Aerem Raises Rs 1 billion to Scale Solar Operations

08 Apr 2025 CW Team

Aerem, a Mumbai-based solar technology startup, has raised Rs 1 billion in a Series A funding round led by Japan’s University of Tokyo Edge Capital (UTEC). Other investors include British International Investment, SE Ventures, Riverwalk Holdings, Avaana Capital and Blume Ventures.

Established in 2021 by Anand Jain and Vikesh Agarwal, Aerem provides integrated clean energy solutions through its ecosystem comprising NetZero Finance and SunStore. NetZero Finance, its non-banking financial company, supports customers with affordable finance, while SunStore is a B2B marketplace for solar equipment.

Aerem has enabled over eight hundred megawatts of solar installations across sixty-five Indian cities. With more than two thousand verified solar installers onboarded, the company ensures accessibility and trust for customers.

The newly raised funds will be utilised to expand Aerem’s reach, especially in southern and eastern India, while upgrading its technology platform to offer greater transparency and efficiency.

Aerem aims to solve key pain points for micro, small and medium enterprises and homeowners, who often face difficulties accessing quality solar products and financing.

The company’s integrated platform is aligned with India’s renewable energy goals and supports its transition towards a cleaner and more sustainable future.

Real Estate

11 May 2026

Brigade, Marriott Open Courtyard Kochi Infopark

Brigade Hotel Ventures (BHVL) and Marriott International have opened Courtyard by Marriott Kochi Infopark, a rebranded and upgraded hotel formerly operating as Four Points by Sheraton Kochi Infopark.Located in Kakkanad adjoining Infopark Kochi, the 218-room property strengthens Brigade’s hospitality portfolio in one of the city’s key IT and commercial corridors. The hotel is positioned to cater to corporate, MICE and leisure travellers visiting Infopark, SmartCity and other business hubs in Kochi.The property offers flexible workspaces, smart TVs and high-speed WiFi across rooms and suites..

WorkEZ Expands South India Portfolio to 1.7 Mn Sq Ft

Work Easy Space Solutions (WorkEZ) has expanded its managed workspace portfolio to approximately 1.7 million sq. ft. across 12 operational buildings and two upcoming developments, strengthening its footprint across South India.The expansion includes the addition of 65,000 sq. ft. at Phoenix One National Park in Chennai and the company’s entry into Kochi through a partnership with Lulu Developers, adding another 70,000 sq. ft.WorkEZ has also signed a 0.4 million sq. ft. development in Coimbatore with Veeras Infra following the successful leasing of 0.1 million sq. ft. in the first phase. The ..

Stans Arize Allots 111 Homes Within a Week of Launch

The Mandate House has recorded sales of 111 residential units worth over Rs 1 billion within one week of the launch of Stans Arize, a residential development by Stans Buildtech in Jogeshwari (East), Mumbai.The Mandate House, appointed as the exclusive sales partner for the project, managed the end-to-end sales and marketing strategy for the launch.Located at Janata Colony, Gandhi Nagar, Stans Arize is a 23-storey residential tower comprising one and two-bedroom apartments. The project includes amenities such as a swimming pool, fitness centre, jogging track, yoga and meditation area, moss gard..