Proof of Usefulness Report

indiagold

Analysis completed on 1/23/2026

+508
Proof of Usefulness Score
Industry Mainstay

Indiagold is a verifiable, high-growth Series A fintech startup (raised ~$24M) solving a genuine liquidity problem in India through gold monetization. The project demonstrates significant real-world utility and traction (over $300M in disbursed loans). However, the submission itself is of low quality, containing filler data (e.g., 'WhisperRider', 'space-technology') and lacking verifiable evidence, which significantly impacts the Response Quality and Audience Reach scores despite the project's actual success.

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Score Breakdown

Real World Utility+150
Audience Reach Impact+110
Technical Innovation+100
Evidence Of Traction+125
Market Timing Relevance+75
Functional Completeness+5
Subtotal+565
Usefulness Multiplierx0.90
Final Score+508

Project Details

Project URL
Description
Our mission is to empower our fellow citizens build a more predictable and secure future by effectively monetising their assets.\n\nindiagold has built a product \u0026 technology platform that enables regulated entities to launch or grow their asset backed products across geographies; without investing in operations, technology, people or taking any valuation, storage or transit risks.\n\nOur use of deep-tech is changing how asset backed loans have been done traditionally. Some examples of our innovation are - lending against digital gold, 100% paperless/digital loan onboarding process, computer vision to test gold purity as opposed to manual testing, auto- scheduling of feet-on-street, customer self-onboarding, gold locker model to expand TAM \u0026 launch zero-touch gold loans, zero network business app \u0026 many more.\n\nWe are rapidly growing team passionate about solving massive challenges around financial well-being.\n\nWe are a rapidly growing organisation with empowered opportunities across Sales, Business Development, Partnerships, Sales Operations, Credit, Pricing, Customer Service, Business Product, Design, Product, Engineering, People \u0026 Finance across several cities. \n\nWe give our employees the tools and benefits they need to do their best work, in the way that’s best for them. We have a tax friendly compensation structure, collaborative culture, intraprenuership opportunities, a technology hub in UAE, comprehensive medical insurance policy and wealth creation opportunity through ESOPs. \n\nMoreover, indiagold has achieved a rare recognition from DIPP, Govt. of India, where ESOP holding employees won't have to pay taxes at the time of exercising. \n\nWe value the right aptitude \u0026 attitude than past experience in a related role, so feel free to reach out if you believe we can be good for each other.

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