{"id":54614,"date":"2026-01-30T06:52:09","date_gmt":"2026-01-30T06:52:09","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=54614"},"modified":"2026-01-30T06:52:09","modified_gmt":"2026-01-30T06:52:09","slug":"dmd-advocates-advises-d-propulse-aerospace-on-investment-from-early-stage-investment-platform-ian-alpha-fund","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/dmd-advocates-advises-d-propulse-aerospace-on-investment-from-early-stage-investment-platform-ian-alpha-fund\/","title":{"rendered":"DMD Advocates Advises D-Propulse Aerospace on Investment from Early-Stage Investment Platform IAN Alpha Fund"},"content":{"rendered":"<p dir=\"auto\"><i><strong>DMD Advocates advised D-Propulse Aerospace, a deep-tech startup, on raising INR 25 crore from the early-stage investment platform IAN Group\u2019s IAN Alpha Fund.<\/strong> <\/i><\/p>\n<p dir=\"auto\"><!--more--><\/p>\n<p dir=\"auto\"><i>The funding will be used to expand the company\u2019s engineering team, strengthen its computing and simulation capabilities, and set up limited testing infrastructure.<\/i><\/p>\n<p dir=\"auto\"><i>The startup is focused on developing next-generation high-speed propulsion systems for defence and civilian applications using its proprietary Rotating Detonation Engine (RDE) technology. RDE technology represents a departure from conventional jet engines, as it uses continuous detonation waves instead of traditional combustion.<\/i><\/p>\n<p dir=\"auto\"><i>DMD was involved in resolving legal due diligence findings as well as drafting and negotiating the transaction documents.<\/i><\/p>\n<p dir=\"auto\"><i>The transaction was led by Saiyam Chaturvedi (Partner), along with Divay Rastogi (Counsel), Srishti Pandey (Associate), Aditi Kumari (Associate), and Tarush Bhandari (Associate).<\/i><\/p>\n<p dir=\"auto\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-54616\" src=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/01\/Divay-Rasogi-300x300.png\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/01\/Divay-Rasogi-300x300.png 300w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/01\/Divay-Rasogi-1024x1024.png 1024w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/01\/Divay-Rasogi-150x150.png 150w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/01\/Divay-Rasogi-768x768.png 768w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/01\/Divay-Rasogi-100x100.png 100w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/01\/Divay-Rasogi.png 1080w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-54618\" src=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/01\/Saiyam-Chaturvedi-300x300.png\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/01\/Saiyam-Chaturvedi-300x300.png 300w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/01\/Saiyam-Chaturvedi-1024x1024.png 1024w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/01\/Saiyam-Chaturvedi-150x150.png 150w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/01\/Saiyam-Chaturvedi-768x768.png 768w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/01\/Saiyam-Chaturvedi-100x100.png 100w, https:\/\/my.legal500.com\/developments\/wp-content\/uploads\/sites\/19\/2026\/01\/Saiyam-Chaturvedi.png 1080w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p dir=\"auto\">Read More:<\/p>\n<ul dir=\"auto\">\n<li><a href=\"https:\/\/b2b.economictimes.indiatimes.com\/news\/entrepreneur\/d-propulse-aerospace-secures-25-cr-funding-to-revolutionize-aerospace-propulsion\/127686688\" rel=\"noreferrer\">https:\/\/b2b.economictimes.indiatimes.com\/news\/entrepreneur\/d-propulse-aerospace-secures-25-cr-funding-to-revolutionize-aerospace-propulsion\/127686688<\/a><\/li>\n<li><a href=\"https:\/\/www.vccircle.com\/agranilabs-d-propulse-aerospace-scrapuncle-raise-early-stage-funding\" rel=\"noreferrer\">https:\/\/www.vccircle.com\/agranilabs-d-propulse-aerospace-scrapuncle-raise-early-stage-funding<\/a><\/li>\n<li><a href=\"https:\/\/www.entrepreneur.com\/en-in\/news-and-trends\/ian-alpha-fund-invests-inr-25-cr-in-d-propulse-aerospace\/502237\" rel=\"noreferrer\">https:\/\/www.entrepreneur.com\/en-in\/news-and-trends\/ian-alpha-fund-invests-inr-25-cr-in-d-propulse-aerospace\/502237<\/a><\/li>\n<\/ul>\n","protected":false},"featured_media":0,"template":"","class_list":["post-54614","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/54614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=54614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}