Proof of Usefulness Report

CheqUPI (YC S23)

Analysis completed on 2/3/2026

+240
Proof of Usefulness Score
Gaining Momentum

CheqUPI (YC S23) addresses a critical pain point for travelers and expats in India with high utility. Despite a low-quality submission featuring hyperbolic claims ('everyone', 'most people') and missing data, external verification confirms significant traction (YC backing, >150k users, funding). The score reflects the strong underlying business and market timing, penalized heavily for the poor quality of evidence provided in the input.

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Score Breakdown

Real World Utility+92.0
Audience Reach Impact+38.4
Technical Innovation+39.0
Evidence Of Traction+52.5
Market Timing Relevance+38.0
Functional Completeness+1.0
Subtotal+260.9
Usefulness Multiplierx0.92
Final Score+240

Project Details

Description
UPI for foreigners, expats, NRIs/OCIs powered by Transcorp . When in India, Pay Like Indians . Download Now . https://link-to.app/chequpiwebsite

Algorithm Insights

Market Position
Growing utility with room for optimization
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