# VC10X - The 4 Stages of a Startup - Dhruv Dhanraj Bahl, Founder & Managing Partner, Eternal Capital

An episode of [VC10X - Investing, Venture Capital, Asset Management, Family Office, Wealth Management](https://invisiblenetwork.ai/podcast/1632806986), 6 Nov 2024, 58 min.

Audio: https://anchor.fm/s/a453ddd4/podcast/play/94034455/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2024-10-6%2F7db8e45f-8f3a-a988-f366-f74de007f789.mp3

Dhruv Dhanraj Bahl is the founder & Managing Partner at Eternal Capital, an India-focused early-stage fund. Dhruv was previously CBO of merchant lending at Bharatpe, and had leadership stints at Paytm & Airtel Payments Bank. In this episode, we talk about - - Dhruv's story and how he started investing - Dhruv shares his experience being an LP in VC funds vs doing direct investments - The different stages of a startup - How should founders approach early-PMF - Why he is extremely bullish on the India opportunity - His biggest learning investing in startups & lots more Links: ⭐ Sponsored by Podcast10x - Podcasting agency for VCs - https://podcast10x.com Eternal Capital website - https://www.eternalcapital.vc/ Dhruv on LinkedIn - https://www.linkedin.com/in/dhruv-dhanraj-bahl-3857a033 Dhruv on X - https://x.com/dhruvdbahl 🎙️ Hosted by Prashant Choubey Follow Prashant on X - https://x.com/ChoubeySahab Follow Prashant on LinkedIn - https://www.linkedin.com/in/choubeysahab For sponsorship or guest appearance requests, write to prashantchoubey3@gmail.com Subscribe to VC10X on Youtube, Spotify, Apple Podcasts.

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