VVF - About the company
VVF is a series B company based in Mumbai (India), founded in 2010 by Rustom Joshi, Faraz Godrej Joshi, Godrej Pallonji Joshi and Neville R Joshi. It operates as a Manufactures consumer goods and processed food products. VVF has raised $40.6M in funding from Reliance Capital and EP-Asia, with a current valuation of $*****. The company has 89 active competitors, including 2 funded and 8 that have exited. Its top competitors include companies like JHS Svendgaard Laboratories, Cupid and HFL.
Company Details
VVF has 3 main business verticals: Contract Manufacturing, Oleochemicals and Consumer Products. VVF has over 15 operating centres spread across 4 continents, Asia, North America, Europe and Africa. Largest contract manufacturers of bar soaps in the world. VVF manufactures brands of personal care and OTC products for global players like Johnson & Johnson, Henkel, Reckitt Benckiser. Own range of consumer products like, DOY, DOY Care, JO, Bactershield and JO Perfect hair dye.
- Website
- vvfltd.com
- Social
- Email ID
- *****@vvfltd.com
- Phone Number
- +91 **********
- Registered Address
- 109, SION (EAST), MUMBAI, Maharashtra, India, 400022
Key Metrics
Founded Year
2010
Location
Mumbai, India
Stage
Series B
Total Funding
$40.6M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 28, 2014
Investors
Ranked
4th among 89 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
855 as on Jan 31, 2025
Similar Companies
Legal entities associated with VVF
VVF is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
V V F PRIVATE LIMITED CIN: U15140MH1939PTC002994 , India, Active | Sep 14, 1939 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 295 (As on Apr 30, 2025) | |
VVF (INDIA) LIMITED CIN: U24296MH2010PLC210239 , India, Active | Nov 22, 2010 | ₹1,000+ Cr (As on Mar 31, 2025) | 565 (As on Jan 31, 2025) |
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VVF's funding and investors
VVF has raised a total funding of $40.6M over 2 rounds. Its first funding round was on Oct 18, 2011. Its latest funding round was a Series B round on Apr 28, 2014 for $*****. 1 investor participated in its latest round. VVF has 4 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of VVF:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 28, 2014 | 8472086 | Series B | 8090239 | 9790005 | 2110915 | 3115773 |
Oct 18, 2011 | 6816827 | Series B | 7059569 | 4788982 | 4255043 |
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VVF's founders and board of directors
Founder? Claim ProfileThe founders of VVF are Rustom Joshi, Faraz Godrej Joshi, Godrej Pallonji Joshi and Neville R Joshi. Ramadesikan Srinivasan is the CEO of VVF.
Here are the details of VVF's key team members:
- Rustom Joshi: Co-Founder of VVF. They serve on the board of 1 company.Contact Info: 1 email address
- Faraz Godrej Joshi: Co-Founder of VVF. They serve on the board of 1 company.Contact Info: 1 email address
- Godrej Pallonji Joshi: Founder of VVF and founder of 1 other company. Contact Info: 1 email address
- Neville R Joshi: Co-Founder of VVF. Contact Info: 1 email address
- Ramadesikan Srinivasan: CEO of VVF. They are also an angel investor in 1 startup.Contact Info: 1 email address
VVF's Board of Directors
VVF's board has 6 active members. Rustom Joshi, Faraz Godrej Joshi, Shanaz Arunak Diwan, Rashmin Joshi and Sheila Diwan are part of team and Carlyle Saldanha is independent board member.Here is the list of VVF's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 15y 7m | |
Team | - | Current | 15y 6m | |
fhk{nln | Team | - | Past | 8y 3m |
qyxg{ch | Team | - | Past | 3y 2m |
r{iskza | Team | - | Current | 8y 4m |
yedqsrw | Team | - | Past | 1y 4m |
nyodwl{ | Team | - | Past | 8y 2m |
uhzprzf | Investor | {hqmxyn | Past | 5y 6m |
Independent board member | - | Current | 11y 3m | |
uhxhvpz | Independent board member | - | Past | 5y 1m |
View details of VVF's Founder profiles and Board Members
VVF's employee count trend
VVF has 855 employees as of Jan 25. The total employee count is the same as what it was in Jan 24. Here is VVF's employee count trend over the years:
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VVF's Competitors and alternates
Top competitors of VVF include JHS Svendgaard Laboratories, Cupid and HFL. Here is the list of Top 10 competitors of VVF, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | JHS Svendgaard Laboratories 1997, Delhi (India), Public | Manufacturer of oral care and FMCG products offering contract manufacturing | - | 59/100 | |
2nd | Contract manufacturer of male & female condoms | - | 53/100 | ||
3rd | Manufacturer of convenience foods and personal care products | - | 53/100 | ||
4th | Manufactures consumer goods and processed food products | $40.6M | 51/100 | ||
5th | Offering multiple category smoking products | $889K | 49/100 | ||
6th | Pontika Aerotech 2017, Paonta Sahib (India), Late Stage | Contract manufacturer of formulations | - | 49/100 | |
7th |  GEM Aromatics 1915, Mumbai (India), Public | Contract based manufacturer of flavor and fragrance | - | - | 48/100 |
8th | Contract manufacturer of sunflower oil | - | - | 41/100 | |
9th | Galaxy Surfactants 1980, Mumbai (India), Public | Manufacturer of surfactants and specialty care ingredients for the home and personal care industry | - | - | 41/100 |
10th | Contract based manufacturer of gloves and bags | - | - | 39/100 |
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VVF's Latest cap tables and shareholding
Founders (largest shareholder) own 69.40%, Funds own 15.50%, Enterprises own 9.10% and Other People own 4.70%. The net worth of VVF's founders is INR 611Cr as of Apr 28, 2014.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 69.40% | 611Cr | 8089695 | 6852849 | 7463362 | 8483687 |
9895372 | 9241236 | 4836646 | 6372971 | 2327364 | 3226140 | |
4081299 | 4167250 | 9105034 | 9965978 | 2769820 | 8723178 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Fund | 15.50% | 136Cr | 9268363 | 8797585 | 5205155 | 4751596 |
5510306 | 3673106 | 2471153 | 5800591 | 7625360 | 6297500 | |
Enterprise | 9.10% | 79.7Cr | 3931118 | 1902070 | 4080138 | 9239442 |
Other People | 4.70% | 41.5Cr | 3132 | 5618 | 1916 | 9170 |
Total | 98.70% | 868Cr | 1544249 | 7713646 | 4944249 | 6989131 |
To unlock detailed Cap Table of VVF Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of VVF's Shareholding
VVF's Investments and acquisitions
VVF has made no investments or acquisitions yet.
Reports related to VVF
Here is the latest report on VVF's sector:
News related to VVF
•
•
Wipro Consumer Care & Lighting acquires three more personal wash brandsNew Indian Express•Dec 05, 2023•Wipro, VVF, Wipro Consumer Care, DOY
•
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