Peak XV Partners Leads $10.9M Seed Round for AI Concierge Startup M

Gate News message, April 23 — M, an India-based AI concierge startup founded by Kabeer Biswas, has raised $10.9 million in seed funding from Peak XV Partners, Blume Ventures, and Cred. Peak XV invested approximately $4.96 million, Blume Ventures contributed $3.97 million, and Cred invested $1.98 million.

Biswas, co-founder of the now-defunct hyperlocal delivery service Dunzo, launched M after leaving Flipkart in October 2025. The startup is building AI tools to automate household tasks, including travel bookings and restaurant reservations, leveraging software-based solutions rather than physical logistics operations.