Former BharatPe COO Dhruv Bahl Launches Eternal Capital VC Fund
In the dynamic landscape of Indian startups, former BharatPe COO Dhruv Dhanraj Bahl steps into the world of venture capital with the launch of his maiden fund, Eternal Capital, with a substantial corpus of Rs 240 crore, including a greenshoe option.
Bahl emphasizes a thesis-led investment approach, targeting companies poised to shape the future while addressing real-world challenges. Leveraging his operational experience, Bahl aims to identify and support startups with mature metrics and practical solutions.
Eternal Capital is sector-agnostic, focusing on building a diversified portfolio of startups addressing future solutions. Key sectors of interest include SaaS, clean tech, sports tech, and consumer/D2C startups, aligning with evolving market trends.
With commitments from notable operators and entrepreneurs like Suhail Sameer, Deep Kalra, and Tarun Mathur, Eternal Capital boasts a robust support network. The fund’s strategy involves investing in 40 startups in their seed to pre-Series A stages over the next three years.
Bahl’s venture adds to a growing trend of former BharatPe executives launching their startups and venture capital funds, contributing to what’s colloquially termed the “BharatPe mafia.” The entrepreneurial spirit within the company’s alumni underscores a vibrant ecosystem of innovation and investment in India’s startup landscape.
Did you know that some animals have brains so large that they can weigh several…
Did you know that some movies have made history by winning an extraordinary number of…
Kusunpur village in Kendrapada district of the Odisha is set to become the first smart…
Global clothing retailer Uniqlo has appointed the Indian fast bowler Jasprit Bumrah as its brand…
Indian animation film gained international recognition. This come after the animated short film CHYIMI won…
India has started orocess signing Terms of Reference (ToR) with the Philippines and Maldives to…