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Aerem Raises ₹100 Crore in Series A from by UTEC, BII & SE Ventures to Fulfil India's Massive Potential of Distributed Solar

Aerem Raises ₹100 Crore in Series A from by UTEC, BII & SE Ventures to Fulfil India's Massive Potential of Distributed Solar

We’re excited to share that Aerem, India’s leading end-to-end solar platform, has raised ₹100 crore in Series A funding to drive our mission of unlocking India’s vast distributed solar potential. The round was led by UTEC (University of Tokyo Edge Capital Partners), with participation from British International Investment (BII), SE Ventures (backed by Schneider Electric), Riverwalk Holdings, and existing investors Blume Ventures and Avaana Capital.
Aerem Raises $5M Funding by Avaana Climate Fund
Investments
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Aerem Raises $5M Funding by Avaana Climate Fund

Aerem, a solar tech platform, raised $5M in Pre-Series A funding, led by Avaana Capital with follow-on investment from Blume Ventures and $1.5M debt financing.