Navisteps

Navisteps is a legitimate Singapore-based expense management startup that raised $1M in pre-seed funding in 2020. However, the project submission contains highly exaggerated and unverifiable claims (e.g., 'most people have used my product', audience reach 'everyone'). While the underlying business exists and solves a valid problem for SMEs, the lack of recent verifiable milestones and the poor quality of the submission significantly lower the score. The product fits the 'Minimal traction' calibration bucket due to the lack of evidence for scaling beyond the seed stage.