Canvaloop, a bio-material science company, presented their idea on Shark Tank India Season 3.They convert agriculture waste into textile fibers and yarns using a zero-waste proprietary technology.Canvaloop was seeking INR 1 Cr. for 1.33% equity, valuing the company at INR 75 Cr.All five sharks offered a joint investment of INR 2 Cr. for 4% equity, valuing the company at INR 50 Cr.