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Startup India is an initiative by Govt of India, to promote Startups which can generate MORE employment and create wealth

Date of registration of the entity is not more than 10 years old
An entity is registered as a Private Limited company, Limited Liability Partnership or Registered Partnership Firm
Annual Turnover of the entity doesn't exceed Rs 100 crores for any financial year since incorporation
An entity should have a plan for development or improvement of a Product, process or Service and/or have a scalable business model with high potential for the creation of wealth and employment.

Startups are allowed to self certify compliance for six labour laws and 3 environment Laws.
Access to Funds and Investments from HNI,venture capitalist,& FII’s
Exemption from Income tax for any three consecutive years out of the first 10 years. For availing this exemption, the startup should be approved by the inter-ministerial Panel in addition to approval by DIPP & Sec 80U certificate from income tax department.
Exemption from Angel Tax.i.e Tax on share premium received in excess of Fair Market Value.
Easy winding up of startups under the Insolvency and Bankruptcy Code, 2016
Rebate on cost and Fast Track Approval for IPR (i.e Patent, copyright, trademark) applications.

Incorporation Certificate
PAN Card
Authorisation letter of partner/director
Proof of concept like pitch deck/website link/video for validation/early traction/scaling stage startup

Startup India Registration