Startup India Initiative

✦Key Features

• 1.58 lakh DPIIT-recognized startups as of Jan 2026 — 3rd largest startup ecosystem globally
• 53 unicorns (startups valued at $1 billion+); 23+ soonicorns (approaching unicorn status)
• Fund of Funds for Startups (FFS): ₹10,000 crore; 114+ AIFs funded; ₹23,500+ crore in startups
• 3 years tax holiday in first 10 years of incorporation
• Self-certification for 9 labour and 3 environmental laws
• National Startup Awards annually for outstanding startups
• Startup India Hub: 1.3 lakh+ members; mentorship and networking

✓Eligibility Criteria

• Incorporated as a Private Limited Company or a Registered Partnership Firm or an LLP.
• Not older than 10 years from the date of incorporation.
• Annual turnover not exceeding INR 100 Crore for any financial year since incorporation.
• Working towards innovation, development or improvement of products or processes or services.
• Should not be a result of splitting up or reconstruction of an existing business.

★Benefits

• Access to government funding schemes and venture capital.
• Relief from income tax for a specified period.
• Simplified regulatory environment and reduced compliance costs.
• Opportunities for government procurement and public tenders.
• Mentorship, incubation support, and networking opportunities.

▶Application Process

• Register on the Startup India portal.
• Obtain DPIIT recognition for eligible startups.
• Apply for specific benefits (e.g., tax exemption, funding) through relevant portals.
• Submit required documents and undergo verification.
• Participate in mentorship and incubation programs as applicable.

₹ Budget Allocation

10000

Funding Ratio (Centre:State): Mix of direct grants (Seed Fund) and indirect equity (Fund of Funds)

Historical Context

Launched on January 16, 2016, by the Prime Minister to catalyze startup culture and build a strong and inclusive ecosystem for innovation.