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Alpha Fund > Funding Announcement

IAN Group leads ₹27.4 Cr seed round in e-TRNL Energy to back next-gen battery cell innovation

New Delhi, 13th February 2026: IAN Group, the country’s single largest early-stage investment platform, has led a ₹27.4 crore seed round in e-TRNL Energy, a cleantech startup pioneering next-generation battery cell technology, through its 2nd VC Fund, IAN Alpha Fund. The round saw participation from...

IAN Alpha Fund Invests ₹25 Crore in D-Propulse Aerospace

New Delhi, 28th Jan’26: IAN Alpha Fund, the 2nd in the series of IAN Group’s VC fund, has invested ₹25 crores in D-Propulse Aerospace Private Limited to support the development of next-generation aerospace propulsion systems. The investment reflects IAN Group’s commitment to support deep-tech startups aligned to India’s strategic imperatives. D-Propulse’s advanced...

Serigen Mediproducts Secures INR 10 crores Funding led by IAN Alpha Fund

Pune based, Serigen Mediproducts, a unique biomedical products manufacturing company has raised INR 10 crores from IAN Alpha Fund & Collossa Ventures, along with existing angel investors. This significant financial boost will be instrumental in furthering the company’s mission to revolutionize regenerative medicine. Serigen Mediproducts is also a part...

IAN Alpha Fund Boosts Space Endeavors: Supports Dhruva Space’s Series A2 fundraise of INR 78 Crores, Elevating Total Funding to INR 123 Crores!

The funds will enable the Hyderabad-based space-tech company to establish spacecraft manufacturing and testing capabilities, and launch customer missions with the larger satellite buses, namely P-30 and P-90. April 22nd, 2024: Dhruva Space, a National Award-winning full-stack space-tech company based in Hyderabad, India, has successfully closed...