Moneycontrol Surpasses 10 Crore Unique Visitors in October, Reinforcing Its Position as India’s Leading Business and Financial News Platform
November 5, 2024 — Moneycontrol, India’s premier digital financial platform, has achieved a remarkable milestone by crossing the threshold of 10 crore (100 million) unique visitors in October 2024, according to data from Google. This landmark achievement underscores Moneycontrol’s stature as a trusted and indispensable source for financial news, market insights, and investment tools in the country.
A Trusted Platform Backed by Robust Data and Insight
Part of the Network 18 group, Moneycontrol has carved a distinctive niche with its comprehensive offering that combines real-time stock market data, cutting-edge financial tools, exclusive research on stocks and markets, and business news that matters to investors. This unique mix powered by transactional capabilities has made Moneycontrol an irresistible choice for millions of investors and financial enthusiasts in India.
Growing Lead Over Competitors
Global digital measurement firm Comscore reported that in September 2024, Moneycontrol’s audience was 31 percent larger than that of The Economic Times, India’s other major business news outlet. Moreover, Moneycontrol’s page views during the same period were nearly 40 percent higher, while users spent a record-breaking 407.48 million minutes on the platform — the highest engagement in the sector. These metrics affirm that Moneycontrol is not only attracting a broad user base but also deeply engaging its audience.
Moneycontrol Pro Reaches 1 Million Subscribers
Adding to this success story is the rapid growth of Moneycontrol Pro, the platform’s premium subscription service. Recently, it surpassed 1 million subscribers, making it India’s largest digital news subscription platform and positioning it among the top 15 globally. The subscriber count now rivals prestigious international outlets such as the Financial Times and China’s Caixin.
Launched five years ago, Moneycontrol Pro has continuously enhanced its offerings with cutting-edge features designed to help savvy investors stay ahead in dynamic markets. The Moneycontrol app further complements this ecosystem, boasting over 70 lakh (7 million) active users monthly, a figure that continues to climb steadily.
Strategic Expansion in Fintech and Beyond
Beyond news and research, Moneycontrol has been expanding its footprint into fintech services, offering users personal loans, fixed deposits, bank account management tools, and credit score monitoring. This expansion allows the platform to serve as a holistic financial ecosystem, providing a wide array of services that cater to the diverse needs of investors and consumers.
Statements from Leadership
“This is a monumental milestone and 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 our cutting-edge market data, tools, and content that empower users to invest their money more smartly.”
Echoing this sentiment, 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 informed investment decisions.”
Looking Ahead
As India’s financial landscape evolves rapidly, platforms like Moneycontrol play a crucial role in democratizing access to market information and financial tools. With its expanding user base, deepening engagement, and growing subscription service, Moneycontrol is well-positioned to maintain its leadership and continue delivering value to millions of investors nationwide.
For those interested in staying updated with the latest business news, market trends, and personal finance insights, the Moneycontrol platform and app remain essential resources.
Stay informed with the latest updates on the Sensex, Nifty, Budget 2025, and more by visiting Moneycontrol or downloading the Moneycontrol App.
About Moneycontrol:
Moneycontrol is India’s leading digital financial platform offering comprehensive market data, financial news, expert analysis, and personal finance tools. It is part of Network 18, one of India’s largest media conglomerates.