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India is our fifth largest market; one of the fastest growing: Melanie Perkins, CEO, Canva India will be a big focus market for the $26 billion Sydney-based design software solutions startup Canva, cofounder and chief executive Melanie Perkins told ET. With annual revenue of $2.3 billion, Canva competes with the likes of Adobe and Figma. Perkins said the company is looking to build a local team in India, which has emerged as its fifth largest market with 240,000 users. Speaking to ET on the sidelines of Canva Create, the companyโ€™s annual event in Los Angeles, Perkins said she believes that the growing creator economy in India will open up a massive business opportunity for the firm there. Edited excerpts:

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