India, May 2 -- BharatPe's former chief operating officer Druv Dhanraj Bahl has rolled out his maiden venture capital fund to invest in early stage startups.

The fund, Eternal Capital, with a target corpus of INR 120 Cr (~ $14.3 Mn), aims to back 40 early stage startups over the next three years.

The fund also includes a green-shoe option of another INR 120 Cr, bringing its total capacity to INR 240 Cr.

Founded by Bahl in 2023, Eternal Capital is a sector-agnostic early stage VC fund that aims to build a diversified portfolio of "solutions for the future".

The fund has already secured commitments from other startup founders and CXOs, including former Suhail Sameer, former CEO of BharatPe; Deep Kalra, founder of MakeMyTrip; Tarun Mathu...