Startups refer to newly established businesses or companies that are in the early stages of development. These entrepreneurial ventures are typically characterized by their innovative ideas, disruptive business models, and high growth potential. Startups often operate in dynamic and competitive industries, aiming to bring new products, services, or technologies to the market. They are known for their agility, risk-taking mentality, and ability to adapt quickly to changing market conditions. Startups often seek funding from investors or venture capitalists to fuel their growth and expansion.