The startup will be issuing about 55K Series Seed CCPS to the aforementioned investors to net the funds. Of the total amount, the startup has already raised ₹83.5 Cr. After the allotment, Peak XV will hold 15.5% in the company.

Blume Ventures and CRED will own 12.4% and 6.2%, respectively. Biswas and Mishra hold 3.1% each, while a large portion—38.67%—is held by the PVK Family Trust. Inc42 has reached out to Biswas to get more details on the round.

The story will be updated shortly. M was set up by ex-Swish head of business Kartik Mishra and Biswas in December 2025. While details on the startup’s business are scant as of now, it is likely building tools to help people manage their homes by automating routine decisions, coordination and everyday services.

“As we build this, we believe this is how a large part of urban India will experience AI every day and create a whole new category for how consumers interact with products and services in their lives,” as per M’s LinkedIn page. M’s product offerings are yet to go live. The entrepreneurial pivot for Biswas comes after a short stint with ecommerce major Flipkart, where he was heading its quick commerce vertical, Minutes, for some time in 2025.

He quit Flipkart in October 2025 to pursue other opportunities At Flipkart Minutes, Biswas was involved in scaling the quick commerce business, which had expanded to multiple cities and was working towards a target of 800 dark stores by the end of 2025. Meanwhile, he quit his earlier venture, Dunzo, in January 2025 amid heightened severe cash crunch, layoffs, and bankruptcy petitions. Dunzo, which connected consumers with nearby stores and facilitates deliveries, is currently undergoing insolvency proceedings after shutting down operations.