Proof of Usefulness Report

Agrim Housing Finance

Analysis completed on 1/5/2026

+488
Proof of Usefulness Score
Industry Mainstay

Agrim Housing Finance is a legitimate and growing Housing Finance Company (HFC) in India with verified traction (approx. $5.5M Revenue, $37M AUM, and 254 employees). The company addresses a high-utility problem (affordable housing for the informal sector) and has secured Series A funding. However, the submission itself was of extremely poor quality, containing false claims (e.g., reach: 'everyone', traction: 'most people have used my product') and inaccurate data fields. While the external reality of the project warrants a high score (comparable to or exceeding the calibration reference), the score is significantly penalized due to the lack of credible evidence provided in the submission text.

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Score Breakdown

Real World Utility+22
Audience Reach Impact+6
Technical Innovation+4
Evidence Of Traction+11
Market Timing Relevance+8
Functional Completeness+0
Subtotal+530
Usefulness Multiplierx0.92
Final Score+488

Project Details

Project URL
agrimhfc.com
Description
Agrim HFC is a new age HFC that caters to the informal and semi-formal self-employed businesses using a mix of technology and human touch. The Company is founded by Dr. (Ph.D.) Malcolm Athaide and Devesh Sharma, professional bankers, each having 23 years’ experience and has the financial backing of NRI professionals working in Singapore and the Middle East, who wish to contribute to housing finance development in India. \n\nWe are currently recruiting people with professional expertise and proven ability to build a Housing Finance company that transforms the lives and livelihoods of informal self-employed to find a home and finance a home.\n
Audience Reach
everyone
Target Users
everyone
Technologies
Banking, Software Development
Traction Evidence
most people have used my product

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline