Background: The global burden of health care is increasing with advent of new diseases. The scope of new medicines including phytomedicines is all time high. The herbals drugs as healers are well reported since ancient time and have traditional history of use. The medicinal herbs have enormous commercial potential globally especially due to popularity and alternatives for modern medicines. Objective: The main objective of this review is to highlight the importance of the plant V. tricolor Linn. and its usage globally. Conclusion: This review compiles details of phyto-constituents which have been isolated from the various parts of V. tricolor. Pharmacological activity of various extracts or fractions from the various parts of V. tricolor have been discussed. This will help researchers for the development of clinical and evidence-based studies on V. tricolor