Proof of Usefulness Report

iWeb Technology Solutions

Analysis completed on 1/24/2026

+286
Proof of Usefulness Score
Gaining Momentum

iWeb Technology Solutions is a verified EdTech entity in India with significant reach (700k+ students, 600+ colleges) and a verified operating history since 2005. While the project submission contained hyperbolic claims ('most people have used my product') and misused fields ('marketcap' in revenue), external validation confirms a legitimate business with seed funding and a clever B2B2C freemium model monetized via fintech partnerships. Revenue is modest (~$170k/yr verified), significantly lower than the implied figures, but user adoption is substantial.

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Score Breakdown

Real World Utility+22.50
Audience Reach Impact+16.80
Technical Innovation+9.00
Evidence Of Traction+19.50
Market Timing Relevance+7.00
Functional Completeness+0.50
Subtotal+75.30
Usefulness Multiplierx0.95
Final Score+286

Project Details

Project URL
iwebtechno.com
Description
iWeb has created a unique student universe that provides students, professors and administrators an amazing academic experience through a comprehensive digitized Edtech SaaS Enabled Marketplace (SEM) provided on a freemium model that brings banks, fintech, edtech and several other student service players on a common platform.We have over 700k higher education students on our platform across India. We have around 10 plus universities 600 plus colleges on board and we digitize edtech saas workflow.

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