...
Dark
Light
Today: February 14, 2025
May 3, 2024
1 min read

Eternal Capital Unveils Rs 120 Cr VC Fund with Dhruv Bahl









TLDR:

  • Eternal Capital, led by Dhruv Dhanraj Bahl, launched a Rs 120 crore VC fund with a greenshoe option of another Rs 120 crore.
  • They aim to invest in 40 start-ups in seed to pre-series A stages over the next 3 years.

Eternal Capital, founded and managed by former BharatPe COO Dhruv Dhanraj Bahl, has launched its maiden VC fund with a target corpus of Rs 120 crore. The fund also includes a greenshoe option of another Rs 120 crore, bringing its total capacity to Rs 240 crore. The fund prioritizes investments in start-ups led by seasoned operators that are at the post-PMF stage and can demonstrate profitable revenue potential in the mid- to long term. The fund received commitments from marquee operators and entrepreneurs such as Suhail Sameer, Deep Kalra, Tarun Mathur, and others.

Sector-agnostic in nature, the fund aims to build a diversified portfolio of “solutions for the future” and plans to invest in 40 start-ups in their seed to pre-series A stages over the next 3 years. Eternal Capital was founded in October 2023 by Dhruv Dhanraj Bahl, who has invested in over 50 start-ups since 2020. The fund seeks to be a ‘partner of first choice’ for founders and a preferred co-investment partner for other funds by providing deep engagement and added value to ventures.


Previous Story

The Battle Against Inflation: VC Slowdown and Market Correction

Next Story

Revolutionizing UAE’s VC Landscape: Klumi Ventures and ADGM Compliance

Latest from Blog

VCFA Group Closes $1225M Venture Partners VII Fund

TLDR: VCFA Group closed VCFA Venture Partners VII fund with $122.5 million in commitments Transition marks continuation of VCFA’s pioneering legacy in the secondary private equity space VCFA Group, a pioneer in

Top AI Trends and Startups Shaping 2025 and Beyond

“`html TLDR: Israel is excelling in applicative and vertical AI, focusing on practical solutions in cybersecurity, healthcare, and defense rather than competing with tech giants in foundational AI models. Five key AI
Go toTop
Seraphinite AcceleratorOptimized by Seraphinite Accelerator
Turns on site high speed to be attractive for people and search engines.