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Kabeer Biswas startup M raises ₹102 Cr seed led by Peak XV with CRED and Blume backing
Startups
Published on 24 April 2026
CRED and Blume co-invest while a family trust holds over a third
Kabeer Biswas’ new venture M has secured ₹102 crore in a seed round led by Peak XV Partners, with major participation from Blume Ventures and fintech unicorn CRED. MCA filings show Peak XV led with ₹46.4 cr, Blume put in ₹37.1 cr, and CRED invested ₹18.6 cr. The startup has already raised ₹83.5 cr and plans to issue ~55K Series Seed CCPS to investors.
- M’s ₹102 crore seed round is led by Peak XV Partners
- Blume Ventures and CRED together fund a significant share of the round
- M will issue ~55K Series Seed CCPS to investors
- PVK Family Trust holds 38.67%, while Peak XV gets 15.5%
Read the full story at Inc42
This summarization was done by Beige for a story published on 
Inc42