Government of India has recently launched Startup India scheme and announced a lot of monetary and non-monetary benefits for Startups in India. So, it has become necessity to check it out that does your company meet eligibility criteria of Startup India Action Plan or not? And are your Company/Business a startup?
If your business unit meets with all of the conditions above, then you are a startup and your business unit is eligible to take benefits under Startup India Scheme.
Note: A sole-proprietorship, Public Limited Company are not eligible as startup. One Person Company, being a private limited company is entitled to be recognized as Startups.