Proof of Usefulness Report

Cleartax

Analysis completed on 2/6/2026

+467
Proof of Usefulness Score
Industry Mainstay

Cleartax is a market-leading tax filing platform in India with massive verifiable traction (10M+ users, $25M+ revenue), fitting the 'Much larger scale' calibration tier. However, the submission itself is of extremely poor quality, providing minimal detail ('DeepHunter', 'most people have used my product') and incorrect team/revenue data compared to public records. The high score reflects the verifiable real-world utility and scale of the entity, severely penalized in the Response Quality and Innovation documentation categories.

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Score Breakdown

Real World Utility+118.75
Audience Reach Impact+95.00
Technical Innovation+45.00
Evidence Of Traction+118.75
Market Timing Relevance+45.00
Functional Completeness+2.50
Subtotal+425
Usefulness Multiplierx1.10
Final Score+467

Project Details

Project URL
Description
ITR Platform

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