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Investors

$34.5M raised from 6 institutional investors.

Aerem is backed by a global coalition of banking capital, industrial strategic investment, development finance, climate capital, academic venture, and early-stage Indian venture -- each invested for reasons that are specific to their institutional mandate, and each having completed independent due diligence before committing.

$34.5M raised 6 institutional investors RBI-licensed NBFC

Our investors

Schneider Electric
Strategic Industrial Investor

Schneider Electric is the world's leader in energy management and automation, operating in more than 100 countries with revenues exceeding $40 billion. As a strategic investor in Aerem, Schneider Electric provides both capital and commercial validation: Aerem's installer network distributes Schneider-compatible equipment, and Aerem's monitoring platform integrates with Schneider's energy management infrastructure.

"As the world's leader in energy management, we see Aerem solving the last-mile problem in Indian solar. Their installer network combined with digital underwriting creates the distribution layer the market has been missing."

SMBC
Strategic Banking Investor

Sumitomo Mitsui Banking Corporation is one of Japan's largest banks, with total assets exceeding $2 trillion and a global infrastructure financing portfolio spanning energy, transportation, and development projects. SMBC's investment in Aerem followed a 12-month due diligence process covering the NBFC's regulatory compliance, underwriting methodology, and loan portfolio performance.

"Aerem's platform approach to distributed solar financing mirrors the infrastructure plays we have backed globally. India's rooftop solar market requires patient capital paired with technology -- Aerem delivers both."

BII
Development Finance Institution

British International Investment is the UK government's development finance institution, investing in companies that generate both financial returns and development impact across Asia and Africa. BII applies dual return criteria: commercial viability and measurable development contribution. Aerem satisfies both -- distributing clean energy access to residential households while generating returns from an RBI-licensed lending operation.

"India needs 40 GW of rooftop solar by 2030. That won't happen without accessible financing for homeowners and reliable revenue for installers. Aerem's model addresses both sides of the equation."

Blume Ventures
Early-Stage Indian Venture Capital

Blume Ventures is one of India's most respected early-stage venture capital funds, with a portfolio of companies including Unacademy, Dunzo, and Purplle. Blume led Aerem's seed round in 2020, before the NBFC license was granted and before the installer network had reached scale. Their thesis was based on the founding team's insight rather than the metrics -- a bet that proved accurate.

"We backed Aerem early because the founding team understood that solar adoption in India is a financing problem, not a technology problem. Five years later, 3,200 installer partners prove the thesis."

UTEC
Academic Venture Capital

University of Tokyo Edge Capital Partners invests in companies with deep technology or regulatory infrastructure advantages. UTEC's investment in Aerem reflects an assessment that the NBFC license, the underwriting technology, and the monitoring infrastructure represent a structural advantage that is not replicable through capital expenditure alone.

"Aerem combines deep fintech infrastructure with real-world energy distribution in a way that few companies globally have achieved. The NBFC license gives them a structural advantage no pure-play solar company can replicate."

Avaana Capital
Climate Venture Capital

Avaana Capital backs companies that address climate change while generating commercial returns. Their portfolio includes companies across clean energy, sustainable agriculture, and circular economy. Avaana's investment in Aerem reflects a thesis that distributed solar -- at the residential scale -- represents one of India's highest-impact, commercially viable climate interventions.

"Aerem sits at the intersection of climate impact and commercial viability. Every megawatt they enable displaces coal generation while generating real returns for installers and investors alike."

What institutional backing means.

When SMBC -- Japan's second-largest bank -- invests in Aerem, it signals that our NBFC infrastructure meets the standards of financial due diligence applied to global lending operations. When Schneider Electric invests, it means our equipment standards and technical platform are validated by the world's foremost authority on energy management.

This is not capital alone. It is institutional validation from six organisations with independent standards, independent mandates, and independent reputational exposure. Every investor listed above conducted its own due diligence process before committing.

Due diligence covered:

  • NBFC regulatory compliance (RBI Certificate of Registration, KYC norms, Fair Practice Code adherence)
  • Underwriting methodology and loan portfolio performance
  • Installer certification standards and quality audit processes
  • Technology infrastructure (AeROC, PartnerApp, digital underwriting)
  • Financial projections including unit economics at scale
$34.5M
Total Raised
6
Institutional Investors
2019
Founded
2021
RBI-licensed NBFC

See what we have built with this capital.

Download investor fact sheet (PDF)

We respond to investor inquiries within 48 hours. Contact: investors@aerem.co