RPSG Ventures Limited, along with its subsidiaries, the Company operates a diversified portfolio of businesses including information technology (IT) services, business process management (BPM), fast moving consumer goods (FMCG) including, ayurvedic formulations, real estate and sports.

As a standalone entity, RPSG Ventures Limited's core business consists of information technology (IT) services, being provided to certain Group companies operating in the power sector. All other businesses are carried out through various subsidiary companies. Its key operating subsidiaries include:

• Firstsource Solutions Limited which, along with its subsidiaries, is a leading provider of customised business process management (BPM) services in the US, the UK, India, Mexico and the Philippines.
• Guiltfree Industries Limited which, along with its step-down subsidiary Apricot Foods Private Limited, operates in the Indian FMCG sector under the brands 'Too Yumm', 'Naturali' and 'Evita'.
• Herbolab India Private Limited, which markets ayurvedic formulations focusing on health and wellness under the brand 'Dr Vaidya's'.
• Quest Properties India Limited, which operates in the real estate sector. It manages Kolkata's first luxury shopping mall 'Quest' and is developing a residential project in Haldia, West Bengal.
• APA Services Limited, which through its subsidiaries, operates and manages the iconic football club ATK Mohun Bagan.
• RPSG Sports Private Limited and RPSG Sports South Africa PTY Limited own and operate the 'Lucknow Super Giants' franchise of the Indian Premier League and the 'Durban Super Giants' franchise of the South Africa T20 League respectively.
• RPSG Ventures also leverages emerging opportunities in India through incubation of new businesses and investments in venture capital funds.