Vicky Jain is a name that has become synonymous with business success, reality television drama, and a high-profile marriage to actress Ankita Lokhande.
But in 2026, he added another chapter to his storylaunching his own production house, VJ Frames, and announcing a major action franchise starring Tiger Shroff .
From managing a coal empire in Chhattisgarh to becoming one of the richest contestants on Bigg Boss, and now a Bollywood producer, Vicky Jain’s journey is one of ambition and reinvention.
Here is everything you need to know about the businessman who became a household name.
Quick Facts About Vicky Jain
| Fact | Information |
|---|---|
| Full Name | Vikas Jain (Vicky Jain) |
| Date of Birth | August 1, 1986 |
| Age | 40 years (as of 2026) |
| Birthplace | Raipur, Chhattisgarh |
| Hometown | Bilaspur, Chhattisgarh |
| Profession | Businessman, Managing Director, Television Personality, Film Producer |
| Education | Economics degree (Savitribai Phule Pune University); MBA (Jamnalal Bajaj Institute of Management Studies) |
| Business | Mahavir Coal Washeries Private Limited / Mahavir Inspire Group |
| Spouse | Ankita Lokhande (married December 14, 2021) |
| Known For | Bigg Boss 17, Laughter Chefs, Businessman, Film Producer |
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Who Is Vicky Jain? Early Life and Background
Vicky Jain was born Vikas Jain on August 1, 1986, in Raipur, Chhattisgarh, into a prominent business family . He grew up in Bilaspur, where his family’s coal business had deep roots.
His parents, Vinod Kumar Jain and Ranjana Jain, built a successful enterprise that would later become the foundation of the family’s wealth .
Education
Jain’s academic journey prepared him for business leadership. He earned an Economics degree from Savitribai Phule Pune University before completing an MBA from the prestigious Jamnalal Bajaj Institute of Management Studies (JBIMS) .
This combination of academic training and family business exposure equipped him to take on leadership responsibilities from an early age.
Vicky Jain’s Business Career
Managing Director and Business Empire
After completing his MBA, Vicky Jain joined the family business, quickly rising to become Managing Director of Mahavir Coal Washeries Private Limited .
Today, he oversees Mahavir Industries, a diversified conglomerate known as the Mahavir Inspire Group, which is a family-run enterprise with a wide portfolio spanning multiple sectors .
The business interests include:
- Coal trading and washery operations
- Logistics
- Power generation
- Real estate development (Mahavir Builders and Promoters)
- Diamonds
Beyond the coal empire, Vicky is also the co-owner of the Mumbai Tigers, a Box Cricket League (BCL) team, showcasing his interests in sports and entertainment .
Recent Business Developments
In December 2025, businesses linked to Vicky Jain’s family including Mahavir Coal Washery, Feel Coal, and Paras Coal & Beneficiation came under the scanner of the Chhattisgarh State GST department.
Extensive searches were conducted at 11 locations in Bilaspur, and a total of ₹27.5 crore was deposited towards tax liabilities during the investigation.
Officials clarified that the action was part of a routine enforcement process, and further scrutiny of documents and financial records is underway .
Vicky Jain on Television and Entertainment
Bigg Boss 17
Vicky Jain and Ankita Lokhande entered the Bigg Boss 17 house together in 2023, marking his most prominent television appearance . Known for his strategic gameplay, Jain earned the label of the season’s “mastermind.”
The couple’s relationship was put to the test during the show’s intense environment, with their frequent fights becoming one of the most talked-about aspects of the season . However, the couple came out stronger.
Laughter Chefs Unlimited Entertainment
Following Bigg Boss, the couple appeared together on multiple seasons of Laughter Chefs Unlimited Entertainment, a cooking-based comedy reality show hosted by comedian Bharti Singh and judged by celebrity chef Harpal Singh Sokhi .
The show aired in 2024 and 2025, and their on-screen chemistry continued to entertain audiences.
Smart Jodi
In 2022, Ankita and Vicky won the couple-based reality show Smart Jodi and took home ₹25 lakh as prize money .
Other Appearances
Vicky Jain made his acting debut in Fauji 2, the remake of Shah Rukh Khan’s iconic debut serial, alongside Gauhar Khan .
He also entered the music video industry, appearing in Laa Pila de sharab, released on T-Series’ YouTube channel .
Vicky Jain Net Worth and Income Sources
Reported Net Worth
Vicky Jain’s personal net worth is estimated at approximately ₹130 crore, according to multiple reports . The family’s coal business is valued at around ₹100 crore .
It is important to note that all net worth figures are media estimates no independently verified financial statement is publicly available.
Income Sources and Businesses
Jain generates income through:
- His role as Managing Director of Mahavir Coal Washeries Private Limited
- The diversified family business portfolio (coal, diamonds, power, real estate)
- Co-ownership of Mumbai Tigers (BCL)
- Television appearances (Bigg Boss 17, Laughter Chefs, Smart Jodi)
- Music video appearances
- His new production venture, VJ Frames
Lifestyle and Assets
Vicky Jain and Ankita Lokhande reside in a luxurious apartment in Oshiwara, Mumbai, valued at approximately ₹50 crore to ₹70 crore .
The 8-bedroom home features lavish white interiors, a pool table, chandeliers, custom-designed carpets, a dedicated worship area, spacious walk-in wardrobes, and a large modern kitchen.
The grand main entrance bears their initials, ‘AV’ .
Vicky Jain’s Family and Personal Life
| Family Member | Relationship | Profession/Details |
|---|---|---|
| Vinod Kumar Jain | Father | Entrepreneur; family business management |
| Ranjana Jain | Mother | Businesswoman |
| Ankita Lokhande | Spouse | Television actress (married December 14, 2021) |
Siblings: Information about siblings is not publicly verified.
Children: None publicly reported.
Vicky Jain and Ankita Lokhande Relationship
How They Met
Vicky Jain and Ankita Lokhande first met through late actor Sushant Singh Rajput in 2013 . At that time, both were dating other people, but a friendship developed .
When Ankita’s relationship with Rajput ended in 2016, Vicky became a pillar of support. Ankita later shared on Bigg Boss that Vicky “handled everything beautifully,” guiding her through the public scrutiny and headlines .
Dating and Marriage
In 2018, their friendship turned romantic . The couple experienced a brief breakup a month before their wedding, but they worked through their differences and stayed together .
On December 14, 2021, Ankita Lokhande and Vicky Jain tied the knot in a grand ceremony at Mumbai’s Grand Hyatt, attended by numerous celebrities .
They celebrated their love again in 2023, getting remarried in Europe . The couple celebrated their fourth wedding anniversary in December 2025 .
Public Statements and Relationship Dynamics
The couple has appeared together on multiple reality shows, including Bigg Boss 17, Smart Jodi, and Laughter Chefs. Vicky has been vocal about his appreciation for Ankita.
In October 2025, he shared a heartfelt note: “Blessed to have a wife like you, Manku, who takes care of me and our home with so much love… Stay with us forever.”
Hand Injury and Ankita’s Support
In September 2025, Vicky Jain suffered a serious accident that left his right hand badly injured, requiring 45 stitches and reconstructive surgery . Ankita Lokhande penned a lengthy note for her husband, asking fans to send their wishes.
She wrote, “It’s always been you holding my hand, making me feel safe, reminding me that no matter how heavy the moment gets, love can still be light… You’re my strength, my calm, my forever” .
Vicky recounted the incident, saying, “My clothes were completely blood-soaked. Ankita was my only support. I could see her crying, but when she told me, ‘Vicky, you’ll be okay soon,’ I felt relieved” .
Vicky Jain’s Upcoming Projects: The VJ Frames Era
Production House Launch
On August 1, 2026, Vicky Jain announced the launch of his production house, VJ Frames, marking a significant new chapter in his career . Speaking about the milestone, he said:
“Launching VJ Frames is a dream that has been years in the making, and I couldn’t have asked for a better occasion than my birthday to begin this journey.
Cinema has always inspired me, and with VJ Frames, I hope to create stories that entertain, connect with audiences, and leave a lasting impact” .
Maiden Action Franchise with Tiger Shroff
VJ Frames’ first project will be an action franchise directed by Remo D’Souza, starring:
- Tiger Shroff in the lead role
- Abhishek Banerjee
- Elvish Yadav (making his big-screen debut after winning Bigg Boss OTT 2)
Director Remo D’Souza expressed enthusiasm about the collaboration: “I’m really happy to be directing the first film from VJ Frames.
Viccky has come on board with a clear vision and a genuine passion for cinema, and it’s exciting to be part of this journey with him.
We’ve got a fantastic cast in Tiger, Abhishek and Elvish, and I’m looking forward to creating something that’s entertaining, action-packed and enjoyable for audiences” .
The yet-untitled action franchise aims to combine high-octane action with engaging storytelling. VJ Frames plans to develop a diverse slate of films across multiple genres in the coming years .
Frequently Asked Questions About Vicky Jain
Who is Vicky Jain?
Vicky Jain is an Indian businessman, Managing Director of Mahavir Coal Washeries Private Limited, reality TV personality, and film producer. He is married to actress Ankita Lokhande.
What is Vicky Jain’s net worth?
His personal net worth is estimated at approximately ₹130 crore, while the family’s coal business is valued at around ₹100 crore. These are media estimates, not independently verified figures .
Who is Vicky Jain’s wife?
Vicky Jain is married to television actress Ankita Lokhande. They tied the knot on December 14, 2021 .
What are Vicky Jain’s upcoming projects?
He launched his production house VJ Frames in August 2026. Its maiden project is an action franchise directed by Remo D’Souza, starring Tiger Shroff, Abhishek Banerjee, and Elvish Yadav .
Where is Vicky Jain from?
He was born in Raipur, Chhattisgarh, and grew up in Bilaspur, Chhattisgarh .
What businesses does Vicky Jain own?
He is the Managing Director of Mahavir Coal Washeries Private Limited and oversees Mahavir Industries, which spans coal trading, diamonds, power plants, and real estate .
Conclusion
Vicky Jain’s journey from a coal businessman from Chhattisgarh to a reality TV personality and now a film producer is a story of evolution and ambition.
As the Managing Director of a diversified business empire and the husband of actress Ankita Lokhande, he has successfully carved a public identity that spans boardrooms and entertainment.
With the launch of VJ Frames and a high-profile action franchise starring Tiger Shroff on the horizon.
Vicky Jain is writing the next chapter of his career one that positions him not just as a businessman or reality TV star, but as a film producer with a vision for mainstream commercial cinema .
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