D-Propulse secures ₹25 crore from IAN Alpha Fund
D-Propulse Aerospace secures funding.
D-Propulse secures ₹25 crore from IAN Alpha Fund: Bengaluru-based deep-tech startup D-Propulse Aerospace has raised ₹25 crore from the early-stage investment platform IAN Group’s IAN Alpha Fund. The funding will be used to expand the company’s engineering team, strengthen computing and simulation capabilities, and establish limited testing infrastructure.
DMD Advocates advises on the transaction
Saiyam Chaturvedi, DMD Advocates.
DMD Advocates acted as legal counsel to D-Propulse Aerospace, assisting with legal due diligence, drafting, and negotiating transaction documents. The transaction team was led by Saiyam Chaturvedi (Partner), supported by Divay Rastogi (Counsel), and Associates Srishti Pandey, Aditi Kumari, and Tarush Bhandari.
About D-Propulse Aerospace
D-Propulse is focused on developing next-generation high-speed propulsion systems for defence and civilian applications using its proprietary Rotating Detonation Engine (RDE) technology. Unlike conventional jet engines, RDE technology uses continuous detonation waves instead of traditional combustion, offering higher efficiency and performance.
Strategic use of funds
The capital infusion will enable D-Propulse to scale its engineering capabilities, enhance its simulation and computing infrastructure, and establish limited testing setups to advance RDE technology. The startup aims to position itself at the forefront of next-generation aerospace propulsion systems.
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