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.