Founded in 2019 by Mumbai resident Komal Panchal, Kanvas is a startup that customises shoes by painting artworks on them

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Kanvas shoes feature a variety of regional designs, including Madhubani, Kalamkari, and Pattachitra artwork

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She is growing her business offline as well as online. They distribute shoes around the nation, but hopes to expand the company internationally

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Komal’s goal is to raise the revenue of the artists creating these designs while also promoting their art to a global audience

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The startup has a store in Mumbai as well. Papa's garage has been transformed into this store

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With prices ranging from Rs 1600 to Rs 4600, the company currently offers over 300 SKUs

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Sales Performance: FY 22-23: ₹69 Lakhs, FY 23-24: ₹77 Lakhs (projected), FY 24-25 (till September): ₹21 Lakhs, FY 24-25 (projected): ₹77 Lakhs

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In the coming time, Komal is also planning to enter categories like bags, scarves, wallets and belts with the designs of regional artists

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Komal asked for ₹60 Lakh for 6% equity, valuing the company at ₹10 Crores. The only "shark" that appeared interested was Aman, but even he wasn't certain

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Komal stated in her post-pitch interview after leaving without a deal. It takes time to develop a brand, but it will eventually happen

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