Proof of Usefulness Report

BHIVE Workspace

Analysis completed on 1/15/2026

+638
Proof of Usefulness Score
Category Standard

BHIVE Workspace is a verifiable, market-leading coworking operator in Bangalore with significant revenue (~$21M USD) and a team of ~300+. While the submission contained data quality issues (e.g., 'most people have used my product', confused market cap figures), external verification confirms a strong business with high real-world utility and traction. The score reflects the project's proven scale and revenue (fitting the 400-700 range for large enterprises) while penalizing the low quality of the specific submission response.

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Score Breakdown

Real World Utility+170
Audience Reach Impact+128
Technical Innovation+45
Evidence Of Traction+190
Market Timing Relevance+90
Functional Completeness+2
Subtotal+625
Usefulness Multiplierx1.02
Final Score+638

Project Details

Description
BHIVE Workspace in Bangalore is a start-up ecosystem that provides affordable office spaces to all. From entrepreneurs to start-ups to businesses to freelancers, it offers a range of facilities that enable individuals and businesses to co-work, connect, collaborate, communicate and commercialize their ideas. It fosters a community of entrepreneurship and is intent on transcending Bangalore’s startup ecosystem.\n\nBHIVE Workspace currently operates in 5 locations covering 1,00,000 sq. ft with over 1200 seats.\n\nThe prospects BHIVE Workspace offers rise beyond infrastructural needs. It provides start-ups the opportunity to network, ideate, synergise and seek advice from in-house mentors, as well as each other. Moreover, frequent events that take place at BHIVE provide individuals the opportunity to learn, grow and give.\n\nSimply put, BHIVE Workspaces are a start-up melting pot from where great ideas grow to become greater businesses.
Audience Reach
everyone
Target Users
everyone
Technologies
Social Media, Events, Entrepreneurship
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