ex-BharatPe COO-led Eternal Capital launches ₹120 crore VC fund

Eternal Capital, founded and by ex-BharatPe COO Dhruv Dhanraj Bahl, has launched its maiden VC fund with a target corpus of Rs 120 crore. The fund includes a greenshoe option of another Rs 120 crore, bringing its total capacity to Rs 240 crore. It plans to invest in 40 startups over the next 3 years.