Proof of Usefulness Report

Elecbits

Analysis completed on 2/4/2026

+534
Proof of Usefulness Score
Industry Mainstay

Elecbits (Azoox Technologies) is a verified B2B electronics manufacturing platform that recently raised ~$5.5M (Series A) from Nexus Venture Partners (Dec 2025). While the submission quality was extremely low (incorrect terminology, hyperbolic claims like 'everyone'), independent verification confirms significant traction, strategic market timing in the India manufacturing sector, and partnerships with major OEMs (Ola, Maruti). The score reflects high underlying business value dampened by the poor quality of the application data.

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Score Breakdown

Real World Utility+200.0
Audience Reach Impact+80.0
Technical Innovation+97.5
Evidence Of Traction+150.0
Market Timing Relevance+85.0
Functional Completeness+2.5
Subtotal+615
Usefulness Multiplierx0.87
Final Score+534

Project Details

Project URL

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