RPSG Ventures, the strategic investment arm of the RP–Sanjiv Goenka Group, has signed definitive agreements to acquire a 40% stake in FSP Design, the company behind luxury couture house Falguni Shane Peacock (FSP). The stake will be purchased through a mix of primary infusion and secondary transactions from existing shareholders, including founders Falguni Shane Peacock and Shane Jude Peacock.
As part of the agreement, RPSG Ventures will also retain the right to acquire an additional 10% stake within 18–24 months of closing the initial deal, potentially increasing its total shareholding to 50%. The investment marks RPSG Ventures’ formal entry into the luxury fashion segment and is expected to accelerate FSP’s growth across global markets, strengthen its category expansion plans, and enhance operational scale.
Shashwat Goenka, vice chairman, RPSG Group, said the partnership reflects the rise of a modern Indian luxury aesthetic-one rooted in heritage yet global in appeal. “Indian craftsmanship and contemporary design deserve a prominent place on the world stage. FSP has the equity, authenticity, and creative strength to lead that movement,” he noted.
Shivika Goenka, director – luxury & education, RPSG Group, who will oversee the Group’s luxury portfolio, added that supporting Indian designers is integral to building a robust luxury ecosystem. “Falguni Shane Peacock embodies creative ambition and meticulous craftsmanship. This collaboration reinforces our commitment to shaping India’s global luxury presence,” she said.
Co-founder and creative director Falguni Peacock called the partnership a pivotal milestone, adding that RPSG’s backing will help the brand scale internationally while preserving its artisanal foundation.
