RPSG Ventures Buys 40% of FSP Design

RPSG Ventures has announced the acquisition of a 40% stake in FSP Design, the label behind the popular couture brand Falguni Shane Peacock, at an enterprise value of ₹455.17 crore.

FSP Design creates and sells premium apparel and accessories through exclusive stores, multi-brand outlets and online platforms in India and overseas. 

Why it matters: the group already has a presence across FMCG, sports, media and retail, and adding a premium fashion label helps round out its portfolio.

The bigger driver behind the move: India’s luxury market is expanding quickly as young, aspirational consumers spend more on premium products. 

Homegrown couture labels are seeing higher demand and better margins, making the space attractive for large business groups looking for new growth engines.