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AEREM FUNDING
Fintech funding holds at $513 million in Q1 2026, even as deal count collapses 54%: ReportIndia's fintech sector saw $513 million in funding in the first quarter of 2026. Capital is now going to fewer companies, with larger inves...
Deepinder Goyal goes beyond Eternal; PSU banks enter QR battleHappy Thursday! Deepinder Goyal steps down as Eternal CEO, with Albinder Dhindsa set to take over. This and more in today’s ETtech Morning ...
Solar platform Aerem raises $15 million from Sumitomo Mitsui’s venture arm, othersAerem Solutions has raised $15 million (Rs 136 crore) in a round led by the SMBC Asia Rising Fund, the venture capital (VC) arm of Japan’s ...
Aerem Solutions secures Rs 136 crore in Pre-series-B fundingAerem Solutions secured $15 million in Pre-series-B funding. This investment will bolster its digital platform for solar energy. The compan...
VC firm Avaana Capital appoints Vikas Verma as partner, promotes Shruti SrivastavaFounded in 2018, Avaana Capital has backed startups such as Aerem, Amperehour, Eeki Foods, Kazam, Turno and GreenGrahi, and has previously ...
Solartech startup Aerem raises Rs 100 crore in round led by Japan-based UTECBritish International Investment, SE Ventures, Riverwalk Holdings, and Avaana Capital participated in the round, which was a mix of equity ...
India’s tariff silver lining; Krutrim’s hiring pushHappy Friday! High tariffs may reduce India’s electronics exports to the US, but its edge over China and Vietnam could drive growth. This a...
IPV to invest Rs 150-200 crore in startups this year; exits 14 firms with 61% returnThe company announced partial and full exit from 14 firms with an average 61 per cent internal rate of return in 2023. "We have made a tota...
Musk-Modi US bonhomie and Tesla’s India plans; Mumbai drone startup Ideaforge's IPO journeyTesla will vroom into India “as soon as humanly possible”, says its boss Elon Musk. The Twitter CEO was addressing reporters after his meet...
Avaana Capital secures $70 million in first close for climate fundAvaana Capital is targeting a total corpus of $100-125 million for the fund, which will focus its investments in three sectors that it said...
Corporate funding in global solar sector grows 11 pc to USD 8.4 billion in Jan-Mar: Mercom reportCorporate funding in the global solar sector increased by 11% YoY to $8.4bn in Q1 2023, a new report has revealed. Venture capital, debt, a...
ETtech Deals Digest: startups see rise in funding this week led by Lenskart, PhonePeTotal of $782 million was poured into Indian startups in this week across 25 rounds, a 34% jump compared to the same period last year when ...
TCS CEO Rajesh Gopinathan unexpectedly resigns, K Krithivasan to take over; e-pharmacies look to make a case to health ministryUnder Gopinathan's tenure the IT services major's share rose over 160%. His resignation will be effective on September 15, 2023.
IT hardware firms flag PLI’s investment clause; is TikTok staring at a potential ban in the US?IT hardware manufacturers have urged the government to drop the fresh investment clause proposed in the revised production-linked incentive...
Solartech platform Aerem raises $5 million in funding from Avaana Climate FundThe round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from prominent financial inst...
Corporate funding in global solar sector falls 18% to $18.7 billion, says Mercom Capital report"Total corporate funding in 9M 2022 (first nine months) stood at USD 18.7 billion, 18 per cent lower compared to USD 22.8 billion raised in...
ETtech Deals Digest: India gets its 105th unicornBlockchain startup 5ire became the fastest Indian crypto unicorn after closing a $100 million round from the SRAM & MRAM Group at a $1.5 bi...
Byju’s yet to close $800M round; govt may quiz FB, Twitter on compliance rateFellow edtech giant Unacademy, meanwhile, is giving its founders and top management pay cuts and shutting its global test prep business as ...
Pay cuts for edtech giant’s top brass; UPI duopoly worries MPsUnacademy will slash the pay packages of its founders and top management, and shut down its global test prep business, its CEO told employe...
Solar financing platform Aerem raises $2.5 million in funding led by Blume VenturesAerem will use the capital to grow the loan book, and build the tech platform to enable end-to-end digital and seamless interaction with va...