Assam down town University Incubated Startup Vernovate Secures ₹8 Lakh APEDP 5.0 Grant
Vernovate Pvt Ltd, a student startup incubated at down town Venture Labs (dtVL), the technology business incubator of Assam down town University, has secured an ₹8 lakh grant under the Arunachal Pradesh Entrepreneurship Development Program (APEDP 5.0), organised by the Arunachal Pradesh Innovation and Investment Park (APIIP).
Competing with thousands of applicants, Vernovate secured 26th rank among the selected startups, earning the grant to further accelerate its innovation and entrepreneurial journey.
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 achievement highlights Assam down town University’s continued commitment to nurturing young entrepreneurs through incubation, mentorship, industry collaboration and access to funding opportunities.
The University congratulates 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.
