Moneycontrol Surpasses 10 Crore Unique Visitors in October 2024, Strengthens Its Position as India’s Leading Business News Platform
New Delhi – November 5, 2024 — Moneycontrol, India’s foremost digital financial platform, has achieved a significant milestone by surpassing 10 crore (100 million) unique visitors in October 2024, as reported by Google. This impressive achievement reinforces Moneycontrol’s status as a trusted resource for financial news, market insights, and investment tools, solidifying its lead over competitors in the business news sector in India.
Record Visitor Engagement
The latest data from global digital measurement agency Comscore highlights that Moneycontrol’s audience is not only substantial but also engaged, with a 31% larger user base than The Economic Times as of September 2024. This growth in engagement is a testament to Moneycontrol’s ability to meet the needs of investors seeking timely and relevant financial information in an increasingly digital landscape.
According to Comscore, the platform recorded nearly 40% more page views compared to its closest competitor in September, with users collectively spending 407.48 million minutes on the site during that month alone. Such statistics emphasize that users are not only visiting the platform frequently but are also investing considerable time in exploring the wealth of data and insights available.
Expanding Financial Ecosystem
In addition to its impressive visitor numbers, Moneycontrol has also seen significant growth in its subscription service, Moneycontrol Pro, which recently surpassed 1 million subscribers. This achievement positions Moneycontrol Pro as the largest digital news subscription service in India, placing it among the top 15 globally. The service has drawn comparisons to globally recognized outlets such as the Financial Times and China’s Caixin, reflecting its commitment to delivering high-quality, world-class financial content. The Moneycontrol app itself boasts over 7 million active users per month, indicating a robust and growing user base seeking financial tools and market analytics.
Industry Confidence and User Trust
Adil Zainulbhai, Chairman of Network 18, praised the milestone, stating, "This is a monumental milestone for Moneycontrol… This achievement reflects high consumer confidence in the cutting-edge markets data tools and content we offer, which help users invest their money more smartly." Nalin Mehta, Managing Editor of Moneycontrol, also emphasized the significance of surpassing 10 crore visitors in just one month, highlighting it as a strong vote of confidence in the quality of the content provided and its value to retail investors making informed investment decisions.
A Comprehensive Financial Hub
Beyond expanding its audience and subscriber base, Moneycontrol continues to enhance its offerings in the fintech landscape. The platform is now incorporating personal loans, fixed deposits, bank account management tools, and credit score insights, positioning itself as a comprehensive financial ecosystem. This ongoing evolution is aimed at providing users with a one-stop solution for all their financial needs, thereby increasing user loyalty and engagement.
As Moneycontrol continues to innovate and provide valuable financial resources, it remains a leading platform for millions of users navigating the complexities of investment and financial planning. For the latest updates, insights, and financial news, users are encouraged to visit Moneycontrol or download the Moneycontrol app.
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