fund from Indian Direct Equity Advisors, US- based VC firm
|The US-based venture capital , International
Equity Partners and Mumbai based Indian Direct Equity Advisors, have launched their second
India-specific venture capital fund, eTEC Ventures LLC. GSC Partners leads eTEC's Group of
investors with a $25 million capital commitment. eTEC will remain open for additional
subscriptions through March 2001, according to a company press release.