Moneycontrol.com's M3 Mobile Application available on Mobango Application Store, enables its users to view real time stock quotes and watch CNBC channel on mobile.
The live TV function is only available with high speed networks like 3G or CDMA services and will only stream CNBC, the business channel of Network 18 group.
The application can be downloaded free of charge from m.mobango.com or from moneycontrol.com's own website. Network18, which is the parent company of moneycontrol.com is also planning to come out of more mobile applications in the near future which it will host on Mobango.
Speaking on this initiative Joyson Thomas, COO Moneycontrol says "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."
Badri Sanjeevi, COO Mobango says, "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."
Mobango is subsidiary of Mauj Mobile and part of People Group that owns Shaadi.com and Makaan.com.
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