Proof of Usefulness Report

IX Energy Private Limited

Analysis completed on 2/11/2026

+21
Proof of Usefulness Score
You're In Business

The project presents severe discrepancies between claimed scale (125 team members) and financial/traction metrics ('50000 marketcap', 'most people have used it'). The claim that 'most people' use a niche B2B fleet product is demonstrably false. Likely a student project or dormant entity with no verifiable market presence since 2017.

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Score Breakdown

Real World Utility+10.0
Audience Reach Impact+0.5
Technical Innovation+4.8
Evidence Of Traction+0.1
Market Timing Relevance+6.0
Functional Completeness+0.25
Subtotal+21.65
Usefulness Multiplierx0.96
Final Score+21

Project Details

Project URL
Description
We work in the area of developing products and technology in the automotive area to solve fossil fuel consumption and environmental pollution related problems. We are developing low cost and economically viable kits for commercial vehicle fleet owners (public and private) to prove that cutting edge technology can be low cost and profitable. Fleet owners and OEMs approach us for product development and consultancy for delivering vehicles for the Indian scenarios. With real time upgrade of our control systems and fleet inter-connectivity through IoT, we are progressing towards faster and cheaper hybrid and electric solutions.

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