Aerem Solutions Private Limited: Detailed Market Research Report



1. Company Overview



Name


  • Aerem Solutions Private Limited


Mission


  • Aerem aims to combine deep domain expertise in solar, finance, and technology to accelerate the adoption of solar energy. The company is acknowledged for creating a triple-bottom-line impact through clean energy solutions.


Founding Details


  • Founded By: Anand Jain is a noted founder among the executive team.

  • Year of Foundation: No information is available


Key People


  • Anand Jain - Co-Founder & CEO: With over 20 years of experience spanning companies like SunEdison, KPMG, and Barclays, leading Aerem towards impact-driven goals.

  • Vikesh Agrawal - Co-Founder & COO: Holds 20+ years in global finance, formerly with PwC, EY, and Edelweiss.

  • Mani SVS - Head of Technology: Holds expertise in Fintech and IoT with over 20 years of experience.

  • Pravesh Bhargava - Executive Director - Marketplace: Experienced in renewable sectors, overseeing marketplace operations.

  • Many other key figures with various responsibilities such as Head of Marketplace, Enterprise Sales, Credit & Ops, etc.


Headquarters


  • No specific headquarters location mentioned.


Number of Employees


  • Approximately 150+ employees, known as ‘Aeremeans’


Revenue


  • No information is available


Company Recognition


  • Aerem is acknowledged for its seamless delivery in solar energy solutions, offering digital solar loans, marketplace services, and technology-driven initiatives. It is particularly known for its digital lending platform, marketplace, and SolarTech ecosystem.


2. Products



Product Offerings


  • Rooftop Solar Loan: Tailored for residential, commercial, and industrial sectors.

  • SunStore: An online marketplace for high-quality solar equipment.

  • Supply Chain Financing: Financial solutions for solar equipment procurement.

  • AeROC Monitoring: A dashboard platform for solar portfolio monitoring.

  • Design Services: Supported by Aerem's solar engineering team, offers design utilities for solar projects.


Product Descriptions and Key Features


  • Rooftop Solar Loan: Offers flexible financing solutions through a fully digital process.

  • SunStore: Provides access to top-quality equipment ensuring competitive pricing.

  • Supply Chain Financing: Augments working capital needs for EPC partners.

  • AeROC Monitoring: Real-time monitoring to maintain the health of solar assets.

  • Design Services: Professional design support for optimal solar installation.


3. Recent Developments



New Products and Features


  • No new product launches reported apart from the existing product range.


Partnerships


  • Panasonic has partnered with Aerem to provide financing to its solar customers.

  • Aerem has announced strategic acquisitions, such as Spinkraft Ventures, and partnerships like the one with Bank of Baroda.


Funding and Investments


  • Raised $5 million led by Avaana Climate Fund, showcasing investor confidence in their sustainable initiatives.


Strategic Moves


  • Aerem is reported to support SMEs in transitioning to solar energy with its solutions, reinforcing its impact in the clean technology space.


4. Testimonials



  • Mr. Darshan Shah (SunBuy): Highlights Aerem's commitment to providing leads, financial assistance, design, and procurement support.

  • Mr. Krishna (Dynamic Solar Solutions Pvt. Ltd.): Appreciates financial and technical support enabling business growth.

  • Mr. Ashok Rajkumar (Balaji Renewables): Recognizes Aerem as an extension of their team providing strategic depth.


5. Environmental Impact



  • Enabled over 450+ MW of solar installations, generated approximately 15+ billion lifetime units, and avoided over 13+ million tonnes of CO2, equating to 30+ million trees.


6. Additional Information



Industry Focus


  • Aerem operates within the FinTech and CleanTech domains, integrating financial solutions with clean energy initiatives.


Blogs and Learning


  • Aerem offers educational content such as blogs focusing on solar technology, solar financing, and industry best practices.


Careers


  • Aerem fosters a collaborative work culture valuing mutual support, participation, and recognition among its team.


Note: Certain sections have not been included due to the unavailability of information.