Khaitan & Co and Vimadalal & Co advised on the strategic partnership between RP-Sanjiv Goenka Ventures Limited (RPSG Ventures) and FSP Design Private Limited, the fashion house founded by celebrated designers Falguni and Shane Peacock.
As part of the transaction, the RP-Sanjiv Goenka Group acquired a 40% equity stake in FSP, valuing the business at an enterprise value of approximately INR 455.17 crore, marking a significant collaboration in India’s luxury fashion sector.
Khaitan & Co advised RPSG Ventures with a team comprising Ashraya Rao, Shourya Sengupta, Sneh Lata, Vaishanshi Bhardwaj and Vibhav Seth, with strategic inputs from Sudhir Bassi. The team was also assisted by Abhinav Rastogi (Employment law), Shailendra Bhandare and Sourav Dan (Intellectual Property) and Sanjay Sanghvi (Direct Tax).
Vimadalal & Co. Advised FSP Design Private Limited. The firm’s team included Sandeep Vimadalal, supported by Associates Isha Thakur and Anjali Ajmera.
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