Home New Look 2015 India’s RPSG Ventures to acquire 40% stake in Falguni Shane Peacock

India’s RPSG Ventures to acquire 40% stake in Falguni Shane Peacock

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RPSG Ventures is entering the luxury couture market with a 40 per cent stake in FSP Design Private Limited, valued at ₹455.17 crore (~$51.39 million).
The investment, paid in cash, follows signed agreements and will be completed within 24 hours.
The firm may acquire an additional 10 per cent within 18–24 months.
The deal broadens RPSG’s luxury portfolio.RPSG Ventures is entering the luxury couture market with a 40 per cent stake in FSP Design Private Limited, valued at ₹455.17 crore (~$51.39 million).
The investment, paid in cash, follows signed agreements and will be completed within 24 hours.
The firm may acquire an additional 10 per cent within 18–24 months.
The deal broadens RPSG’s luxury portfolio.