Alcoholic beverage co. Basil Alliance raises funding from IPV

Delhi-based Basil Alliance , an AlcoBev startup, has raised funding from Inflection Point Ventures (IPV).Founded by Vibhuti Dixit, Basil Alliance claims to have a strong distribution network and has expanded its presence across seven states. The firm’s portfolio includes wine brands like Glenside D’Vine and Jacobson, which have gained traction in Delhi NCR, along with Sky Shots, a ready-to-drink product.