Kerala startup BillionLives makes it big at Dubai GITEX; unveils new ESG planning and reporting tool
BillionLives shows off ImGrows, an ESG SaaS product that enables corporate sustainability reporting based on global frameworks
Start-up firm BillionLives, whose technology has been part of some of the country’s largest direct benefit schemes including the Pradhan Mantri Matru Vandana Yojana (PMMVY) under the Union Ministry of Women and Child Development, has unveiled its new ESG planning and reporting tool ‘ImGrows’ at Asia’s premier tech show, GITEX 2021, in Dubai. The start-up was incubated under Kerala Startup Mission (KSUM), the Kerala state’s nodal agency for entrepreneurship development and incubation activities.
ImGrows from BillionLives aims at simplifying ESG planning processes so as to aid corporate companies to plan their ESG functionalities besides enabling corporate sustainability reporting based on global reporting frameworks such as SASB, GRI and BRSR.
The platform currently supports global frameworks like SASB as well as GRI, and also incorporates India’s sustainability reporting framework, BRSR, which comes into force from the next financial year, a KSUM source said.
BillionLives ImGrows to help corporates speed up sustainable development
According to John Santhosh, founding member at BillionLives, the company achieving the ImGrows launch milestone at the prestigious was GITEX will help it become part of the Middle East’s sustainability reporting initiatives. ImGrows is expected to would help corporates in speeding up their commitments towards initiatives such as UNSDG and Net Zero on a global scale.
ImGrows works in such a way that it helps corporates track their ESG goal progress and present the data to various ESG rating agencies. The data can also be provided to financial institutions and regulators so as to establish the ESG credentials of the corporate while availing various services. BillionLives has offices in Kochi and Bangalore.
BillionLives is among the total 20 startups supported by the Kerala Startup Mission who are showcasing their products, immersive technology skills and sustainable ideas at the four-day annual GITEX Future Stars 2021 in Dubai.
Kerala startup contingent to GITEX largest in the country
From across India, as many as 50 Indian startups are participating in the expo, which is termed the biggest startup event of the Middle East, North Africa and South Asia together. Among these, with 20 companies, Kerala has the largest contingent.
Kerala’s contingent of startups is those that work in sectors such as logistics, fintech, robotics, retail to enterprise, healthcare, and petroleum/oil and gas. Besides BillionLives, others in the line-up include ActiveLogica Lifescience Innovations, Bitvoice Solutions, Embright Infotech Private Limited, Express base Systems, EyeRov, Fedo.ai, Fynext Innovations, IVA, Medtra Innovative Technologies, Neonicz Software Solutions, Netroxe IT Solutions, RetailbeanLite, Ronds Technologies, ShopDoc, TEB Solutions, Tiltlabs, Tranzmeo It Solutions, TutAR App, and Visualyze.ai.
All these startups, apart from displaying their products and innovations, will also look at expansion and investor connect to the Middle East, the KSUM source added.
