Germany-based media and services group Bertelsmann has acquired an 80% majority stake in India-based logistics technology platform Lets Transport, Reuters reports, citing the company’s CEO Carsten Coesfeld.

Gulf transactions flow: While Gulf investors accounted for the majority of MENA’s cross-border acquisitions in 2025, especially in the technology and logistics sectors, their M&A activity in India’s logistics sector has remained muted, with major firms such DP World focusing on greenfield investments.

What’s next: Bertelsmann is considering further acquisitions across Lets Transport’s supply chain, including warehouse assets, as it builds out its logistics platform.

Carlyle to buy 45% stake in Edelweiss housing finance arm

US-based private equity firm Carlyle will acquire a 45% stake in Nido Home Finance, the housing finance arm of India-based financial services group Edelweiss Financial Services, through an INR 21 bn (USD 232 mn) investment, Reuters reports. The transaction signals growing investment windows for Gulf investors in India’s financial services sector.

Following the transaction, funds affiliated with Carlyle Asia Partners will hold about 73% of Nido, which manages assets worth INR 48.04 bn. The transaction places Carlyle alongside global investors such as Blackstone and Sumitomo Mitsui Financial Group, which have been expanding their exposure to India’s housing finance sector.

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