Here's Why Raunak Nirmal Made the 2022 Forbes 30 Under 30 List

Image Via Forbes: Guerin Blask for Forbes

Raunak Nirmal, the 29-year-old Sikh co-founder and CEO of Acquco made the prestigious Forbes Magazine’s Forbes 30 Under 30 list, featured as an honoree for the Retail and E-commerce category. According to Forbes, one of the leading international media companies specializing in business and technology, “Acquco is one of the largest and fastest-growing aggregators of companies that sell on Amazon”. Its rapid growth is evidenced by the fact that Nirmal has generated over 160 Million to acquire businesses that were projected to generate over 250 million in revenue by 2021. Nirmal emigrated from India at 7 years old. As a child, his parents encouraged his independence and curiosity, resulting in the development of his first online business at 14 years old. The income generated from Nirmal’s business was later used to fund his education and future professional development.

Following Nirmal’s graduation from Cornell University, he and his co-founders Wiley Zhang utilized their exclusive technology and international expertise in their acquisitions. The co-founders of Acquco have “launched and successfully exited several multi-million dollar Amazon brands” over the past 5 years. Other accomplishments of Acquco include establishing a third-party service to assist merchants with asset recovery from Amazon, the creation of an outsourcing firm to assist merchants with economizing their business and collaborating with Amazon to develop an internal project that is estimated to generate 1 billion dollars in revenue. Nirmal and Zhang are revolutionizing the world of e-commerce.