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Former BharatPe COO Dhruv Bahl Launches Eternal Capital VC Fund: Former BharatPe COO Dhruv Bahl has launched Eternal Capital, a venture capital fund worth Rs 240 crore, along with support from industry leaders. With a focus on startups addressing future challenges, the fund adopts a thesis-led strategy. Dhruv Dhanraj Bahl, previously associated with BharatPe, now ventures into the world of venture capital. His maiden fund, Eternal Capital, enters the dynamic landscape of Indian startups with a significant corpus of Rs 240 crore, which includes a greenshoe option.
Former BharatPe COO Dhruv Bahl Launches Eternal Capital VC Fund
Eternal Capital’s objective is to invest in startups that are tackling emerging challenges. With Dhruv Bahl’s expertise and the backing of industry luminaries, the fund aims to support innovative ideas and solutions in the Indian startup ecosystem. Through a thesis-led approach, Eternal Capital seeks to identify and nurture promising startups, contributing to the growth and evolution of India’s entrepreneurial landscape.
Thesis-Led Investment Approach
Bahl focuses on an investment approach driven by clear themes, aiming at companies that are set to shape the future and tackle real-world problems. Using his operational expertise, Bahl seeks out and backs startups with strong performance and practical solutions.
Varied Portfolio and Sector Emphasis
Eternal Capital invests across different sectors, aiming to create a varied portfolio of startups that are working on future-oriented solutions. It focuses on sectors like SaaS, clean tech, sports tech, and consumer/D2C startups, which are in line with changing market trends.
Solid Support and Operational Assistance
Eternal Capital has a strong support network with commitments from well-known operators and entrepreneurs such as Suhail Sameer, Deep Kalra, and Tarun Mathur. The fund plans to invest in 40 startups from seed to pre-Series A stages over the next three years as part of its strategy.
Sustaining the Legacy of BharatPe Alumni
Bahl’s new venture joins a rising trend where former BharatPe executives start their own companies and venture capital funds. This trend is often referred to as the “BharatPe mafia.” The entrepreneurial drive among the company’s alumni highlights a lively ecosystem of innovation and investment in India’s startup scene.
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