Benitago Group raises $55m and aims for largest seller status on Amazon

Benitago Group, a startup that buys and grows Amazon businesses, has raised $55 million in seed funding.

The New York-based venture has bagged a combination of debt and equity from Coventure.

According to the venture’s LinkedIn profile: “We believe that the big conglomerates are outdated in our new e-commerce world and don’t know how to serve consumers online. We can do better.”

“And Amazon is our platform to do so. We’re on a mission to become the number one largest seller on Amazon. We achieve this by building iconic brands in-house and by acquiring other strategic brands.”

“We succeed because we hire smart, capable, highly adaptable people who have a strong drive to excel. Our culture is collaborative, hard working, friendly and flexible.”

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