Moneycontrol Hits 10 Crore Visitors In October, Widens Lead As India’s Top Business News Platform

Moneycontrol’s irresistible value proposition stems from its distinct blend of stock market information, financial utilities, exclusive stock and market analysis, as well as impactful business news, all supported by transactional capabilities.

In October 2024, Moneycontrol, the premier digital financial platform in India under the Network 18 group, reached a significant milestone by exceeding 100 million unique visitors. Google data confirms this accomplishment, further establishing Moneycontrol as a reliable and indispensable source for financial updates, market analyses, and investment resources.

Moneycontrol’s irresistible allure stems from its distinctive blend of stock market data, financial utilities, exclusive stock and market research, and relevant business news, all supported by its transactional capabilities. In September 2024, global digital measurement agency Comscore reported that Moneycontrol’s audience surpassed The Economic Times’ by 31 percent, marking a significant milestone. This achievement is just one in a series of accolades earned by the platform due to its exceptional capacity to captivate audiences and cater to investors’ requirements in the ever-changing digital sphere.

Moneycontrol Pro, the premium subscription service of the platform, has surpassed the one million subscriber milestone, solidifying its status as the leading digital news subscription platform in India and ranking it among the top 15 globally. With a subscriber count on par with renowned international publications like Financial Times and China’s Caixin, Moneycontrol Pro has made a significant mark in the digital news landscape.

Moneycontrol Pro, in the five years since its inception, has demonstrated its status as a top-tier service, delivering unparalleled benefits to its audience. With periodic introductions of state-of-the-art functionalities, it enables astute investors to remain ahead in the market. The Moneycontrol app boasts a user base of over 7 million active users each month and is experiencing rapid expansion.

Adil Zainulbhai, Chairman of Network 18, expressed that the achievement signifies a significant breakthrough for Moneycontrol, positioning it as India’s leading digital finance platform. He highlighted the strong consumer trust in Moneycontrol’s innovative market data tools and content, empowering users to make informed investment decisions.

Moneycontrol is not only focusing on expanding its audience and subscriber base but also on nurturing deeper relationships with its users. According to Comscore, in September 2024, Moneycontrol’s page views exceeded The Economic Times by nearly 40 percent, with a record-high time-spent of 407.48 million minutes in the sector. These statistics indicate that users are engaging more and dedicating extended periods to explore the platform’s offerings daily.

Nalin Mehta, Managing Editor of Moneycontrol, expressed his satisfaction with the trust shown by more than 100 million users who utilized the platform in a single month. He highlighted that this significant number reflects the credibility of their content and its usefulness for individual investors seeking guidance for their investment choices.

Moneycontrol is broadening its presence in the fintech sector by offering personal loans, fixed deposits, tools for managing bank accounts, and credit scoring services, establishing itself as an unparalleled all-encompassing financial environment.