Moneycontrol Surpasses 10 Crore Unique Visitors: A New Era for India’s Leading Digital Financial News Platform

Moneycontrol Surpasses 10 Crore Unique Visitors, Reinforcing Its Status as India’s Top Financial News Platform

November 05, 2024 – New Delhi: Moneycontrol, the leading digital financial platform in India, has hit an impressive milestone by attracting over 10 crore (100 million) unique visitors in October 2024. This achievement, as reported by Google, solidifies Moneycontrol’s reputation as a vital source for financial news, investment tools, and market insights, essential for both retail and institutional investors.

An Impressive Growth Trajectory

The achievement strengthens Moneycontrol’s dominant position in the financial news landscape, particularly highlighted by data from Comscore, which indicated that Moneycontrol’s audience was 31% larger than that of its closest competitor, The Economic Times, in September 2024. The platform has set itself apart through a unique blend of stock market data, essential business news, and proprietary research that captivates a diverse audience looking for reliable financial information.

Subscriber Milestone for Moneycontrol Pro

In addition to its visitor milestone, Moneycontrol’s premium subscription service, Moneycontrol Pro, recently surpassed 1 million subscribers. This significant achievement not only establishes it as India’s largest digital news subscription service but also places it among the world’s top 15 platforms in terms of digital subscriptions. The service has garnered a reputation for offering world-class features and cutting-edge tools, enhancing the investing experience for its users.

“We have proven that Moneycontrol Pro is an unmatched offering, supported by continuous enhancements every few months aimed at helping savvy investors make informed decisions,” a spokesperson for the platform stated.

Increasing User Engagement

Moneycontrol’s growth is not limited to visitor numbers alone. The platform enjoys robust user engagement, with page views nearly 40% higher than The Economic Times as reported in September 2024. Users have also spent approximately 407.48 million minutes on the platform during the month, indicating that they are not only visiting but also deeply engaging with the content offered.

Nalin Mehta, Managing Editor of Moneycontrol, highlighted the significance of this achievement, stating, "The fact that over 10 crore people chose to use Moneycontrol in just one month is a tremendous endorsement of the quality of our content and the value it provides to retail investors as they navigate their investment decisions."

Expanding Financial Ecosystem

Beyond its accomplishments in user engagement and subscriptions, Moneycontrol is also expanding its services in the fintech sector. The platform now offers a wider range of financial products including personal loans, fixed deposits, tools for bank account management, and credit score evaluations. This comprehensive approach positions Moneycontrol as an unparalleled financial ecosystem, catering to the diverse needs of its users.

Continued Evolution and Innovation

With a focus on constant innovation, Moneycontrol is committed to expanding its features and tools to ensure optimal value for its user base. Chairman of Network 18, Adil Zainulbhai, remarked on this milestone, indicating that it reflects high consumer confidence in the sophisticated market data tools and relevant content that Moneycontrol provides, empowering users to make smarter investment choices.

As the finance sector continues to evolve, Moneycontrol remains a beacon for individuals seeking up-to-date financial news, investment insights, and personal finance guidance. To keep abreast of the latest updates, users are encouraged to visit Moneycontrol’s website or download the Moneycontrol app.

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