Proof of Usefulness Report

Halonix Technologies Pvt. Limited

Analysis completed on 2/11/2026

+550
Proof of Usefulness Score
Industry Mainstay

The project represents Halonix Technologies, a verified top-tier lighting and electricals manufacturer in India with significant scale (~$70M+ annual revenue, ~950+ employees). However, the submission itself is of extremely low quality, containing copy-pasted marketing text, nonsensical revenue figures ('marketcap: 2500000'), and unverifiable traction claims ('most people have used my product'). The score reflects the high real-world utility and proven market reach of the actual entity (verified via external search), but is heavily penalized by low Quality Factors due to the lack of evidence provided in the submission.

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Score Breakdown

Real World Utility+180.0
Audience Reach Impact+171.0
Technical Innovation+67.5
Evidence Of Traction+112.5
Market Timing Relevance+64.0
Functional Completeness+2.5
Subtotal+597.5
Usefulness Multiplierx0.92
Final Score+550

Project Details

Project URL
Description
Halonix is amongst India's fastest growing electrical company caters to both retail and institutional buyers with its innovative and smart-tech offerings across Lighting, Fans, Smart IOT products and products focusing on Safety & Security. Spearheading the technological revolution, the company has been at the forefront of introducing energy-efficient lighting solutions. Halonix was the first CFL manufacturer and was also the first to introduce LED lighting solutions in India. Today, Halonix is one of the top 5 lighting brands in the lighting industry. Halonix has carved a niche for itself in adding high-tech products such as a Speaker Bulb, family of Inverter Lighting Products, family of Prizm – Millions of Colours Lighting Solutions, Radar Motion Sensor Bulb and the family of All Rounder 3-wattages-in-one Bulbs and Battens to its product portfolio with an in-house product design and development team. Halonix also entered the Fans category with the launch of innovative products by combining innovation and user-centric design to create greater value for its customers in this category too. Some path breaking innovations include Morpheous – India’s first retractable blade chandelier fan, Halo - a novel design IOT fan, Cuboid - a low ceiling lighting and fan solution amongst others. Halonix Shield is Halonix's latest foray to provide innovative, value-for-money solutions to meet safety, security and hygiene needs of fellow Indians. As part of this endeavour, Halonix Shield is at the forefront of bringing novel, state-of-the-art, indigenously manufactured UVC sanitisation products and solutions for residential as well as institutional use. Every Halonix Shield solution carries the hallmark of quality and trust that our valued customers have come to expect from Halonix. All Halonix Shield solutions, are scientifically designed, rigorously tested and come with warranty and a full suite of repair and service capabilities.

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