Proof of Usefulness Report

ESOPDhan

Analysis completed on 1/20/2026

+200
Proof of Usefulness Score
Gaining Momentum

ESOPDhan is a verified legitimate FinTech startup in India (registered NBFC) providing loans against vested ESOPs, founded by Shravan Shroff and Nitin Agarwal. While the submission itself contains low-quality, hyperbolic claims (e.g., 'most people have used my product', 'audience: everyone'), external verification confirms the project has disbursed over ₹20 Crore to employees of unicorns like Harness and Phenom. The project addresses a high-utility financial problem (tax/exercise cost liquidity) but is a niche B2B/high-net-worth service, not a mass-market product. The score reflects the solid business fundamentals and market timing, heavily penalized for the poor quality and inaccuracy of the submission data.

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Score Breakdown

Real World Utility+85.0
Audience Reach Impact+16.0
Technical Innovation+12.0
Evidence Of Traction+65.0
Market Timing Relevance+34.0
Functional Completeness+1.0
Subtotal+213
Usefulness Multiplierx0.94
Final Score+200

Project Details

Project URL
Description
ESOPDhanis in the HRTech Industry

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