Kabeer Biswas’s concierge startup ‘M’ raises Rs 102 crore from Peak XV, Blume, Cred

M, Dunzo cofounder Kabeer Biswas’s AI concierge startup for household maintenance, has raised Rs 102 crore from Peak XV Partners, Blume Ventures and fintech company Cred, according to filings with the Registrar of Companies. The startup, founded by Biswas and former Dunzo vice president Kartik Mishra, is valued at Rs 300 crore post-money, the filings show.

Peak XV Partners led the seed round with around Rs 46.4 crore, while Blume Ventures, an early backer of Dunzo, invested Rs 37.1 crore. Cred, founded by Kunal Shah, has put in Rs 18.5 crore, the regulatory filings showed.

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