New Delhi: Moneycontrol, India’s leading financial platform and part of the Network18 group, has announced a record-breaking 10 crore (100 million) monthly users, cementing its dominance in the Indian financial market. This milestone was celebrated with a front-page advertisement in The Economic Times, showcasing the platform’s impressive reach and engagement.
According to Google Analytics data from October 2024, Moneycontrol’s user base has grown significantly, surpassing all other financial platforms in the country. This growth is attributed to Moneycontrol’s comprehensive suite of services, including market data, financial tools, exclusive stock research, and in-depth business news. The platform also boasts 10 lakh paying subscribers to Moneycontrol Pro, its premium subscription service.
Furthermore, Comscore MMX Multi-Platform data from September 2024 reveals that Moneycontrol’s audience size is 30% larger than its closest competitor in the Business/Finance News category. The platform also enjoys high user engagement, with 70 lakh monthly active users on its app. In September 2024, Moneycontrol’s page views were nearly 40% higher than its nearest competitor, and its time-spent metric led the sector at 407.48 million minutes.
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Moneycontrol’s success extends beyond audience size and engagement. The platform has become a trusted source for breaking business news and analysis, attracting a loyal following among industry leaders, startup founders, and investors.
“We are thrilled to achieve this milestone and grateful to our users for their continued trust and support,” said a Moneycontrol spokesperson. “Moneycontrol is committed to providing the most comprehensive and insightful financial information and tools to empower investors and businesses across India.”
Moneycontrol’s continued expansion into the fintech space, with offerings such as personal loans, fixed deposits, bank account management tools, and credit scores, further solidifies its position as a one-stop shop for all things finance.
