Riverwalk Holdings

The seed funding round was led by Riverwalk Holdings, Incubate Fund Asia, and All In Capital.

The Series A capital infusion will also go towards expanding Aerem's tech stack, refining its digital tools, and enabling customised financing solutions.

The funds will bolster R&D and manufacturing capabilities, positioning Sisir to launch India's highest-resolution L-band Synthetic Aperture Radar (SAR) satellite by the end of 2026.

Fresh Bus will use its new funding to expand its route network with 15 additional routes and launch 150 electric buses. The funds will also support fleet growth, operational scaling, technology enhancements, and strengthening the strategic team to drive further growth.