About Aerem
Aerem is a company based in Mumbai (India) founded in 2018 by Anand Jain and Vikesh Agrawal.. Aerem has raised $36.22 million across 11 funding rounds from investors including Schneider Electric, Alteria Capital and British International Investment. The company has 43 employees as of August 11, 2024. Aerem has completed 1 acquisition, including Spinkraft Ventures. Aerem offers products and services including Rooftop Solar Loan, SunStore, AeROC Monitoring, and Supply Chain Financing. Aerem operates in a competitive market with competitors including Ecofy, Two Point O Capital, Neufin, Greenifit and Trustflow, among others.
- Headquarter Mumbai, India
- Employees 43 as on 11 Aug, 2024
- Founders Anand Jain, Vikesh Agrawal
- Stage Minicorn
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Sectors
TechnologyFinancial Services Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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- Legal Name Aerem Solutions Private Limited
- Date of Incorporation 04 Sep, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$170.54 K (USD)-2.67as on Mar 31, 2023
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Net Profit
$-305.51 K (USD)-373.6as on Mar 31, 2023
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EBITDA
$-273.62 K (USD)-296.45as on Mar 31, 2023
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Total Equity Funding
$36.22 M (USD)
in 11 rounds
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Latest Funding Round
$15 M (USD), Series A
Jan 21, 2026
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Investors
Schneider Electric
& 36 more
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Employee Count
43
as on Aug 11, 2024
- Investments & Acquisitions
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Products & Services of Aerem
Aerem offers a comprehensive portfolio of products and services, including Rooftop Solar Loan, SunStore, AeROC Monitoring, and Supply Chain Financing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for tailored solar loans to residential and commercial users
Platform for procuring quality solar equipment from top brands
Inverter-agnostic portal for solar performance tracking
Support for working capital in solar equipment procurement
Unlock access to complete
Funding Insights of Aerem
Aerem has successfully raised a total of $36.22M across 11 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in January 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series A — $15.0M
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First Round
First Round
(27 Jan 2020)
- Investors Count 37
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Series A - Aerem | Valuation |
investors |
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| Apr, 2025 | Amount | Debt – Conventional - Aerem | Valuation |
investors |
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| Nov, 2024 | Amount | Series A - Aerem | Valuation | UTEC |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aerem
Aerem has secured backing from 37 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Schneider Electric, Alteria Capital and British International Investment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Avaana Capital is engaged in venture capital investments for deep tech startups.
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Founded Year | Domain | Location | |
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Seed and Early stage VC firm investing in Japan
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Founded Year | Domain | Location | |
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Government agency focused on small and medium-sized businesses
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aerem
Aerem has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Spinkraft Ventures. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of quality solar products and solutions for sustainable energy needs
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2021 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Aerem
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aerem Comparisons
Competitors of Aerem
Aerem operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ecofy, Two Point O Capital, Neufin, Greenifit and Trustflow, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial solutions for the electric vehicle, solar, and SME sectors
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| domain | founded_year | HQ Location |
Financing solutions for energy transition and sustainable growth are provided.
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| domain | founded_year | HQ Location |
Green financing is provided via an online lending platform.
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| domain | founded_year | HQ Location |
Clean technologies are linked to financial solutions for green investments.
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| domain | founded_year | HQ Location |
AI tools for B2B demand generation, growth hacking, and sales transformation.
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| domain | founded_year | HQ Location |
Operational infrastructure solutions for solar energy projects are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aerem
Frequently Asked Questions about Aerem
When was Aerem founded?
Aerem was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Aerem located?
Aerem is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Aerem?
Anand Jain is the current CEO of Aerem. They have also founded this company.
Is Aerem a funded company?
Aerem is a funded company, having raised a total of $36.22M across 11 funding rounds to date. The company's 1st funding round was a Series A of $11.83M, raised on Jan 27, 2020.
How many employees does Aerem have?
As of Aug 11, 2024, the latest employee count at Aerem is 43.
What is the annual revenue of Aerem?
Annual revenue of Aerem is $170.54K as on Mar 31, 2023.
What does Aerem do?
Aerem was founded in 2018 in Mumbai, India, within the solar energy sector. Solar financing options, including loans for residential, commercial, and industrial users, are offered alongside equipment from established brands. Monitoring services are included to support adoption. The platform streamlines procurement for engineering, procurement, and construction firms as well as end-users, enabling access to competitive pricing. Operations focus on businesses across India to facilitate solar integration processes.
Who are the top competitors of Aerem?
Aerem's top competitors include Ecofy, Two Point O Capital and Greenifit.
What products or services does Aerem offer?
Aerem offers Rooftop Solar Loan, SunStore, AeROC Monitoring, and Supply Chain Financing.
How many acquisitions has Aerem made?
Aerem has made 1 acquisition, including Spinkraft Ventures.
Who are Aerem's investors?
Aerem has 37 investors. Key investors include Schneider Electric, Alteria Capital, British International Investment, Riverwalk Holdings, and Agami Ventures.
What is Aerem's valuation?
The valuation of Aerem is $42.82M as of Nov 2024.