Under the Startup India Scheme, startup companies can self-certify their compliances under few labour and environment laws as notified by the government. This has been done with a primary objective to ensure business efficiency, effectiveness and to keep their focus on the core business with relatively low cost on compliances.

Startup India Scheme provides new startup with a few intellectual property benefits like fast tracked patent application, reimbursement of patent application charges, reimbursement of trademark application charges, and reimbursement of cost of facilitation, etc.

Many tax exemptions benefits are offered by the government to the new startups recognised by the DPIIT including 100% exemption of income tax under Section 80-IAC, exemption under the Section 56 (2) (viib) of the Income Tax Act, 1961

Normally, government asks for a prior experience from an applicant who applies for a tender floated by the government. These requirements are relaxed by the government for new startup registered under Startup India Scheme.

The Startups registered under Startup India Scheme are granted permission which enables them to wind up their operations within a period of 90 days. An insolvency professional shall be appointed for the Startup, who shall be in charge of the company for liquidating its assets and paying its creditors after filing the application pertaining to the same.

Government e-Marketplace (GeM) is the web-based portal and one of the prominent market-place for Government Departments to procure products and services. DPIIT Recognized Startups are permitted to use such a platform to sell their offerings to government-based entities.

The startup can raise funds and capital through the fund of funds initiative by Startup India. The Indian Government has allocated INR 10,000 Cr. For the development of Startups in India. The management of such funds is done by Small Industries Development Bank of India (SIDBI) and its jobs to render equity funding support for the innovation-driven enterprises. SIDBI shall provide funds to Startups approved by Implementing Agencies.