How can I become eligible to get benefits under the Startup India Initiative?
Only the below stated entities qualify as a “Startup” for the purpose of Government schemes
- Private Limited Company
- Registered Partnership Firm
- Limited Liability Partnership Further conditions are:
- Not more than 5 years have passed from the date of its incorporation/ registration
- Turnover for any of the financial years has not exceeded INR 25 crore
- It is working towards innovation, development, deployment or commercialisation of new products, processes or services driven by technology or intellectual property
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