹333 CrEBITDA · 72% margin
- ₹69.35 CrPaid-up capital
- 693Employees (provident fund records)
- -5%Revenue CAGR, 3 years
- -7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nido Home Finance Limited are on its company page.
Detailed financial statements for Nido Home Finance
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Timeline of Nido Home Finance
2 dated milestones of Nido Home Finance across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Nido Home Finance is founded.
- Exit Acquired by The Carlyle Group.
Competitors of Nido Home Finance
Nido Home Finance has 3 listed competitors in our database, 1 of them funded. They include Axis Bank, Bandhan Bank and HDFC Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| axisbank.com | 1993 | Mumbai, India | 101,331 | Provider of a commercial banking services | ||
| bandhanbank.com | 2014 | Kolkata, India | $259.27M | 158,632 | Personal and business banking services are offered to underbanked markets. | |
| hdfcbank.com | 1994 | Mumbai, India | 213,527 | Commercial and personal banking services are offered by HDFC Bank. |
Detailed competitors of Nido Home Finance
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Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Nido Home Finance (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 203.79 M | 1,630 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 36,520 |
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Related news about Nido Home Finance
Complete news archive for Nido Home Finance
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Frequently Asked Questions about Nido Home Finance
Nido Home Finance was founded in 2008.
Nido Home Finance is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Nido Home Finance has 693 employees.
The primary company behind Nido Home Finance, Nido Home Finance Limited, reported revenue of ₹466 Cr for FY 2024, up 5% year on year.
Nido Home Finance operates with a B2C model, focusing on offering financial products and advice, banking, retail banking, and loan and payment services. Functions as a commercial bank offering deposits, loans, and payment services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Nido Home Finance's top competitors include Axis Bank, Bandhan Bank and HDFC Bank.
Nido Home Finance has 1 investor. Key investors include The Carlyle Group.
Nido Home Finance operates through Nido Home Finance Limited.
Yes. Nido Home Finance was acquired by The Carlyle Group in February 2026.
The legal entities of Nido Home Finance currently have 7 directors, including Ankit Aditya, Sunil Nawal Phatarphekar, Vinod Anand Juneja and others.