Vernovate Pvt Ltd, a startup incubated at down town Venture Labs (dtVL), the technology business incubator of Assam down town University, has secured a grant of ₹8 lakh under the Arunachal Pradesh Entrepreneurship Development Program (APEDP 5.0). The program is organised by the Arunachal Pradesh Innovation and Investment Park (APIIP). The startup, competing with thousands of applicants, secured 26th rank among the selected startups, earning the grant to further accelerate its innovation and entrepreneurial journey.
This achievement marks a significant milestone for Vernovate, which was founded by Lungsom Lamnio, Aditya Singh, Ashutosh Pratap Singh, Debojyoti Paul, and Amit Sharma. Vernovate has previously received the ₹5 lakh DST-NIDHI-iTBI Ignition Grant, implemented by down town Venture Labs. The startup’s success highlights Assam down town University’s continued commitment to nurturing young entrepreneurs through incubation, mentorship, industry collaboration, and access to funding opportunities.
The University has congratulated Team Vernovate, its mentors, and the incubation team at down town Venture Labs Foundation on this significant milestone and wishes them continued success in their journey of innovation and impact.
