| IDEA
Launches India Focussed VC Fund |
Mumbai: The Washington-based venture capital firm International Equity Partners,
(IEP) and the Mumbai-based Indian Direct Equity Advisors Pvt Ltd (IDEA) have launched
their second India focussed venture capital fund, Etec Ventures LLC that will have a
capital commitment of $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. PTI. |
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