Press Release

Mobango Application Store to host's M3 mobile application

Section :Other Briefs, Category : Marketing

Company Brief
Mumbai, February 7, 2011

Mobango, one of the largest global independent mobile application stores is hosting India's biggest financial portal's M3 application. M3, which is now live on Mobango, is the latest in the series of services from Moneycontrol to take the unique financial platform beyond the internet.

The application enables its users to view real time stock quotes from Indian and Global market indices, track personal investment portfolio, watch live TV and stay updated with the latest stock market news. In addition it also helps people to share their views and opinions on the financial information available on the app.

Badri Sanjeevi, COO Mobango said, "Mobango is excited to host the Moneycontrol M3 app on its appstore and drive thousands of downloads for this application in India and globally. Mobango drives over 1m downloads a day of which 20-25% are from India.This is part of Mobango's initiative to bring apps that are highly relevant to the Indian consumers of Mobango app site."

Speaking on this initiative Joyson Thomas, COO Moneycontrol said "Moneycontrol M3 is our latest initiative to bring news, views, portfolio tracking and other world class features of our offering on the mobile. We are excited to partner with Mobango, one of the largest appstores in the world to bring M3 app to millions of mobile users in India and globally.Network 18 group have a few more apps on the way and we will have Mobango distribute them for us."

For further information, please contact:

Hanmer MS&L
Pritu Hait
Mobile: 9987003160