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News In Brief Success Stories

Moneycontrol Pro Hits 1 Million Subscribers, Now Among Top 15 Global Digital Platforms

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Moneycontrol Pro Hits 1 Million Subscribers, Now Among Top 15 Global Digital Platforms
23 Oct 2024
5 min read

News Synopsis

Moneycontrol Pro, the only Indian publisher to achieve a position among the elite global subscription services, has successfully crossed the one million paying subscribers mark within just three years of its launch. This milestone cements its status as India’s largest media subscription platform and places it among the top 15 digital subscription services worldwide, standing alongside major international media names like Financial Times and Barrons.

Unique Market Insights and Premium Features

The platform has carved a niche for itself by providing exclusive information and market intelligence that users cannot find elsewhere. Moneycontrol Pro is a premium offering from Network18’s Moneycontrol, known for its authoritative news and data related to markets. The service focuses on delivering in-depth, actionable insights for investors, particularly those navigating the complexities of India’s equity markets.

Moneycontrol Pro continually enhances its offerings with advanced features designed to support investors. Among its standout tools are:

  • Expert Edge: Daily and weekly investment ideas.

  • Trade Like a Pro: Technical ratings and trends.

  • Spot Winners: Over 200 powerful stock scanners.

  • Deep Dive: Quant-based insights for deeper analysis.

  • Track Holdings: Insights into portfolios of market leaders.

These features empower users to make informed investment decisions based on comprehensive research.

Trusted Source of Market Intelligence

Adil Zainulbhai, Chairman of Network18, emphasized the significance of reaching over a million subscribers, stating that this achievement reflects the platform’s value in helping investors better understand and profit from market dynamics. The continual addition of new features is aimed at ensuring that Pro users access tools and insights typically reserved for institutional investors, all at a competitive price point.

Comprehensive Research and Analysis

Moneycontrol Pro’s strength lies in its expert research team, which actively monitors more than 270 major Indian companies across 25 sectors. The analysts provide valuable insights that assist in informed decision-making. This includes macroeconomic trends, sectoral performance, and company-level analyses, enabling subscribers to craft customized portfolios that consistently outperform India’s benchmark indices.

An Indispensable Tool for Retail Investors

As the platform evolves, it has become an essential resource for retail investors. By reducing information asymmetry, Moneycontrol Pro allows everyday investors to engage with the market intelligently. Zainulbhai noted that its growing subscriber base places it alongside globally renowned digital media brands such as the Wall Street Journal, New York Times, and Financial Times.

Expanding the Financial Product Suite

Moneycontrol Pro operates within Moneycontrol, India’s largest business, markets, and finance platform, which attracts over 90 million unique visitors monthly (as per September 2024 Google Analytics data) and has more than 7 million active app users. Recently, Moneycontrol has diversified its offerings to include a suite of financial products beyond just market analysis. Users can access services like:

  • Personal loans

  • Fixed deposits

  • Mutual fund tracking

  • Comprehensive portfolio management

  • Credit score checks

These additions position Moneycontrol as a comprehensive financial services platform catering to a wide range of user needs.

Innovative Tools and Features

Moneycontrol Pro has also integrated innovative analytical and AI-based tools designed to assist users in making informed investment decisions. The #KnowBeforeYouInvest initiative provides thorough analyses of stocks, enhancing the decision-making process for investors. Additionally, the platform introduced the Big Shark Portfolios feature, enabling users to track the portfolios of prominent investors and foreign institutional investors (FIIs).

Other exclusive offerings include:

  • Economic Calendar: Tracking major economic events and their market impacts.

  • Enhanced Research Page: Access to exclusive research covering 214 companies across 24 sectors.

  • Herd Immunity and Economic Recovery Trackers: Monitoring the ongoing economic landscape post-pandemic.

Commitment to User Experience and Education

User convenience is a core focus for Moneycontrol Pro, reflected in continuous improvements to the user interface and experience (UI/UX), new payment solutions, and promotional giveaways. The platform also places a significant emphasis on financial literacy, offering educational events and discounts on various knowledge-sharing sessions, such as Option Omega, Quants League, and Traders Carnival.

Looking Forward: Celebrating Milestones and Future Plans

As Moneycontrol Pro celebrates its third anniversary, the platform thanks its subscribers for their continued support. In recognition of this milestone, they are currently offering subscriptions at just Re 1 per day, along with various promotions. This is part of their ongoing commitment to delivering exceptional value and features to their users.

For those who haven’t yet subscribed to Moneycontrol Pro, there’s never been a better time to join. The platform promises that the best is yet to come, with future enhancements aimed at further enriching the user experience. Feedback and suggestions from subscribers are welcomed, showcasing their commitment to ongoing improvement and user satisfaction.

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