Aerem

Mumbai, India Founded: 2018 • Age: 8 yrs
Solar financing, equipment, and monitoring solutions are provided for customers.
Annual revenue $170,535 Latest available
Total funding $36.2M 11 rounds
Employees 43 Tracked headcount
Investors 37 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

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
  • Sectors
    Technology
    Financial Services Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • 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
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $170.54 K (USD)
    -2.67
    as on Mar 31, 2023
  • Net Profit
    -$305.51 K (USD)
    -373.6
    as on Mar 31, 2023
  • EBITDA
    -$273.62 K (USD)
    -296.45
    as on Mar 31, 2023
  • Total Equity Funding
    $36.22 M (USD)

    in 11 rounds

  • Latest Funding Round
    $15 M (USD), Series A

    Jan 21, 2026

  • Investors
  • 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.

Product name locked
Category locked
Primary

Service for tailored solar loans to residential and commercial users

Product name locked
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Platform for procuring quality solar equipment from top brands

Product name locked
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Inverter-agnostic portal for solar performance tracking

Product name locked
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Support for working capital in solar equipment procurement

People of Aerem

Headcount 10-50
Employee Profiles 15
Employee Profiles
People
Sparsh Chaudhari
Product Manager- Lending And SCF
People
Tanmay Gupta
Manager-marketing
People
Vikesh Agrawal
Co-founder & COO
People
Aniket Gorde
Software Quality Assurance Team Lead

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Avaana Capital is engaged in venture capital investments for deep tech startups.
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Seed and Early stage VC firm investing in Japan
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Government agency focused on small and medium-sized businesses
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Investor details for Aerem

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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.

Investments
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Investment portfolio details for Aerem

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of quality solar products and solutions for sustainable energy needs
Locked Locked 2021 Locked
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Complete acquisition details for Aerem

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Financial Statements - Aerem

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Detailed financials for Aerem

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Aerem Comparisons

Aerem Primary company
Description
Solar financing, equipment, and monitoring solutions are pro...
Location
Mumbai, India
Founded Year
2018
Annual Revenue
$170.54 K (USD)
Net Profit
-$305.51 K (USD)
EBITDA
-$273.62 K (USD)
Employees
43
As of 2024
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Peer comparison for Aerem

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Financial solutions for the electric vehicle, solar, and SME sectors
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Financing solutions for energy transition and sustainable growth are provided.
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Green financing is provided via an online lending platform.
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Clean technologies are linked to financial solutions for green investments.
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AI tools for B2B demand generation, growth hacking, and sales transformation.
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Operational infrastructure solutions for solar energy projects are provided.
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Detailed competitors of Aerem

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Latest news on Aerem

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Complete news archive for 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 current CEO of Aerem. They have also founded this company.

Aerem is a funded company, having raised a total of $36.22M across 11 funding rounds to date.

As of Aug 11, 2024, the latest employee count at Aerem is 43.

Annual revenue of Aerem is $170.54K as on Mar 31, 2023.

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 Greenifit.

Aerem offers Rooftop Solar Loan, SunStore, AeROC Monitoring, and Supply Chain Financing.

Aerem has made 1 acquisition, including Spinkraft Ventures.

The valuation of Aerem is $42.82M as of Nov 2024.

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