The  Financial Express, Mumbai
  Wednesday, October 11, 2000.


Second 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.