Proof of Usefulness Report

Grexter

Analysis completed on 1/22/2026

+266
Proof of Usefulness Score
Gaining Momentum

Grexter is a verifiable, acquired co-living business in Bangalore with significant real-world traction (1500+ beds, $1.6M+ funding, acquired by Aurum PropTech). While the project has strong fundamentals and a successful exit, the submission itself was of poor quality (e.g., listing 'art' as technology, claiming 'everyone' as audience). The score reflects the solid business metrics ('Comparable Scale') balanced against low technical innovation and poor submission clarity.

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Score Breakdown

Real World Utility+85.0
Audience Reach Impact+28.8
Technical Innovation+16.8
Evidence Of Traction+110.4
Market Timing Relevance+35.2
Functional Completeness+4.0
Subtotal+280.2
Usefulness Multiplierx0.95
Final Score+266

Project Details

Project URL
grexter.in
Description
Grexter is a hospitality provider that offers working professionals and students state-of-the-art living spaces, which emphasize on community and diversity. They help tenants experience ‘Ease of Living’ by offering a wide range of standardized and well maintained services that cater to their every need, just like at home. This lifestyle/way of living is built on a platform of complete safety and transparency.\n\nTraction \u0026 numbers:\n17+ Locations across Bangalore with 8.6 acres under management\n900 rooms and 1500+ beds currently\nOccupancy of 97% at mature locations

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