Media Matrix Worldwide has provided a corporate guarantee of ₹25 Crore to Jio Credit Limited on behalf of its subsidiary, nexG Devices Private Limited.

This guarantee secures credit facilities for nexG, in which the company holds a 56.78% stake. nexG is a significant distribution and logistics player across India for mobility and IT products.

This action strengthens nexG's financial stability, supporting its operations and expansion in sales and distribution channels.

The guarantee will be noted as a contingent liability in Media Matrix Worldwide's financial statements, reflecting support for its subsidiary's growth.