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 R City Offices, 10th Floor, LBS Marg, Ghatkopar (W), Mumbai, Mumbai, Mumbai, Maharashtra, India, 400086.

Which legal entities is Aerem associated with?

Aerem is associated with AEREM SOLUTIONS PRIVATE LIMITED and 1 other.

How many employees does Aerem have?

As of May 31, 2026, the latest employee count at Aerem is 157.

Is Aerem a funded company?

Aerem is a funded company, having raised a total of $36.2M across 10 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 27, 2020.

How much is Aerem worth?

The latest valuation of Aerem is $***** as of Jan 14, 2025.

When was the latest funding round of Aerem?

Aerem's latest funding was a $***** Series A round on Jan 21, 2026, with participation from 7 investors.

What is the annual revenue of Aerem?

Annual revenue of Aerem is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Aerem rank among its competitors?

Aerem ranks 3rd amongst 17 active competitors, of which 9 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Solfin, which secured $28.9M in May, 2026.

Who are the top competitors of Aerem?

Aerem's top competitors include Solfin, Ecofy and Credit Fair. Among them, Solfin secured the most recent funding round in May, 2026.

Aerem - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Solar fintech platform providing rooftop solar financing. It is focused on accelerating rooftop solar adoption in India through financial and ecosystem enablement. It operates as a solar fintech and infrastructure platform that simplifies the entire solar journey—from project planning to financing, installation, procurement, and long-term monitoring. It provides structured solar loans for residential, commercial, and industrial users, enabling customers to install solar systems without high upfront costs. It also supports EPC partners with working capital financing, supply chain support, and access to a verified installer network, helping streamline project execution.

Website: www.aerem.co/
Social
Email ID: *****@aerem.co
Phone Number: +91 **********
Registered Address: R City Offices, 10th Floor, LBS Marg, Ghatkopar (W), Mumbai, Mumbai, Mumbai, Maharashtra, India, 400086

Key Metrics

Founded Year

2018

Location

Mumbai, India

Stage

Series A

Total Funding

$36.2M in 10 rounds

Latest Funding Round

Series A, Jan 21, 2026, $*****

Post Money Valuation

$***** as on Jan 14, 2025

Investors

Blume Venture & 40 more

Ranked

3^rd among 17 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

157 as on May 31, 2026

Investment & Acquisitions

Spinkraft Ventures

Similar Companies

Solfin & 73 more

View Aerem's full profile

Aerem is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
NETZERO FINANCE PRIVATE LIMITED CIN: U65990MH2019PTC329440 , India, Active	Aug 19, 2019	₹10 - ₹50 Cr (As on Mar 31, 2026)	97 (As on May 31, 2026)
AEREM SOLUTIONS PRIVATE LIMITED CIN: U74110MH2018PTC313493 , India, Active	Sep 04, 2018	₹100 - ₹500 Cr (As on Mar 31, 2025)	60 (As on May 31, 2026)

Aerem has raised a total funding of $36.2M over 10 rounds. Its first funding round was on Jan 27, 2020. Its latest funding round was a Series A round on Jan 21, 2026 for $*****. 7 investors participated in its latest round. Aerem has 17 institutional investors and 24 angel investors.

Here is the list of recent funding rounds of Aerem:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 21, 2026	7759943	Series A	3560484	3799195	4141717	8663067
Apr 04, 2025	8039717	Conventional Debt	7119193	9456209	2228137	Avaana Capital Advisors & 5 more
Nov 30, 2024	1497781	Series A	3411441	6215813	UTEC	Avaana Capital Advisors & 5 more

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View details of Aerem's funding rounds and investors

The founders of Aerem is Samdeesh Mahajan.

Here are the details of Aerem's key team members:

Samdeesh Mahajan: AVP - Strategy, Founder's Office of Aerem and founder of 1 other company.
Contact Info: 1 email address

Aerem's Board of Directors

Aerem's board has 3 active members. Vikesh Pawan Kumar Agrawal and Anand Jain are part of team and Rahul Janardan Sankhe is independent board member.

Here is the list of Aerem's board of directors:

Name	Type	Representing	Status	Duration
Vikesh Pawan Kumar Agrawal	Team	-	Current	3y 5m
qizbv{b	Team	-	Past	4y 2m
Rahul Janardan Sankhe	Independent board member	-	Current	5y 3m

View details of Aerem's Founder profiles and Board Members

Aerem's employee count trend

Aerem has 157 employees as of May 26. The total employee count is 21.0% more than what it was in May 25. Here is Aerem's employee count trend over the years:

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Top competitors of Aerem include Solfin, Ecofy and Credit Fair. Here is the list of Top 10 competitors of Aerem, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Solfin 2022, Gurugram (India), Series C	Provider of SME loans for solar projects	$54.6M	Arham Investment, PointOne Capital & 19 others	71/100
2nd	Ecofy 2022, Mumbai (India), Series B	Financial solutions for the electric vehicle, solar, and SME sectors	$65.5M	British International Investment, Finnfund ... & 4 others	68/100
3rd	Aerem 2018, Mumbai (India), Series A	Solar fintech platform providing rooftop solar financing	$36.2M	SE Ventures, Anchorage Capital Partners & 39 others	65/100
4th	Credit Fair 2018, Mumbai (India), Acquired	Platform offering solar financing solutions	$26.8M	Nueva Capital, pi Ventures & 69 others	59/100
5th	Two Point O Capital 2024, Mumbai (India), Seed	Provider of financing solutions for energy transition projects and businesses	$6.3M	Omnivore, Calabasas Ventures & 9 others	57/100
6th	NetZero Finance 2023, Mumbai (India), Unfunded	Platform offering loan solutions	-	-	50/100
7th	cKers Finance 2017, Delhi (India), Series A	Provider of specialized debt financing to climate and sustainable energy focused startups	$5M	New Energy Nexus, IDBI trustee	47/100
8th	SKS Cleantech 2020, Mumbai (India), Seed	Provider of solar panels	$62.4K	-	42/100
9th	Greenfin 2018, Jaipur (India), Unfunded	Provider of financing solutions for solar, MSME, and EV charging infrastructure	-	-	39/100
10th	Greenifit 2019, Mumbai (India), Seed	Platform offering financial solutions	$426K	-	36/100

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Founders own 32.11%, Funds (largest shareholder) own 51.78%, Enterprises own 0.35% and Angels own 7.79%. The net worth of Aerem's founders is INR 119Cr as of Jan 14, 2025. The cap table displayed below is for AEREM SOLUTIONS PRIVATE LIMITED which is the legal entity associated with Aerem.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	32.11%	119Cr	6088321	4042361	6941408	9896571
Fund	51.78%	192Cr	2891205	7739958	5718667	2933394
Blume Venture	7864578	3169095	5635214	4854879	5039218	4427181
Avaana Capital Advisors	8333666	9786683	9430378	2914381	3621295	9771565
UTEC	4288745	8848800	1431751	5660982	1754361	4395510
British International Investment	791	511	241	692	140	587
Enterprise	0.35%	1.3Cr	0	0	0	0
Angel	7.79%	28.9Cr	9657235	9912684	6879548	8269015
Other People	2.37%	8.8Cr	91	18	59	80
ESOP Pool	5.59%	20.8Cr	82835	74181	65073	22609
Total	100.00%	371Cr	7359575	4273871	8912991	6671235