Proof of Usefulness Report

Indialends

Analysis completed on 1/23/2026

+606
Proof of Usefulness Score
Category Standard

The project 'IndiaLends' is a verified, large-scale fintech company with significant revenue (~$8.5M) and funding (~$32M). However, the submission itself is of low quality, featuring an incorrect project name ('LunarKeeper') and flippant responses to traction questions ('most people have used my product'). Despite the poor submission effort, the underlying entity has high Real-World Utility and Traction, warranting a score in the 'Much larger scale' range (400-700), adjusted downward for the submission errors.

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Score Breakdown

Real World Utility2.5)
Audience Reach Impact2.0)
Technical Innovation1.5)
Evidence Of Traction2.5)
Market Timing Relevance1.0)
Functional Completeness0.5)
Subtotal+712.5
Usefulness Multiplierx0.85
Final Score+606

Project Details

Project URL
indialends.com
Description
IndiaLends is a leading consumer lending platform that provides the customers with financial products and services such as loans \u0026 credit cards. As a credit-scoring \u0026 analytics platform we are focussed on disrupting the fragmented consumer lending market in the country. Our team consists of experienced professionals from top-notch institutions such as IITs, LBS, IIMs, Stephen's College, LSE and various institutions of global repute. \n\nWhat makes us unique is that we are able to extend services even to first-time borrowers \u0026 individuals from low-income segments. \n\nFounded in the year 2015, IndiaLends already has over 1 million customers, and 50+ banking partners. We rely on the backbone of technology and machine learning for our credit underwriting and analytics capabilities, and to offer more consumer-focused products. \n\nCurrently we offer our services through our web platform in addition to our iOS and Android apps. We have so far raised over $5 million in funding.\n

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