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Its originally a Nepali word for the youngest girl in the family. Sometimes used as a term of endearment (even when they might not be the youngest).
Mother: For me all of my daughters are the pretty.

Dad: Yes, all our daughters are pretty but kanchi, is the prettiest.
Kanchi by Ana_ana_ana April 18, 2019
Related Words
Kanchi is a name for a girl which means beautiful.
Nikhita: Hey Kanchi! What's up?
Kanchi: Not much, you?
Kanchi by I AM G.O.A.T May 31, 2016
A really cool phrase or outburst describing something awesome. This phrase is commonly used by cool people.

When something is REALLY awesome you can add another "Kachika," therefore making it "Kachika, Kachika."
Mac: I just got a new trampoline
Hannah: KACHIKA, KACHIKA!
Kachika by Hannah and Mac February 23, 2009
1. An indian capital city in in the state of Tamil, India

2. In a few nepalise and Indian songs and movies the word Kanchi has been used to describe a beautiful girl

The song goes as so

Oh Re Kanchi, Kaanch Ki Gudiya
Hothon Mein Baandhe, Prem Ki Pudhiya

It describes the girl who is Kanchi as in beautiful as a girl with beautiful lips and as loves daughter, a term that can be used sexually or as an affectionate term.
Oh Re Kanchi, Kaanch Ki Gudiya
Hothon Mein Baandhe, Prem Ki Pudhiya
Naa Unhe Khole, Na Moonh Se Bole
Palkon Pe Rakhke, Aankhon Se Tole

Suniyo Suniyo, Misri Se Meethi
Aankhon Mein Bund Hai, Baatein Rasili
Naa Unhe Khole, Na Moonh Se Bole
Palkon Pe Rakhke, Aankhon Se Tole

Pahadi Paar Chalna Hai To Parbat Hata Doon
Ghataon Mein Kahin Chhupna Hai To Saawan Bula Doon
Mahuwa Mahuwa Mehka Mehka
Mehka Mehka Mahuwa Mahuwa

Koyi Udta Hua Panchhi Bata Dega Thikana
Jahan Se Din Nikalta Hain Usi Kille Pe Aana
Mahuwa Mahuwa Mehka Mehka
Mehka Mehka Mahuwa Mahuwa

Oh Re Kanchi, Kaanch Ki Gudiya...

Tera Koi Parichay Ho To Aye Sundari Bata De
Badi Meethi Teri Muskaan Hai Mundri Bana De
Mahuwa Mahuwa Mehka Mehka
Mehka Mehka Mahuwa Mahuwa

Haye Pardesi Mujhe Bhool Jayega Kahin Pe
De Vachan Maein Pehen Loon Use Gehna Samajh Ke
Mahuwa Mahuwa Mehka Mehka
Mehka Mehka Mahuwa Mahuwa

Oh Re Kanchi, Kaanch Ki Gudiya...
Kanchi by babbelbabe September 5, 2013

Kanchies 

Something one yells to exclaim great success or triumph.

Also a way of saying in your face.
Friend 1: Knock Knock
Friend 2: Who's there
Friend 1: Boo
Friend 2: Boo who?
Friend 1: Kanchies!
Kanchies by RonSalley November 6, 2018

kanchi sherpa 

The type of person who can make you laugh when you need to cheer up and who always got your back