V3 Group Valuation, Funding & Investors

V3 Group is valued at $1.2B as of December 2018.

Last V3 Group valuation

$1.2B

Undisclosed stage · Dec 2018

Last V3 Group funding round

$92M

Undisclosed stage · Dec 2018

Cumulative funding V3 Group raised

$92M

across 1 funding round

Key investors in V3 Group

V3 Group Overview

About V3 Group

V3 Group is a Singapore-headquartered luxury group operating in lifestyle and wellness sectors across over 100 cities in 26 countries. Its portfolio encompasses the OSIM massage products launched in 1980, TWG Tea as a premium tea brand, and ONI Global, Asia's largest nutritional supplements retailer holding exclusive GNC franchise rights in Singapore, Malaysia, and Taiwan. Additional brands include LAC blending eastern herbs with western processing and Xndo for formulated health foods, complemented by Futuristic Store Fixtures serving global retail brands.


Founded

1980

HQ

SingaporeSingapore

Status

Privately held

Customer focus

B2C

Revenue model

Product sales

Valuation

$1.2B (Dec 2018)

V3 Group Valuation

V3 Group is currently valued at $1.2B, based on its undisclosed-stage round in December 2018. Read the announcement ↗

The $92M round was led by KKR.

V3 Group valuation by funding round

V3 Group valuation by funding round
DateStageValuation
Dec 2018Undisclosed stage$1.2B

V3 Group Funding History

V3 Group has raised a total of $92M across 1 funding round.

V3 Group funding rounds

V3 Group funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Dec 2018Undisclosed stageKKR (lead)$92M$1.2BKKR announced a significant investment in V3 Group on December 4, 2018, at an enterprise value of approximately SGD1.7 billion. The announcement described an investment of up to SGD500 million through KKR Asian Fund III, supporting the Asian consumer group behind OSIM, TWG Tea and other businesses. The subsequent listing prospectus distinguishes SGD125 million paid for newly subscribed shares from a separate SGD125 million purchase of existing shares under agreements signed on November 30, 2018. Those initial payments were settled on January 11, 2019, and the company used its subscription proceeds to repay bank loans. An additional SGD250 million option was subsequently exercised in January 2022 through a net share transfer without a further cash payment. Accordingly, the capital raised field records only the SGD125 million primary subscription, while the valuation field records the explicitly announced whole enterprise value. Founder Ron Sim continued to lead the business, with KKR supporting international growth and operational development.

Who has invested in V3 Group?

1 investor has backed V3 Group across its funding rounds, including KKR.

Lead investors include KKR.


V3 Group Investors

Investors in V3 Group by funding rounds participated
InvestorHQRoundsRoleFirst check

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V3 Group Competitors

V3 Group competitors include listed companies like DR Corp, Gens Aurea and Salvatore Ferragamo, and private ones like Kota Gold, Chrono24 and Yuyuan Jewelry & Fashion Group.

Public and private companies comparable to V3 Group
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
DR CorpChinaChinaPublicly listed$229M$53M$1.3B3.0x
Kota GoldIndiaThrissurPrivate--$1.2B-
Gens AureaItalyItalyPublicly listed$936M$116M$1.3B-
Chrono24GermanyKarlsruhePrivate$215M-$1.2B5.4x
Salvatore FerragamoItalyItalyPublicly listed$1.1B$120M$1.2B1.5x
Yuyuan Jewelry & Fashion GroupChinaShanghaiPrivate--$1.4B-
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
DR Corp$229M$53M2.9x3.0x12.7x15.4x
Gens Aurea$936M$116M1.3x-10.6x-
Salvatore Ferragamo$1.1B$120M1.5x1.5x13.6x8.0x
Bluestone Jewellery$257M$41M4.9x4.0x30.4x31.7x
Guangdong CHJ Industry$1.4B$114M0.7x0.6x8.3x5.6x
Thangamayil Jewellery$895M$59M1.7x1.4x26.0x22.8x
Beijing Caishikou$4.3B$249M0.2x0.2x3.9x4.6x
Augmont Enterprises$9.9B$49M0.1x-19.4x-

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Common questions about V3 Group

When was V3 Group founded?V3 Group was founded in 1980.
Where is V3 Group headquartered?V3 Group is headquartered in Singapore, Singapore.
Is V3 Group publicly listed?No, V3 Group is a private, VC-backed company.
What is V3 Group's valuation?V3 Group was last valued at $1.2B in its undisclosed-stage round in December 2018.
How much funding has V3 Group raised?V3 Group has raised $92M across 1 funding round.
What was V3 Group's last funding round?V3 Group's last funding round was a $92M undisclosed-stage round in December 2018, led by KKR.
Who are V3 Group's investors?V3 Group's investors include KKR.
Which companies are comparable to V3 Group?Companies comparable to V3 Group include DR Corp, Kota Gold, Gens Aurea, Chrono24, Salvatore Ferragamo and Yuyuan Jewelry & Fashion Group.

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