About Aerem
Aerem is a Technology company based in Mumbai (India) founded in 2018 by Anand Jain and Vikesh Agrawal. Solar financing, equipment, and monitoring solutions are provided for customers. It operates in the Technology, Financial Services, and Energy & Utilities sectors. 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. Aerem has completed 1 acquisition, including Spinkraft Ventures. Aerem was last valued at $42.82 million in November 2024. Its chief executive, as recorded, is Anand Jain. Its Indian entity Aerem Solutions Private Limited reported revenue of ₹5.16 Cr. Aerem offers products and services including Rooftop Solar Loan, SunStore, AeROC Monitoring, and Supply Chain Financing. Its focus areas include Energy Tech, Renewable Energy Tech, Solar Energy and Solar Financing. Its competitors include Ecofy, Two Point O Capital and Neufin; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 43
- Founders Anand Jain, Vikesh Agrawal
- Stage Minicorn
- SectorsTechnologyFinancial Services Energy & Utilities
- Email••••••••
- Phone•••• ••••
- Website aerem.co
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Aerem Solutions Private Limited
- Date of Incorporation 04 Sep, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹5.16 Cr
FY 2025 · +58% YoY
- Net Loss-₹11.14 Cr
FY 2025 · -4% margin
- EBITDA-₹2.14 Cr
FY 2025 · -1% margin
- Total Equity Funding$36.22M (USD)
in 11 rounds
- Latest Funding Round$15M (USD), Series A
Jan 2026
- InvestorsSchneider Electric
& 36 more
- Employee Count43
- Investments & Acquisitions
Associated legal entities of Aerem
Aerem is associated with 2 registered companies on The Company Check; the primary company is Aerem Solutions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aerem Solutions Private Limited CIN U74110MH2018PTC313493 | Active | 04 Sep 2018 | Mumbai, Maharashtra | ₹5.2 Cr | 43 | 3 | View details |
| Netzero Finance Private Limited CIN U65990MH2019PTC329440 | Active | 19 Aug 2019 | Mumbai, Maharashtra | ₹28.9 Cr | 108 | 3 | View details |
Products & Services of Aerem
Aerem offers a comprehensive portfolio of products and services, including Rooftop Solar Loan, SunStore, AeROC Monitoring, and Supply Chain Financing.
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
Apps and channels of Aerem
Aerem publishes 1 mobile app with over 500 downloads; its YouTube channel Aerem has 398 subscribers and 28 videos.
Videos from Aerem
The most watched videos on Aerem's YouTube channel, Aerem (398 subscribers). Click a video to play it here.
More on Aerem .
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 $36.22M
- Total Rounds 11
- Last Round Series A — $15M
- First Round $14,011
(Jan 2020)
- Investors Count 37
Latest 10 of 11 funding rounds of Aerem with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2026 | $15M | Series A | – | – | |
| Apr 2025 | Debt – Conventional | – | – | ||
| Nov 2024 | $11.83M | Series A | $42.82M | UTEC | |
| Mar 2024 | $1.2M | Seed | $35.61M | Blume Ventures | – |
| Mar 2023 | $1.5M | Debt – Conventional | $••••• | – | – |
| Mar 2023 | $5M | Seed | – | Avaana Capital Advisors, Firstport Capital | |
| Oct 2022 | $181,898 | Seed | $••••• | Anchorage Capital Partners, Anchorage Capital Partners | – |
| Mar 2022 | $2.5M | Seed | $••••• | Blume Ventures | – |
| Jun 2020 | $211,714 | Grant | – | – | |
| Mar 2020 | $499,971 | Seed | $••••• | Rashida Somil Maredia, Ashish Sisodia |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2024 | $42.82M | •••••••• |
| Mar 2024 | $35.61M | •••••••• |
| Mar 2023 | $••••• | •••••••• |
| Oct 2022 | $••••• | •••••••• |
| Mar 2022 | $••••• | •••••••• |
| Mar 2020 | $••••• | •••••••• |
Full valuation and stage history of Aerem
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $42.82M (Nov 2024). 37 investors in total: 15 institutional and 22 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Avaana Capital is engaged in venture capital investments for deep tech startups. | avaanacapital.com | Mumbai, India | ||
Seed and Early stage VC firm investing in Japan | ut-ec.co.jp | Tokyo, Japan | ||
Government agency focused on small and medium-sized businesses | 1948 | bii.co.uk | London, United Kingdom | |
Investments in energy tech startups are made by SE Ventures. | seventures.com | |||
Venture capital fund investing in multiple sectors | 2021 | riverwalkholdings.com | Gurugram, India | |
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
Venture capital investment in tech-startups | Gurugram, India | |||
Venture debt funding and structured finance for innovative startups in India. | 2018 | alteriacapital.com | Mumbai, India | |
Investments in seed-stage companies focused on energy, infrastructure, and sustainable technology. | 2015 | agamiventures.in | Mumbai, India | |
Startup investments are facilitated by Anchorage Capital Partners. | anchoragecap.in | Mumbai, India |
Investor details for Aerem
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Aerem Solutions Private Limited (Aerem)
Aerem Solutions Private Limited is the primary company behind Aerem. The boards of the 2 registered companies of Aerem currently have 4 directors; the longest-serving is Anand Rajkumar Jain, appointed in 2019. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anand Rajkumar Jain DIN 03099390 | Director | 19 Aug 2019 | 7 yrs 2 mo | Netzero Finance Private Limited, Aerem Solutions Private Limited |
| Sathyan David DIN 08386521 | Director | 27 May 2020 | 6 yrs 5 mo | Netzero Finance Private Limited |
| Vikesh Pawan Kumar Agrawal DIN 06703037 | Director | 07 Jun 2021 | 5 yrs 5 mo | Netzero Finance Private Limited, Aerem Solutions Private Limited |
| Rahul Janardan Sankhe DIN 02890888 | Director | 02 Jul 2021 | 5 yrs 4 mo | Aerem Solutions Private Limited |
People of Aerem
15 people are tracked at Aerem (6 in leadership, 9 in team); the tracked headcount is 43.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & COO | Leadership | |
Himanchal Rai | Head Co-lending And Partnerships | Leadership |
Mani Svs | Head Of Engineering | Leadership |
Falak Parikh | Associate Vice President | Leadership |
Sriram Inani | Head Credit & Ops | Leadership |
Sparsh Chaudhari | Product Manager- Lending And SCF | Team |
Tanmay Gupta | Manager-marketing | Team |
Aniket Gorde | Software Quality Assurance Team Lead | Team |
Suba Surya Prakash M | Devops Application Engineer | Team |
Anshul Jain | Senior Product Manager | Team |
Sonu Shahuji | Sr. Software Engineer | Team |
Brati Pradhan | Software Engineer | Team |
Ankit Giri | Channel Business Manager | Team |
Kirti Upadhyay | Product Manager | Team |
Complete people profiles for Aerem
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Aerem
Figures of Aerem Solutions Private Limited, the primary company behind Aerem, for FY 2025. Revenue was ₹5.16 Cr (+58% year on year). Net loss was -₹11.14 Cr (-4% margin). EBITDA was -₹2.14 Cr (-1% margin).
- ₹5.16 CrRevenue · FY 2025 · +58% YoY
- -₹11.14 CrNet loss · -4% margin
- -₹2.14 CrEBITDA · -1% margin
- ₹6.92 CrPaid-up capital
- 43Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Aerem Solutions Private Limited are on its company page.
Detailed financial statements for Aerem
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Investments & Acquisitions by Aerem
Aerem has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Spinkraft Ventures.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of quality solar products and solutions for sustainable energy needs | spinkraft.com | Mumbai, India | 2021 | May 2024 | •••• |
Complete acquisition details for Aerem
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Aerem
5 dated milestones of Aerem across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Aerem is founded.
- Funding First funding round of $14K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Spinkraft Ventures.
- Funding Latest funding round, Series A, of $15.0M.
Competitors of Aerem
Aerem has 3 listed competitors in our database, 3 of them funded. They include Ecofy, Two Point O Capital and Neufin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ecofy.co.in | 2022 | Mumbai, India | $10.82M | 286 | Financial solutions for the electric vehicle, solar, and SME sectors | |
| twopointo.capital | 2024 | Mumbai, India | $6.3M | Financing solutions for energy transition and sustainable growth are provided. | ||
| neufin.co | 2022 | Mumbai, India | $971,632 | 9 | Green financing is provided via an online lending platform. |
Detailed competitors of Aerem
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Aerem
The website of Aerem (aerem.co) receives about 8.7K visits a month.
- Monthly visits8.7K
▲ 59.1% vs previous month
Websites whose visitors overlap most with Aerem. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cioinsiderindia.com | 100% | #3,984,993 | View details | ||
| navadhan.com | 28% | 1.6K | #10,059,990 | View details |
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Aerem (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 549.14 M | 3,823 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Aerem
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Frequently Asked Questions about Aerem
Aerem was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Aerem is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Anand Jain is the CEO of Aerem, as recorded in our data. They have also founded this 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 Seed of $499.97K, raised on Jan 2020.
Aerem has 43 employees.
The primary company behind Aerem, Aerem Solutions Private Limited, reported revenue of ₹5.16 Cr for FY 2025, up 58% year on year.
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.
Aerem's top competitors include Ecofy, Two Point O Capital and Neufin.
Aerem offers Rooftop Solar Loan, SunStore, AeROC Monitoring, and Supply Chain Financing.
Aerem has made 1 acquisition, including Spinkraft Ventures.
Aerem has 37 investors. Key investors include Schneider Electric, Alteria Capital, British International Investment, Riverwalk Holdings, and Agami Ventures.
The valuation of Aerem is $42.82M as of Nov 2024.