- Business
- RPSG Ventures Limited operates a diversified portfolio of businesses spanning information technology services, business process management, fast-moving consumer goods including ayurvedic formulations, real estate, sports, entertainment, and restaurants, primarily through its subsidiaries; it provides IT consultancy, projects and development, support services such as electricity billing and online consumer services, smart building solutions, application development and management, setup operation and maintenance of IT infrastructure, data centre and disaster recovery solutions, and cyber security solutions and management, mainly to power sector group companies on a standalone basis. Key subsidiaries include Firstsource Solutions for business process management, Guiltfree Industries for FMCG brands like Too Yumm, Quest Properties India for upscale real estate such as Quest Mall, RPSG Sports Ventures for sports franchises including Lucknow Super Giants and Mohun Bagan Super Giant, and others focused on ayurvedic products and entertainment. The company, founded in 2017 and headquartered in Kolkata, India, targets customers in power generation and distribution, consumer markets, luxury retail, and sports sectors across India with some international expansion ambitions.
In recent developments, RPSG Ventures approves the acquisition of a 40% stake in FSP Design Private Limited, parent of the luxury fashion brand Falguni Shane Peacock, for an enterprise value of Rs 455.17 crore through primary investment and secondary share purchases, completed in November 2025, with an option to acquire an additional 10% stake within 18-24 months to reach 50% ownership; this marks its entry into the luxury couture segment alongside existing properties like Quest Mall. The RPSG Group, of which it forms part, announces entry into solar cell and module manufacturing targeting 3 GW capacity each over three years, with the first 1 GW module line commencing operations by late 2025, supported by Rs 1 lakh crore capital expenditure in renewables including 3.2 GW under implementation and 4 GW nearing closure. Previously known as CESC Ventures Limited until its name change in January 2021, the company reports consolidated total income of Rs 9,645 crore and profit after tax of Rs 164.4 crore for fiscal 2024-25.