Moneycontrol Surpasses 10 Crore Unique Visitors in October, Strengthening Its Position as India’s Leading Business News Platform
Published: November 5, 2024 – Smart Money Mindset
In a significant milestone, Moneycontrol, India’s premier digital financial platform, has surpassed 10 crore (100 million) unique visitors in October 2024, as reported by Google. This achievement not only underscores Moneycontrol’s dominance in the Indian market but also highlights its growing importance as a trusted source for financial news, market insights, and investment tools.
A Leading Force in Digital Financial News
According to data from global digital measurement agency Comscore, as of September 2024, the audience of Moneycontrol was 31% larger than that of its closest competitor, The Economic Times. This growing audience reflects a remarkable ability to engage users amidst the rapidly evolving digital landscape of financial information.
“Moneycontrol has broken the ceiling as India’s premier digital finance platform,” said Adil Zainulbhai, Chairman of Network 18. “This achievement reflects high consumer confidence in the cutting-edge market data tools and content we offer, which help users invest their money more wisely.”
Expanding Subscriber Base
Moneycontrol Pro, the platform’s premium subscription service, has also seen remarkable growth, crossing the milestone of one million subscribers. This makes it not only India’s largest digital news subscription platform but also places it among the top 15 globally. The Pro service competes with esteemed international outlets such as the Financial Times and China’s Caixin, demonstrating its commitment to providing valuable insights and research to savvy investors.
Launched five years ago, Moneycontrol Pro is designed to meet the needs of its users with innovative features added regularly. The platform serves over 7 million active users monthly, indicating a robust growth trajectory reflective of high user engagement.
Engagement Metrics Highlight User Retention
In addition to its impressive visitor count, Moneycontrol reported a staggering 40% increase in page views compared to The Economic Times in September 2024. Furthermore, users spent a record 407.48 million minutes engaging with the platform, illustrating the depth of user interactions and the value provided through its services.
Nalin Mehta, Managing Editor of Moneycontrol, remarked, “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.”
Innovations and Future Expansion
Beyond its core offerings in financial news, Moneycontrol continues to expand its footprint within the fintech space. Recently, it has increasingly integrated services such as personal loans, fixed deposits, bank account management tools, and credit scores, positioning itself as a comprehensive financial ecosystem for consumers in India.
As the demand for effective financial advice grows, Moneycontrol’s innovations and expansion plans are likely to play a crucial role in shaping the future of financial news and services in India.
Conclusion
With its continuous advancements and significant user engagement, Moneycontrol has firmly established itself as a leading authority in the Indian finance segment. The latest achievement of reaching 10 crore unique visitors cements its position and illustrates the platform’s ongoing commitment to providing essential tools and insights for investors navigating the complex world of finance.
For more updates on business news and financial insights, visit Moneycontrol or download the Moneycontrol App.
Disclaimer: Moneycontrol does not solicit funds from investors nor promise assured returns and warns users against unauthorized representations. For inquiries, contact them at [email protected] or call 02268882347.
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