Network 18’s Moneycontrol Surpasses 100 Million Visitors in October, Reinforces Dominance as India’s Leading Business and Financial News Platform
Mumbai, Maharashtra — November 6, 2024: Moneycontrol, the flagship digital financial platform of Network 18, has reached a landmark achievement by crossing 10 crore (100 million) unique visitors in the month of October 2024. Verified by Google data, this milestone not only underlines Moneycontrol’s expansive reach but further cements its status as India’s most trusted destination for business news, market insights, and investment tools.
A Leading Financial Hub in the Digital Era
Moneycontrol has become an indispensable resource for millions of investors and financial enthusiasts by offering a comprehensive blend of real-time stock market data, exclusive research reports, insightful business news, and sophisticated financial tools. Backed by the Network 18 group [NSE: Network18], Moneycontrol’s ability to combine content depth with transactional capabilities has made it a compelling platform that meets the evolving demands of India’s dynamic investment community.
According to data from Comscore, a renowned global digital measurement agency, Moneycontrol’s audience was 31% larger than that of The Economic Times in September 2024. The platform’s unparalleled growth in users and engagement metrics demonstrates its exceptional capability to connect with and retain users amid the rapidly shifting digital landscape.
Moneycontrol Pro Subscription Hits 1 Million
Adding to its achievements, Moneycontrol’s premium subscription service, Moneycontrol Pro, recently crossed the 1 million subscriber mark. This accomplishment establishes it as India’s largest digital news subscription platform and places it among the world’s top 15 such services. Its subscriber count now rivals international giants like the Financial Times and China’s Caixin.
Launched five years ago, Moneycontrol Pro continuously evolves with cutting-edge features designed to empower savvy investors. This subscription service offers unparalleled value by providing in-depth analytics, expert market commentary, and enhanced portfolio tracking tools.
Expanding Digital Footprint through the App and Ecosystem
The Moneycontrol app boasts over 7 million active monthly users, reflecting rapid and sustained growth. Beyond news and data, Moneycontrol is further strengthening its position by expanding into fintech services. The platform now offers personal loans, fixed deposits, bank account management tools, and credit score monitoring — creating a holistic financial services ecosystem that supports users’ broader financial needs.
User Engagement and Market Leadership
Engagement data further highlights Moneycontrol’s leadership in the sector. In September 2024, the platform’s page views were nearly 40% higher than The Economic Times, while user time spent on the site reached a sector-best 407.48 million minutes during the month. These figures illustrate that audiences are not only visiting in large numbers but also spending more time consuming high-quality content and leveraging the platform’s tools.
Statements from Leadership
Adil Zainulbhai, Chairman of Network 18, remarked, “This is a monumental milestone and Moneycontrol has broken the ceiling as India’s premier digital finance platform. This achievement reflects high consumer confidence in the cutting-edge markets data, tools, and content we offer on Moneycontrol which help users invest their money more smartly.”
Nalin Mehta, Managing Editor of Moneycontrol, added, “The fact that over 10 crore people chose to use Moneycontrol in just one month is a great vote of confidence in the quality of our content and the value it adds for retail investors looking to make investment decisions.”
Looking Ahead
With these remarkable accomplishments, Moneycontrol continues to drive innovation in digital finance media and services, aiming to empower India’s rapidly growing segment of retail investors with reliable information and smart tools. The platform’s ongoing enhancements and expanding offerings ensure it remains at the forefront of India’s financial digital revolution.
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Note: This article is based on the press release provided by VMPL. Business Standard journalists were not involved in the creation of this content.