Proof of Usefulness Report

Mighty

Analysis completed on 1/25/2026

+21
Proof of Usefulness Score
You're In Business

The project 'Mighty' (previously associated with the brand 'Prosperly') addresses a valid need for financial literacy in India but demonstrates negligible traction and significant credibility issues. External data confirms the company generated only ~₹4.6 Lakhs ($5.5k USD) in annual revenue as of 2024, contradicting the submission's implies scale. The submission contains critical red flags, including the demonstrably false claim that 'most people have used my product' and outdated text regarding a 2022 launch. The project appears to be a struggling early-stage venture in a crowded fintech market with no verifiable competitive advantage.

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Score Breakdown

Real World Utility+50.0
Audience Reach Impact+2.5
Technical Innovation+20.0
Evidence Of Traction+2.5
Market Timing Relevance+30.0
Functional Completeness+5.0
Subtotal+19.88
Usefulness Multiplierx1.08
Final Score+21

Project Details

Project URL
getmighty.in
Description
Prosperly is a new-age digital wealth platform that will help any middle-class Indian confidently build wealth through a customised goal-based portfolio, unbiased guidance, and on-demand financial education. We are currently a 10-member team based in Bangalore, planning to launch to users in June 2022. The founder Rajeev Chebolu is an alumnus of IIT Madras \u0026 Kellogg School of Management with over 12 years of experience in private equity and CFO roles at start-ups.\n\nMarket Opportunity \u0026 Mission:\nIndians are hugely 'under-invested' - only 8% of total household wealth is held in listed stocks \u0026 mutual funds, while 51% are held in cash, bank deposits, insurance policies etc. Our product will help any Indian, irrespective of the assets they own, build an investment portfolio customised to their goals \u0026 risk profile. We aim to serve at least 1 million middle class Indians as customers within the next five years.

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