Moneycontrol Surpasses 10 Crore Unique Visitors, Reinforcing Its Leadership in India’s Financial News Space
November 05, 2024 – New Delhi, India
Moneycontrol, a prominent digital financial platform in India, has reached a significant milestone by achieving over 10 crore (100 million) unique visitors in October 2024. This impressive achievement, verified by Google, underscores Moneycontrol’s status as a vital and trusted resource for financial news, market insights, and investment tools in a rapidly evolving digital ecosystem.
Leading the Digital Financial News Front
As part of the Network 18 group, Moneycontrol has effectively positioned itself at the forefront of India’s business and financial news landscape. Its comprehensive offering blends real-time stock market data, in-depth financial tools, and exclusive research with essential business news, creating an irresistible platform for investors and finance enthusiasts alike.
Recent data from global digital measurement agency Comscore indicates that Moneycontrol’s audience is 31% larger than that of The Economic Times as of September 2024. This notable lead highlights the platform’s exceptional capability to engage users and fulfill the growing demands of investors in a competitive digital environment.
Subscriber Growth Reflecting Trust and Value
In addition to its expanding audience, Moneycontrol has also seen remarkable success with its premium subscription service, Moneycontrol Pro, which recently surpassed 1 million subscribers. This achievement cements Moneycontrol Pro’s position as India’s largest digital news subscription platform and places it among the world’s top 15 in terms of digital news readership. With a subscriber base now comparable to prestigious international outlets such as the Financial Times and China’s Caixin, Moneycontrol Pro has continuously demonstrated its value over the past five years, regularly adding innovative features tailored for savvy investors.
“The growth of Moneycontrol is a monumental milestone. It solidifies our position as India’s premier digital finance platform,” stated Adil Zainulbhai, Chairman of Network 18. He emphasized that this accomplishment reflects a strong consumer trust in the advanced market data tools and high-quality content Moneycontrol provides, enabling users to manage their investments more effectively.
Enhanced User Engagement
Beyond impressive audience growth, Moneycontrol is also dedicated to fostering deeper connections with its users. According to Comscore, the platform’s page views in September 2024 were nearly 40% higher than those of The Economic Times, and it recorded the highest time-spent in the industry at an impressive 407.48 million minutes for the month. This indicates that users are not only visiting the site but are also spending a significant amount of time engaging with its content.
“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,” remarked Nalin Mehta, Managing Editor of Moneycontrol.
Expanding Financial Ecosystem
In its quest to enhance user experience and broaden its offerings, Moneycontrol is also making strides in the fintech sector. The platform has been rolling out features related to personal loans, fixed deposits, bank account management tools, and credit scores. These initiatives are part of Moneycontrol’s strategy to create a comprehensive financial ecosystem, further solidifying its role as an essential tool for financial management.
For the latest updates on business news, budget insights, and market analysis, users are encouraged to visit Moneycontrol or download the Moneycontrol App for easy access to vital financial information and expert opinions.
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