Dhruv Dhanraj Bahl
Founder & Managing Partner, Eternal Capital
Dhruv Dhanraj Bahl is the Founder and Managing Partner of Eternal Capital, a venture capital firm
uniquely designed to bridge the gap between experienced operators and early-stage entrepreneurs. A
seasoned operator himself and the former COO of BharatPe, Dhruv leads Eternal Capital with a strong
skin-in-the-game approach, enabling founders to build truly scalable businesses through comprehensive
support and mentorship. He differentiates the fund by the ‘colour of its money,’ leveraging not only
financial capital but also the social and intellectual capital of its diverse LP base, providing founders
with strategic guidance in areas like go-to-market strategy, product development, and scaling. By
fostering a robust network of operators and advisors, Dhruv is empowering startups to achieve tangible,
long-term growth.
Dhruv’s extensive angel investment portfolio, built before the launch of Eternal Capital, spans over 60
investments across diverse sectors, including fintech, consumer tech, SaaS, and AI. His notable
investments include Stupa Sports Analytics, Basic Home Loan, ApniBus, Volt Money, DrinkPrime, AdmitKard,
GenWise, VAMA, and Fleek. Dhruv continues to provide active mentorship to the founders of his pre-fund
portfolio companies, helping them navigate complex challenges, from product scaling to fundraising and
strategic partnerships. This hands-on approach exemplifies his operator mindset, ensuring that the
companies he backs not only grow but thrive in a competitive market. His vision for Eternal Capital is
deeply influenced by his journey as an operator, with the mission to create an investment platform that
simplifies the path to scalable success for both entrepreneurs and investors.