Proof of Usefulness Report

Karur Vysya Bank

Analysis completed on 1/24/2026

+639
Proof of Usefulness Score
Category Standard

Karur Vysya Bank (KVB) is a major, publicly listed Indian bank established in 1916 with significant scale (>5,000 employees, billions in revenue). While the entity possesses immense real-world utility and verified traction, the specific project submission 'IronWing' suffers from extremely poor response quality, lacking specific technical details or evidence. The high score reflects the bank's established market position, heavily penalized by the lack of effort in the submission and low innovation transparency.

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Score Breakdown

Real World Utility+237.5
Audience Reach Impact+180.0
Technical Innovation+48.0
Evidence Of Traction+190.0
Market Timing Relevance+60.0
Functional Completeness+2.5
Subtotal+718
Usefulness Multiplierx0.89
Final Score+639

Project Details

Project URL
kvb.co.in
Description
Karur Vysya Bank (KVB) is a prominent Indian private-sector bank headquartered in Karur, Tamil Nadu. Established in 1916, the bank has a rich history of providing a wide range of financial services to its customers. KVB offers various banking products, including personal banking, corporate banking, and NRI banking services. The bank is known for its customer-centric approach, offering services such as savings and current accounts, fixed deposits, loans, insurance, and investment options. With a strong focus on technology, Karur Vysya Bank has embraced digital banking solutions to enhance customer experience and streamline operations. The bank operates a network of branches and ATMs across India, ensuring accessibility and convenience for its customers.

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