Dunzo founder’s new AI venture M seeks fresh funding

Kabeer Biswas, founder of failed hyperlocal delivery startup Dunzo, is in advanced talks to raise about $9 million for his new venture M, according to people familiar with the matter, as investors place fresh bets on an emerging category of AI-powered household assistants that has yet to prove either consumer demand or a scalable business model.

The venture reflects a growing belief among entrepreneurs that advances in generative AI, voice interfaces and workflow automation can automate household decision-making.

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