← Back to the archive

Canvaloop

Sustainable fabrics manufacturer

Deal

The pitch

Season / Episode: S3 E52
Aired: 31 Mar 2024
Industry: Green/CleanTech
From: Surat, Gujarat
Founded: 2020
Asked for: ₹1 Cr for 1.33%
Valuation asked: ₹75.19 Cr

The outcome

Deal: ₹2 Cr for 4%
Deal valuation: ₹50 Cr
Yearly revenue: ₹3.2 Cr
Gross margin: —

Who invested

Namita₹40 L for 0.8%
Anupam₹40 L for 0.8%
Aman₹40 L for 0.8%
Azhar Iqubal,Radhika Gupta₹80 L for 1.6%

Founders

Shreyans Kokra — Founder & CEO source
Nandini Sarraf Kokra — Co-founder source

Researched from public sources · checked 20 Aug 2026

What happened next

Canvaloop Secures US $1.43 million Funding to Scale Sustainable Textile Material Production
Surat-based Canvaloop raised Rs 13.3 crore ($1.43 million), Rs 10 crore from GVFL and Rs 3.3 crore from Rockstud Capital, to scale monthly production of its plant-fibre textile materials from 30 to 300 tonnes.
Apparel Resources · 18 Mar 2026

News is researched from public sources, is not exhaustive, and carries the date it was published — not a live status.

Visit Canvaloop

More pitches like this