Proof of Usefulness Report

HealthCred

Analysis completed on 2/2/2026

+280

Proof of Usefulness Score

Gaining Momentum

HealthCred is a verified B2B healthcare financing startup in India that raised $1.2M in Seed funding (Aug 2024) from Antler India and TRTL VC. The project solves a genuine utility problem (working capital for hospitals). However, the specific submission received is of extremely low quality (likely spam/bot) with fake email and traction claims. The score reflects the legitimate potential of the underlying company, heavily penalized for the poor submission quality and early-stage reach compared to established brands.

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Score Breakdown

Real World Utility+100.0

Audience Reach Impact+40.0

Technical Innovation+45.0

Evidence Of Traction+75.0

Market Timing Relevance+40.0

Functional Completeness+5.0

Subtotal+305

Usefulness Multiplierx0.92

Final Score+280

Project Details

Project URL

https://healthcred.co.in/

Description

HealthCred stabilizes cash flows for healthcare stakeholders (hospitals, medical device/drug manufacturers, distributors, importers, and more) through custom financing solutions at fair and flexible pricing. HealthCred-powered stakeholders see a significant increase in revenue realization, which aligns with Sustainability Development Goals (SDG) Target 3.8, aimed towards improved financial inclusivity in healthcare. Want to know more? Reach us at info@healthcred.co.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