We at Winaxis Advisory are committed to supporting startups and entrepreneurs in the dynamic Micro, Small, and Medium Enterprises (MSME) sector across India, we offer specialized consultation services for startup recognition certifications.

What is Start-Up India?

Startup India is a flagship initiative of the Government of India, intended to build a strong ecosystem that is conducive to the growth of startup businesses, drive sustainable economic growth and generate large-scale employment opportunities. The Government through this initiative aims to empower startups to grow through innovation and design.

What is Start-Up India Initiative?

The Startup India Initiative, which was established on January 16th 2016, has introduced a number of initiatives with the goal of assisting entrepreneurs, creating a strong startup ecosystem, and changing India into a nation of job creators rather than job seekers. The Department for Industrial Policy and Promotion (DPIIT) is responsible for overseeing these programmes through the designated Startup India Team.

Empowering Dreams: Unveiling Startup Recognition Certifications

Every startup begins with a vision – a vision to introduce a groundbreaking product or service that revolutionizes the market. In 2017, the Government of India launched the Startup India scheme, providing a platform for budding entrepreneurs, visionaries, and dreamers to nurture and expand their businesses.

Unlocking Benefits with DPIIT-Certified Startups

Startup India DPIIT-certified startups gain access to a plethora of benefits, including:

  • Intellectual Property Rights
  • Relaxation in Public Procurement Norms
  • Self-certification under Labour & Environment Laws
  • Government Fund Acquisition (via Funds of Funds for Startups)
  • Expedited Exit Process for Startups

Moreover, DPIIT-certified startups can avail of income tax exemption for three out of ten years, presenting a substantial advantage for budding ventures.

Accessing Resources for Growth

DPIIT-certified startups have access to various resources, including learning and development programs, a centralized repository, state startup policies, pro bono services, knowledge banks, tools and templates, networking opportunities, idea banks, and diverse programs and initiatives.

Seizing Tax Exemption Opportunities

Following startup recognition, startups can apply for tax exemption under Section 80 IAC of the Income Tax Act. This exemption allows startups to enjoy tax benefits for three consecutive financial years out of their first ten years since incorporation. (Please note: Only a Private Limited or a Limited Liability Partnership is eligible for tax exemption.)


At Winaxis Advisory, we streamline the legal procedures and provide tailored consultation to meet your unique business needs. Empower your startup journey by connecting with us today to embark on a path of growth, innovation, and success.

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