A startup is a newly established business or company that is in the early stages of development and typically aims to solve a specific problem or meeta market demand through innovative products, services or business models. As per definition of DPIIT (Department for Promotion of Industry and Internal Trade), a Startup should be registered as a Private Limited Company, a Partnership firm or a Limited Liability Partnership whose turnover should be less than INR 100 Crores in any of the previous financial years. It shall be considered as a startup upto 10 years from the date of its incorporation and should be working towards innovation/ improvement of existing products, services and processes and should have the potential to generate employment/ create wealth. An entity formed by splitting up or reconstruction of an existing business shall not be considered a "Startup". Registration of Startups: Regular procedures for registering any business shall be followed like submitting the registration application and obtaining the Certificate of Incorporation/Partnership. Startup profile should be registered at website www.startupindia.gov.in and afterwards with Department for Promotion of Industry and Internal Trade (DPIIT) Recognition. Further details could be accessed from https://www.investindia.gov.in/startup-india-hub and https://www.startupindia.gov.in/