Moneycontrol Surpasses 10 Crore Unique Visitors in October 2024, Strengthening Its Position as India’s Leading Financial Platform
Mumbai, Maharashtra — In an impressive display of growth and engagement, Moneycontrol, part of the Network 18 group, has achieved a significant milestone by surpassing 10 crore (100 million) unique visitors in October 2024. This figure, verified by data from Google, reinforces Moneycontrol’s status as India’s foremost business and financial news platform.
A Trusted Resource for Financial News
Moneycontrol, renowned for its robust financial news coverage, market insights, and investment tools, has become an indispensable resource for both novice and experienced investors. By integrating stock market data with exclusive research and business news, the platform has distinguished itself as a user-friendly option for those seeking comprehensive financial information. Earlier metrics from Comscore revealed that Moneycontrol’s audience was 31% larger than that of its closest competitor, The Economic Times, as of September 2024. ## Growth in Subscriber Base
Another noteworthy achievement for Moneycontrol is the rapid growth of its premium subscription service, Moneycontrol Pro, which recently surpassed 1 million subscribers. This milestone secures its position as India’s largest digital news subscription service and ranks it among the top 15 globally. Moneycontrol Pro has proven particularly popular, placing it in competition with international leaders like the Financial Times and China’s Caixin. The service has consistently introduced innovative features to support investors in navigating the complexities of financial markets.
High Engagement Metrics
The platform has not only seen impressive visitor numbers but also notable engagement statistics. In September 2024, Moneycontrol’s page views were nearly 40% higher than those of The Economic Times, and its audience spent 407.48 million minutes on the site—an indicator of high consumer engagement and satisfaction. "The substantial time spent on our platform signifies that users find value in the content we provide," stated Nalin Mehta, Managing Editor of Moneycontrol.
Building Connections with Users
"There has been a tremendous vote of confidence from users, with over 10 crore people opting to engage with Moneycontrol in just one month. This is a testament to the quality of our content and its relevance for retail investors looking to make informed decisions," Mehta added. This strong user connection is further evidenced by the consistent growth in active users, with the Moneycontrol app attracting over 7 million unique users per month.
Expanding Fintech Offerings
In addition to its core news and information services, Moneycontrol is also expanding its offerings in the fintech sector. The platform is now providing tools for personal loans, fixed deposits, bank account management, and credit scores. These initiatives position Moneycontrol as a comprehensive financial ecosystem aimed at enhancing the capabilities of investors and consumers alike.
Conclusion
As Moneycontrol continues to expand its reach and influence within the financial sector, it remains committed to delivering accurate, timely, and valuable content that meets the evolving needs of its users. Chairman of Network 18, Adil Zainulbhai, noted that this monumental achievement underscores the platform’s ability to provide cutting-edge financial tools and data that empower users to make smarter investment choices.
The remarkable visitor milestones, along with the subscriber growth for Moneycontrol Pro, highlight the platform’s growing importance in the digital financial landscape of India.
For further updates and insights, follow Moneycontrol and experience the comprehensive financial news and tools it offers to investors.
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