New Delhi: RPSG Ventures, the strategic investment arm of the RP-Sanjiv Goenka Group, has signed definitive agreements to acquire a 40 per cent stake in FSP Design Private Limited, the company that owns luxury fashion label Falguni Shane Peacock (FSP), the company said in a press release on Wednesday.
The transaction involves a mix of primary investment and secondary share purchase from existing shareholders, including founders Falguni Shane Peacock and Shane Jude Peacock. RPSG Ventures will also retain an option to acquire an additional 10 per cent stake within 18–24 months of closing, giving it the ability to increase its holding to 50 per cent.
The deal marks RPSG Ventures’ entry into the luxury couture segment and aligns with its portfolio expansion plans in the fashion and lifestyle space. The funding will support FSP’s plans for market expansion, category additions and organisational strengthening.
“Falguni Shane Peacock reflects the emergence of a modern Indian luxury identity, rooted in heritage yet unapologetically global in its expression. Our partnership is driven by a clear belief: Indian craftsmanship and contemporary design deserve a global stage. FSP has the brand equity, the authenticity, and the creative depth and we are proud to support this next phase of its growth,” said Shashwat Goenka, Vice Chairman, RPSG Group.
FSP, founded by Falguni Peacock and Shane Peacock, has built a presence in the luxury couture segment and serves clients in India and overseas. The company reported revenues of Rs 91.75 crore in FY 2024–25, compared with Rs 76.50 crore in FY 2023–24 and Rs 68.50 crore in FY 2022–23, with sales through exclusive outlets, multi-brand stores and online platforms.
