Aerem Bags $15 Million to Power India's Solar Financing Growth – Whalesbook

Solar financing startup Aerem has secured $15 million in pre-Series B funding, with Sumitomo Mitsui Banking Corporation's VC arm, SMBC Asia Rising Fund, leading the round. The capital infusion will bolster its engineering, procurement, and construction (EPC) and installer partner network, expand its pan-India reach, and accelerate solar adoption among micro, small, and medium enterprises (MSMEs) and households. Aerem integrates finance, EPC, equipment sourcing, and monitoring to streamline the solar installation process.

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