G20 taskforce aims to agree on common definition for startups globally1 min read . Updated: 14 Mar 2023, 08:46 PM IST
- As per DPIIT, an entity would be considered a startup up to 10 years from its date of incorporation and if its turnover for any of the financial years since incorporation does not exceed ₹100 crore
Aimed at harmonizing the global startup ecosystem, the ‘Foundation and Alliances taskforce’ of the G20 is working to arrive at a common definition of startups globally that would influence policy going forward, senior DPIIT officials said at a press briefing on Tuesday.
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