Startup Definition

Company Age

  

Period of existence and operations should not be exceeding 10 years from the Date of Incorporation

Annual Turnover

Should have an annual turnover not exceeding ₹ 100 crores 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

Company Type

  

Incorporated as a Private Limited Company, or Registered Partnership Firm or a Limited Liability Partnership, or One person company, or a Sole proprietorship.

 

Original Entity

Entity should not have been formed by splitting up or reconstructing an already existing business

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