| $25m
VC Funds Launched |
Mumbai, Oct 9 (PTI): Washington based venture capital firm International Equity Partners,
LP (IEP) and Mumbai-based Indian Direct Equity Advisors Pvt Ltd (IDEA) have launched their
second Indias focussed venture capital fund, eTEC Ventures LLC that will have a capital
commitment of USD 25 million. GSC Partners, a global $3 billion private equity firm, leads
eTEC's group of investors and the fund would remain open for additional subscriptions
through March 2001, a IDEA statement said here today. |
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