Proof of Usefulness Report

Digio.in

Analysis completed on 1/19/2026

+660
Proof of Usefulness Score
Category Standard

Digio.in is a verifiable market leader in India's digital infrastructure space (eSign, KYC, eNACH), processing transactions for major fintechs like Zerodha and Groww. External verification confirms robust financials (~$12M Revenue, ~$5M Profit, ~$130M Valuation), validating the '10700000000' figure entered in the revenue field as the valuation in INR. While the submission itself was low-effort (e.g., 'most people have used my product'), the underlying business has exceptional utility, verifiable traction, and massive indirect reach (100M+ users). The score reflects a highly successful, profitable 'soonicorn' penalized slightly for submission quality.

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+235
Audience Reach Impact+162
Technical Innovation+123
Evidence Of Traction+190
Market Timing Relevance+88
Functional Completeness+7
Subtotal+805
Usefulness Multiplierx0.82
Final Score+660

Project Details

Project URL
digio.in
Description
Digio (www.digio.in) is a Bangalore based startup founded in 2016 by (Ex-Flipkart, Twitter) folks, started with the mission to take identity as root and enable processes around to go Digital with its flagship offerings for Digital Signing, Digital KYC (Self and assisted Video Kyc, OCR, Face Match, Aadhaar eKyc for India, Fraud detection) and Recurring Payment collections using Electronic National Clearing House. Largest platform in India for its Digital Signing offerings, started in 2016 and profitable since last 3 years. Digio's drag and drop based user onboarding journey builder with no code approach allows a business to go digital in no time with API\u0026SDK or Email/SMS links or directly via Dashboards, leveraging its in-house developed AI and ML for OCR, Face Match, Image tempering, video processing and IndiaStack/Aadhaar eco-system for Identity verification and digital signing. It can be followed by eNACH (Digio is the largest platform in India for eNACH) for Lending, SIP or any subscription based recurring payment collections.
Audience Reach
everyone
Target Users
everyone
Technologies
Payments, Machine Learning, Developer Tools
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