Proof of Usefulness Report

Epick Bikes

Analysis completed on 2/11/2026

+53
Proof of Usefulness Score
You're In Business

Epick Bikes is a verified hardware startup based in Hyderabad, India, offering electric bicycles with swappable batteries for the B2B logistics market. External search confirms seed funding (e.g., MaGEHold, Alstom grant) and operational status since 2016. However, the project submission contains severe quality issues, including exaggerated claims ('most people have used my product'), vague audience definitions ('everyone'), and unintelligible financial metrics ('all time marketcap: 50000'). While the underlying business has real-world utility and verified local traction, the unprofessional submission heavily penalizes the Quality Factors, resulting in a low Proof of Usefulness score.

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Score Breakdown

Real World Utility0.25)
Audience Reach Impact0.20)
Technical Innovation0.15)
Evidence Of Traction0.25)
Market Timing Relevance0.10)
Functional Completeness0.05)
Subtotal+46
Usefulness Multiplierx1.15
Final Score+53

Project Details

Project URL
Description
Epick Bikes, a technology-driven electric vehicle (EV) startup, is dedicated to offering efficient and sustainable micro-mobility transportation solutions. With a focus on the hyperlocal delivery sector, Epick has successfully served over 15 clients and EV fleet operators. Their purpose-built Electric Bicycles have had a significant impact, reducing overall transportation costs by nearly 40% compared to low-speed e-scooters. Epick's strong commitment to in-house product development has resulted in the creation of India's most dependable electric bicycle available in the market. This product stands out due to its ability to be upgraded from a 50km range to a 100km range with a swappable battery pack, all within the same architecture. This versatility provides customers with multiple range options. Moreover, the electric bicycles come equipped with additional security features such as standalone GPS tracking and an IoT device. These features offer valuable data and insights on usage patterns, enabling businesses to make better-informed decisions. Epick goes beyond providing reliable products; they also offer dedicated support through their service team. This level of customer care has been instrumental in establishing Epick's presence in both the business-to-business (B2B) and business-to-consumer (B2C) markets. The team has undertaken the significant task of training existing bicycle mechanics to work with electric bicycles. Additionally, they are provided with an intuitive tech-based diagnosis tool to help identify any issues with the product instantly. With their robust product portfolio and dedicated service team, Epick is on track to become a leader in the industry while building a sustainable business.

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