DPIIT Recognition
Under the Startup India initiative, eligible companies can get recognised as Startups by DPIIT, in order to access a host of tax benefits, easier compliance, IPR fast-tracking and more.
Which Company is a Startup?
Company Age
Period of existence and operations should not be exceeding 10 years from the Date of Incorporation
Company Type
Incorporated as a Private Limited Company, a Registered Partnership Firm or a Limited Liability Partnership
Original Entity
Entity should not have been formed by splitting up or reconstructing an already existing business
Annual Turnover
Should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its Incorporation
Innovative & Scalable
Should work towards development or improvement of a product, process or service and/or have scalable business model with high potential for creation of wealth & employment
Criteria for being considered eligible for DPIIT startup recognition.