Proof of Usefulness Report

Medevice Healthtech Pvt. Ltd.

Analysis completed on 2/4/2026

+38
Proof of Usefulness Score
You're In Business

Medevice Healthtech Pvt. Ltd. is a verifiable active entity in Pune, India, dealing in medical equipment and supplies. Search results confirm its incorporation in 2019 and participation in government tenders (e.g., Sports Authority of India). However, the project submission contains significant red flags: claiming 'everyone' as the audience, stating 'most people have used my product' (which is factually incorrect for a B2B distributor), and confusing 'authorized capital' (2.5M INR) with 'marketcap' or revenue. The company appears to be a traditional medical trader/distributor rather than a high-growth healthtech innovator. The low score reflects the poor quality of the submission and the disparity between the grandiose claims and the reality of a small-scale SME.

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Score Breakdown

Real World Utility+60
Audience Reach Impact+15
Technical Innovation+10
Evidence Of Traction+35
Market Timing Relevance+50
Functional Completeness+10
Subtotal+31.25
Usefulness Multiplierx1.2
Final Score+38

Project Details

Project URL
medevice.co
Description
We are Medical equipment dealers and supplies manufacturers. We aim to introduce new technologies and products to ever-expanding Indian healthcare industry. We currently deal in Multipurpose Cathlab, Onsite PSA Oxygen Generators, Infection Control, Drug Delivery systems, Digital X-ray, Mobile DR, C-Arms, Patient Monitors, Radiology Consumables, Ultrasound/ECG Gel. Apart from medical equipment we also deal in services such as electricity consumption monitoring, CCTV health monitoring, Patented electricity saving device, IoT services, and centralized monitoring services. We are coming up with innovative and attractive range of products and services. We are actively looking for more companies and channel partners to tie up with and market our product range across India.

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