Shares of Billionbrains Garage Ventures, the parent of online broker Groww, jumped as much as 13% on Friday to Rs 162.65 on the BSE after Jefferies initiated coverage on the stocks with a ‘buy’ rating, arguing that India’s largest retail brokerage by active clients is following a Robinhood-style playbook that could deliver a 35% compound … Read more
Bitcoin’s rally to near a record high is reawakening animal spirits — not just in the cryptocurrency market itself, but in the broader financial world that had left the digital asset sector for dead last year. The change of heart can be seen in the improved outlook for deal flow, highlighted by Robinhood Markets Inc.’s … Read more
By Matthew Monks and Michelle F. Davis Robinhood Markets Inc. is seeking to boost its bank loans ahead of an initial public offering, according to people familiar with the matter. The company, which pitches its trading platform to novice investors, has been holding talks with lenders about adding to its revolving credit lines, said the … Read more