M Secures ₹102 Cr Seed Funding Led by Peak XV Partners
Kabeer Biswas’ new startup, M, has raised ₹102 Cr (about $11 Mn) in a seed funding round led by Peak XV Partners, with participation from Blume Ventures and CRED. The investment was made in exchange for approximately 55K Series Seed CCPS, with ₹83.5 Cr already secured.
Details
Peak XV Partners contributed ₹46.4 Cr to the round, Blume Ventures invested ₹37.1 Cr, and CRED provided the remaining ₹18.6 Cr. Post-allotment, Peak XV will hold a 15.5% stake in M, Blume Ventures 12.4%, and CRED 6.2%. The startup, co-founded by ex-Swish head of business Kartik Mishra and Biswas in December 2025, is anticipated to focus on automating routine home decisions and services.
Company Background
M, founded by Kabeer Biswas and Kartik Mishra, is poised to revolutionize how urban India experiences AI in everyday life by managing homes through automation. The company’s product offerings are yet to be launched, but the vision is to create a new category for consumer interaction with products and services.
Market Context
This funding round is significant as it marks the entrepreneurial return of Kabeer Biswas, following his departure from Dunzo and a stint at Flipkart. The investment showcases confidence in M’s potential to innovate in the home automation sector, an area ripe for disruption and growth.
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Source: Inc42