Proof of Usefulness Report

FindAuction.in

Analysis completed on 2/6/2026

+229
Proof of Usefulness Score
Gaining Momentum

FindAuction.in is a verifiable, functional platform aggregating Indian bank auction properties (SARFAESI/NPA) since 2019, addressing a genuine market fragmentation problem. External search confirms thousands of active listings (e.g., 9,000+ in Mumbai) and a legitimate operating history. However, the project submission itself is of extremely low quality, featuring demonstrably false traction claims ('most people have used my product'), incorrect financial terminology ('marketcap' for revenue/valuation), and a lack of technical detail. While the business falls into the 'Small but promising' category (100K-1M potential user base), the score is heavily penalized by the poor credibility of the submission inputs.

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Score Breakdown

Real World Utility+120.0
Audience Reach Impact+20.0
Technical Innovation+15.0
Evidence Of Traction+37.5
Market Timing Relevance+60.0
Functional Completeness+2.5
Subtotal+255
Usefulness Multiplierx0.9
Final Score+229

Project Details

Project URL
Description
FindAuction.in is India’s leading platform for discovering bank auction properties. We list thousands of SARFAESI, DRT, NPA, and foreclosure auctions from across the country, updated daily. ✅ Verified Listings from Banks & NBFCs ✅ Real-time Auction Alerts ✅ Pan-India Property Search by City, Locality, or Asset Type 🌐 Visit: https://findauction.in

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