Startup India Recognition is a formal acknowledgment granted by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India to eligible startups under the Startup India initiative. The recognition serves as official validation that an entity meets the government-defined criteria of a “startup” and qualifies for a range of benefits designed to foster innovation, entrepreneurship, and economic growth in India.
✅ Objectives of Startup India Recognition:
1. Promote innovation and entrepreneurship in India
2. Support startups in reducing regulatory burdens
3. Provide easier access to funding and investment
4. Enable startups to benefit from tax exemptions, IPR support, and government schemes
5. Facilitate participation in government procurement and tenders