Proof of Usefulness Report

CredR

Analysis completed on 1/18/2026

+367
Proof of Usefulness Score
Certified Problem Solver

CredR is a verified Series A/B funded company (raised ~$50M) in the Indian used two-wheeler market with significant historical revenue (~$5M FY24). However, recent external data indicates severe financial distress, including halted operations and salary delays as of late 2024. The submission quality is extremely poor, featuring vague/exaggerated claims ('everyone', 'most people') and lacking technical detail. The score reflects the massive historical scale and utility, heavily penalized for current operational instability and the low-effort submission.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+225
Audience Reach Impact+40
Technical Innovation+30
Evidence Of Traction+75
Market Timing Relevance+60
Functional Completeness+2
Subtotal+432
Usefulness Multiplierx0.85
Final Score+367

Project Details

Project URL
Description
CredR is India’s Most Trusted Used Two-Wheeler Consumer Brand that leverages Technology \u0026 Processes to simplify the Used Two-wheeler Market.\n\nCredR is a full stack, vertically integrated, omni-channel ecosystem for Used Two-Wheeler; We challenge ourselves every day to reinvent, enhance and create more value for our customers.\n\nThe brand aims at resolving the most common conflicts that a buyer or seller of used automobiles may face and boasts of a robust online as well as offline platform for buying and selling the same. \n\nThe agenda is simple – to make CredR the Most Trusted Consumer Brand for Used Two-Wheeler.
Audience Reach
everyone
Target Users
everyone
Technologies
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