Proof of Usefulness Report

Mihuru

Analysis completed on 1/25/2026

+239
Proof of Usefulness Score
Gaining Momentum

Mihuru is a legitimate Mumbai-based fintech company (founded ~2016) offering 'Travel Now Pay Later' solutions. While the project has successfully raised ~$7.8M in funding, it shows concerningly low revenue (~$50k/year) for its maturity. The submission contained highly inaccurate and hyperbolic claims (e.g., 'most people have used my product', 'audience: everyone'), which severely impacted the Response Quality score. The product solves a genuine problem (affordability) but lacks the broad traction claimed.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+18.75
Audience Reach Impact+5
Technical Innovation+9
Evidence Of Traction+11.25
Market Timing Relevance+6
Functional Completeness+0.25
Subtotal+50.25
Usefulness Multiplierx0.95
Final Score+239

Project Details

Project URL
Description
Mihuru means 'My Freedom' and our flagship product is flexible payments to make travel affordable. We let you book your flights, holiday packages and hotels by paying a small deposit upfront. Balance payments are spread over months. This makes the trip affordable and lets you save up to 40% on airfare.\n\nFor instance, if you are flying from Mumbai to Bangkok in December the airfare today will be c.Rs.19,500 per person. Instead of having to cough up the entire amount at the time of booking, you can pay only Rs.4,100 at the time of booking. The balance of Rs.5,500 can be paid in three instalments prior to your flight in December (or after, depending on your risk profile)\n\nThis makes the cash outflow manageable and places less financial stress in one particular month. It also saves you from paying an extra Rs.4,000-6,000+ had you booked closer to date. Imagine everything else you could do with that money instead of wasting it on airfare just because you were too lazy to plan ahead!!

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