The document defines what constitutes a startup according to the Department for Promotion of Industry and Internal Trade (DIPP) in India. It must be an incorporated entity within 7 years (10 years for biotech startups) with annual turnover not exceeding Rs. 25 crore. The document outlines benefits of registering as a startup such as self-certification, tax exemptions, and access to funds. It provides steps to apply for startup registration and certification. It promotes various startup support initiatives in Telangana and India while cautioning against simply waiting for schemes and to take action to build the business.