RPSG Ventures Acquires 40% Stake in Falguni Shane Peacock's FSP Design for ₹455 Crore

Overview

RPSG Ventures, the strategic investment arm of RP-Sanjiv Goenka Group, has agreed to acquire a 40% stake in FSP Design Private Ltd, the company behind the luxury fashion label Falguni Shane Peacock. The deal is valued at an enterprise worth of ₹455.17 crore and includes an option for RPSG Ventures to increase its stake to 50% within 18-24 months. This move signifies RPSG Ventures' entry into the luxury couture market.