Solar financing platform Aerem raises $2.5 M led by Blume

Mumbai-headquartered solar financing platform Aerem has raised USD 2.5 million in pre-Series A funding led by Blume Ventures. The fresh capital will be used for growing the loan book, building a tech platform that would enable end-to-end digital interaction with stakeholders and to hire teams, including leadership, in technology, product, finance, and operations. Aerem's platform addresses key points of friction hindering adoption of rooftop solar for MSMEs.