Moneycontrol Reaches Milestone of 10 Crore Unique Visitors in October, Strengthening Its Lead as India’s Premier Business News Platform
November 5, 2024 — Moneycontrol, India’s foremost digital financial news and data platform, has crossed an impressive milestone by attracting over 10 crore (100 million) unique visitors in October 2024, according to data from Google. This achievement further establishes Moneycontrol as the country’s leading source for business and financial news, market insights, and investment tools.
A Trusted Resource in Indian Finance
Owned by Network18, Moneycontrol has built a reputation as an indispensable platform for retail and institutional investors by offering a seamless combination of comprehensive stock market data, exclusive research, real-time financial news, and advanced market tools. Its unique capability to combine news reporting with transactional features has expanded its appeal to a diverse user base.
According to the global digital measurement agency Comscore, Moneycontrol’s audience was 31% larger than that of The Economic Times in September 2024, underscoring the platform’s dominant position in the Indian digital finance space. In addition, Moneycontrol’s page views for the same period exceeded those of The Economic Times by nearly 40%. The platform also recorded the highest time-on-site within the sector, accumulating 407.48 million minutes of user engagement during the month. These metrics highlight sustained user interest and deeper engagement with Moneycontrol’s content and services.
Rapid Growth of Moneycontrol Pro
Adding to its remarkable growth story, Moneycontrol’s premium subscription service, Moneycontrol Pro, recently surpassed one million subscribers. This makes it India’s largest digital news subscription platform and among the top 15 worldwide. The subscription base now rivals that of international heavyweights such as the Financial Times in the UK and Caixin in China.
Launched five years ago, Moneycontrol Pro is recognized for its world-class features designed to empower investors with timely market insights and advanced analytical tools. The platform continues to innovate, rolling out new functionalities every few months to keep pace with evolving investor needs. The Moneycontrol mobile app also boasts over 7 million active monthly users and is on a strong growth trajectory.
Expanding Into Fintech Ecosystem
Beyond news and market data, Moneycontrol is progressively expanding its footprint in the fintech space by integrating offerings such as personal loans, fixed deposits, bank account management tools, and credit score monitoring. This diversification enhances Moneycontrol’s position as a comprehensive financial ecosystem catering to a wide range of consumer financial needs.
Expert Commentary
“This is a monumental milestone and Moneycontrol has broken the ceiling as India’s premier digital finance platform,” said Adil Zainulbhai, Chairman, Network18. “This achievement reflects high consumer confidence in the cutting-edge market 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 informed investment decisions.”
About Moneycontrol
Moneycontrol is part of the Network18 group and has long been recognized as India’s most trusted business and financial news portal. It combines market data, research, news, and interactive tools to deliver a superior user experience for investors and business professionals.
For those interested in staying updated on financial markets, investments, and business trends, Moneycontrol’s website and mobile app offer a comprehensive and reliable resource.
Readers are also advised to be vigilant against fraudulent entities falsely claiming affiliation with Moneycontrol for financial solicitations, as the platform neither solicits funds nor guarantees returns.
Stay informed on the latest in Indian and global markets by visiting Moneycontrol or downloading the Moneycontrol app.