CanvaLoop has raised $1.5M in a funding round led by GVFL, with participation from Rockstud Capital.

Investorsync desk1 min read

Deal sheet

$1.5M

Announced
3 April 2026

Founded by Shreyans Kokra | 2020

The Surat-based startup converts agricultural waste into textile-grade fibres.

The company plans to scale production from 30 to 300 tonnes/month and already serves 200+ clients.

Key highlights:

  • Uses pineapple leaves, banana waste, hemp, flax
  • Gained visibility via Shark Tank India

Why this matters:

Agri-waste based materials could disrupt global textile supply chains.

:

Can sustainable fibres replace traditional textiles at scale?

Source: company announcement. First posted on the Investorsync LinkedIn page.

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