AlcoBev startup Basil Alliance Gets Funding From Inflection Point Ventures

Basil Alliance, an alcoholic beverage startup, has raised an undisclosed amount from Inflection Point Ventures (IPV). 

The startup plans to use the raised capital to grow its presence in the Indian market and fuel its next phase of expansion.

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Vibhuti Dixit, Founder of Basil Alliance, said, "India's AlcoBev industry is no longer just about quenching thirst; it's about experience, innovation, and a taste of the future.  From craft distilleries to premium imports, the spirit of the times is intoxicating. At Basil, we are revolutionizing the AlcoBev industry by bringing premium, innovative and quality international products to Indian consumers." 

"In a short span of 3 years, Basil has created a diverse portfolio of imported wines, RTDs, gins etc. and forged strong relationships with suppliers and retailers. Partnering with IPV has been a transformative experience for us at Basil. Their belief in our vision to revolutionize the AlcoBev industry with technology-driven solutions fuels our ambition to make it a unicorn," Dixit added. 

About Basil Alliance

Founded in 2019 by Basil Alliance was founded by Vibhuti Dixit, who spent 15 years in Australia gaining experience in wine exports to Southeast Asia and Europe. After returning to India, he started Basil Alliance to offer high-quality and innovative alcoholic beverages to Indian consumers.

Basil Alliance says it has a strong distribution network and has expanded to seven states, fully owning all its AlcoBev brands. The startup is focused on growing strategically to capture a bigger share of the Indian AlcoBev market.

Its portfolio includes popular wine brands like Glenside D’Vine and Jacobson, which are gaining popularity in Delhi NCR, as well as Sky Shots, a ready-to-drink product that is seeing growing demand.

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