Proof of Usefulness Report

Mahaana

Analysis completed on 2/9/2026

+258
Proof of Usefulness Score
Gaining Momentum

Mahaana is a legitimate, high-potential fintech backed by Y Combinator (S22) and verified as Pakistan's first SECP-licensed digital Asset Management Company. The founders possess strong domain expertise from Tundra Fonder. However, the submission quality was poor, containing exaggerated claims ('most people have used my product') and misused metrics ('marketcap' for revenue/funding). External verification confirms ~$2.1M-2.6M in funding and a solid regulatory moat, justifying a respectable score despite the low-quality input.

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Score Breakdown

Real World Utility+150.0
Audience Reach Impact+10.0
Technical Innovation+30.0
Evidence Of Traction+25.0
Market Timing Relevance+70.0
Functional Completeness+2.5
Subtotal+287.5
Usefulness Multiplierx0.9
Final Score+259

Project Details

Project URL
mahaana.com
Description
Mahaana is Pakistan’s first Digital Asset Management Company founded in 2022 by the globally renowned team of Tundra Fonder, Sweden. Mahaana has highly experienced investment managers with a proven track record of investments in Pakistan & global markets. The founders were part of the Tundra Sustainable Frontier Fund ranked the best fund in “New Markets” (global emerging market and frontier funds) in January 2022. While our co-founder, Shamoon Tariq, is an AAA rated Portfolio Manager by global rating agency, Citywire. Mahaana is also being backed by credible local and foreign sponsors including Y Combinator, VEF, IGI Vitality and Spark Labs. With the help of our partners we aim to create a sustainable and financially rewarding future for our clients by leveraging technology to deliver superior returns at a fraction of the costs charged by traditional investment managers.

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