suratbased sustainable textile startup canvaloop has raised ₹133 crore in a funding round led by gvfl a gujaratbased venture capital firm gvfl invested ₹10 crore while mumbaibased rockstud capital infused ₹33 crore the startup will utilise the fresh capital to increase production capacity from 30 tonnes to 300 tonnes per month and to undertake rd on regenerative cellulose
