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CREDInvestment

Kabeer Biswas Secures Rs 102 Crore for New AI Startup M

What happened

CRED is investing Rs 18.56 crore (roughly $2 million) into AI startup M as part of its seed funding round.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Kabeer Biswas, co-founder of Dunzo, is raising Rs 102 crore, approximately $11 million, for his new venture M. The funding round includes participation from Peak XV Partners, Blume Ventures, and Kunal Shah's CRED, which operates under Dreamplug Technologies. The development marks Biswas's return to the startup ecosystem with a fresh focus on consumer technology. M has been co-founded by Kabeer Biswas and Kartik Mishra as a consumer-focused artificial intelligence startup. According to the company's LinkedIn profile, the platform is designed to simplify home management by automating everyday decisions, coordination, and services. The idea is to reduce friction in daily life by leveraging AI-driven systems that handle routine household needs more efficiently. The company was incorporated in 2025 under the name Curious Digital Pvt Ltd. As part of its seed funding round, the board has approved the issuance of 54,956 Series Seed Compulsorily Convertible Preference Shares at a price of Rs 18,577 each. This issuance forms the basis of the planned Rs 102 crore fundraise, as per regulatory filings. Also Read: Simple Energy Launches Ultra Electric Scooter at ₹2.34 Lakh With 400 km Claimed Range Peak XV Partners is leading the round with a commitment of Rs 46.4 crore, equivalent to $5 million. Blume Ventures is contributing Rs 37.12 crore, or about $4 million, while CRED is...

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Extracted by Autobound

From the Signal API record
Event
Investment

What this signalsAn investment often shows where the company plans to grow.

Location
Bengaluru, Karnataka, India
Round
Seed

More investment signals at other companies

The full record

From the Signal API record

Topics and mentions

Financing type

  • equity
  • seed

Extraction

Confidence
90%
Detected
Jul 3, 2026
signal_type
news
signal_subtype
invests_into

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/31193a43-bc9f-85d9-bd60-5d0652436234 returns this record as JSON. POST /v1/companies/enrich returns every signal for cred.club.

{
  "signal_id": "31193a43-bc9f-85d9-bd60-5d0652436234",
  "signal_type": "news",
  "signal_subtype": "invests_into",
  "detected_at": "2026-07-03T02:29:12+00:00",
  "company": {
    "name": "CRED",
    "domain": "cred.club"
  },
  "data": {
    "url": "https://ascendants.in/funding-feed/kabeer-biswas-raises-rs-102-crore/",
    "title": "Kabeer Biswas Secures Rs 102 Crore for New AI Startup M - ascendants.in",
    "excerpt": "Kabeer Biswas , co-founder of Dunzo , is raising Rs 102 crore, approximately $11 million, for his new venture M . The funding round includes participation from Peak XV Partners, Blume Ventures, and Kunal Shah’s CRED, which operates under Dreamplug Technologies. The development marks Biswas’s return to the startup ecosystem with a fresh focus on consumer technology. M has been co-founded by Kabeer Biswas and Kartik Mishra as a consumer-focused artificial intelligence startup. According to the company’s LinkedIn profile, the platform is designed to simplify home management by automating everyday decisions, coordination, and services. The idea is to reduce friction in daily life by leveraging AI-driven systems that handle routine household needs more efficiently. The company was incorporated in 2025 under the name Curious Digital Pvt Ltd. As part of its seed funding round, the board has approved the issuance of 54,956 Series Seed Compulsorily Convertible Preference Shares at a price of Rs 18,577 each. This issuance forms the basis of the planned Rs 102 crore fundraise, as per regulatory filings. Also Read: Simple Energy Launches Ultra Electric Scooter at ₹2.34 Lakh With 400 km Claimed Range Peak XV Partners is leading the round with a commitment of Rs 46.4 crore, equivalent to $5 million. Blume Ventures is contributing Rs 37.12 crore, or about $4 million, while CRED is investing...",
    "summary": "CRED is investing Rs 18.56 crore (roughly $2 million) into AI startup M as part of its seed funding round.",
    "location": "Bengaluru, India",
    "planning": true,
    "image_url": "https://ascendants.in/wp-content/uploads/2026/04/m-e1776851374102.png",
    "confidence": 0.9,
    "published_at": "2026-07-03T02:29:12Z",
    "location_data": [
      {
        "city": "Bengaluru",
        "state": "Karnataka",
        "region": "Southern Asia",
        "country": "India",
        "continent": "Asia",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "Blume Ventures is contributing Rs 37.12 crore, or about $4 million, while CRED is investing Rs 18.56 crore, roughly $2 million.",
    "financing_type_tags": [
      "equity",
      "seed"
    ],
    "financing_type_normalized": "seed"
  }
}

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