Moneycontrol Achieves Remarkable Milestone of 10 Crore Unique Visitors in October 2024
Mumbai, Maharashtra – In a significant achievement for India’s leading digital financial platform, Moneycontrol, operated by Network 18, has officially surpassed 10 crore (100 million) unique visitors in October 2024. This data, reported by Google, reinforces Moneycontrol’s dominance as the go-to resource for business and financial news in India, illustrating a substantial growth in its audience.
A Comprehensive Financial Resource
Moneycontrol has carved out a niche for itself as an indispensable tool for investors. Combining real-time stock market data, user-friendly financial tools, in-depth research on stocks and markets, along with incisive business news, the platform has successfully catered to the evolving needs of its audience. Its strong performance is further underscored by figures from Comscore, which indicated Moneycontrol’s audience was 31% larger than that of The Economic Times in September 2024. "This monumental milestone reflects strong consumer confidence in the innovative market data tools and quality content that Moneycontrol offers, enabling users to navigate their investment decisions smarter," remarked Adil Zainulbhai, Chairman of Network 18. ### Growth of Moneycontrol Pro
In addition to its broadening audience reach, Moneycontrol Pro—the platform’s premium subscription service—has crossed an impressive milestone of 1 million subscribers. This feat establishes Moneycontrol Pro as the largest digital news subscription platform in India, positioning it among the top 15 platforms globally. With its advanced features launched every few months, Moneycontrol Pro continues to provide exceptional value to its subscribers, rivaling notable international news outlets like the Financial Times and China’s Caixin.
Engagement and User Interaction
Moneycontrol’s user engagement metrics reflect its growing popularity and relevance. In September 2024, the platform achieved nearly 40% more page views compared to The Economic Times. Moreover, users spent a staggering 407.48 million minutes on the site, demonstrating the platform’s capacity to hold attention and enrich the user experience.
The significance of 10 crore distinct visitors in just one month is a remarkable testament to the platform’s content quality and its value to retail investors. "This achievement signifies that over 10 crore individuals trust Moneycontrol for their financial insights, affirming our commitment to empowering them with valuable information for their investment strategies," stated Nalin Mehta, Managing Editor of Moneycontrol.
Expanding Financial Ecosystem
Beyond merely providing business news and analysis, Moneycontrol is actively enhancing its footprint within the fintech space. The platform has expanded to include services such as personal loans, fixed deposits, bank account management tools, and credit score assessments, positioning itself as a comprehensive financial ecosystem. This diversification caters to a wide range of financial needs, further solidifying its reputation as an essential tool for investors.
As Moneycontrol continues to evolve, its growth trajectory indicates a strong future in shaping financial literacy and investment strategies in India.
Conclusion
The milestone of 10 crore unique visitors serves as a powerful reminder of the demand for reliable financial news and resources in a fast-paced digital landscape. Moneycontrol’s innovation and user-centric approach play pivotal roles in fostering investor confidence and promoting informed financial decisions across the nation.
Stay updated with Moneycontrol for the latest in business news and market insights that matter.
For further news and updates, visit Smart Money Mindset or follow us on Telegram.
Share this article:
