Announced
Financials
Sources
Tags
Acquisition
Minority
Private
Private Equity
Domestic
Pending
Venture Capital
E-commerce
e-retailing
United States
Friendly
third-party sellers
Synopsis
An investment consortium led a $160m Series A round in Acquco, a platform focused on acquiring third-party sellers on Amazon. The round's participants include CoVenture, Singh Capital Partners, Crossbeam, and other investors such as Aman Bhutani, GoDaddy CEO. "My unique experience at Amazon originating and leading core initiatives with over $1bn in annual revenue impact provided me deep insights into the primary pain points and challenges that Amazon sellers face everyday. Combining these perspectives with over 7 years of direct experience operating and innovating within the Amazon ecosystem has allowed me to generate a truly differentiated edge and understanding of the Amazon universe," Raunak Nirmal, Acquco Founder and CEO.
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