Founded in 1947, The Nichani Group is a 65 year old South India based business house and business family with interests in various businesses including, film financing, information technology, modest equity holdings (in private and public companies), real estate holdings and real estate funding.
The group has financed over 250 movies to date, predominantly in southern India. Many movies that were financed by the Nichani family were awarded state awards and other national awards.
Additionally, the group recently sold one of its information technology companies, namely Exinom Technologies Inc., to NEC Solutions America. Exinom was founded in 1995 in New Jersey which served many multinational Fortune 500 companies at the time of sale.
The group also owns many modest real estate properties in southern India and is savvy in transacting real estate properties.
The Nichani family is also known for its philanthropy. A Charitable Trust was created in the 1960s by the group, which has made contributions towards building hospitals, schools, colleges, meditation centers and libraries.