{"id":87421,"date":"2026-02-11T00:00:00","date_gmt":"2026-02-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/11\/bertelsmann-buys-controlling-stake-in-indias-lets-transport\/"},"modified":"2026-02-11T00:00:00","modified_gmt":"2026-02-11T00:00:00","slug":"bertelsmann-buys-controlling-stake-in-indias-lets-transport","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/mena-india\/2026\/02\/11\/bertelsmann-buys-controlling-stake-in-indias-lets-transport\/","title":{"rendered":"Bertelsmann buys controlling stake in India\u2019s Lets Transport"},"content":{"rendered":"

Germany<\/strong>-based media and services group <\/strong>Bertelsmann<\/a><\/strong> has acquired an 80% majority stake in India-based logistics technology platform <\/strong>Lets Transport<\/a><\/strong>, Reuters<\/a> reports, citing the company\u2019s CEO Carsten Coesfeld. <\/p>\n

Gulf transactions flow: <\/strong>While Gulf investors accounted for the majority of MENA\u2019s cross-border<\/a><\/a> acquisitions in 2025, especially in the technology and logistics sectors, their M&A activity in India\u2019s logistics sector has remained muted, with major firms such DP World focusing on greenfield investments. <\/p>\n

What\u2019s next: <\/strong>Bertelsmann is considering further acquisitions across Lets Transport\u2019s supply chain, including warehouse assets, as it builds out its logistics platform.<\/p>\n

\n

Carlyle to buy 45% stake in Edelweiss housing finance arm<\/p>\n

US<\/strong>-based private equity firm <\/strong>Carlyle<\/a><\/strong> will acquire a 45% stake in <\/strong>Nido Home Finance<\/a><\/strong>, the housing finance arm of India-based financial services group Edelweiss Financial Services<\/strong>, through an INR 21 bn (USD 232 mn) investment, Reuters<\/a> reports. The transaction signals growing investment windows for Gulf investors in India\u2019s financial services sector. <\/p>\n

Following the transaction, funds affiliated with Carlyle Asia Partners will hold about 73% of Nido<\/strong>, 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\u2019s housing finance sector. <\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"

Bertelsmann looks to build a broader logistics platform in 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