Proof of Usefulness Report

NeoGrowth Credit Pvt. Ltd.

Analysis completed on 2/9/2026

+680

Proof of Usefulness Score

Category Standard

NeoGrowth Credit Pvt. Ltd. is a verified, major Indian fintech lender with significant scale (FY24 Revenue ~₹601 Cr / ~$72M USD) and verifiable impact (100k+ MSMEs served). Despite the high-quality underlying business, the submission itself ('ShadowForge') was of extremely low quality, containing false claims ('most people have used my product', 'Audience Reach: everyone') and inaccurate data (Team size exaggerated 10x). The score reflects the massive real-world utility and traction of the verified entity, heavily weighted against the poor submission quality.

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Score Breakdown

Real World Utility+237.5

Audience Reach Impact+136.0

Technical Innovation+105.0

Evidence Of Traction+190.0

Market Timing Relevance+85.0

Functional Completeness+2.5

Subtotal+756

Usefulness Multiplierx0.9

Final Score+680

Project Details

Project URL

neogrowth.in

Description

NeoGrowth is a new-age digital lender, registered with RBI, focusing on Micro, Small, and Medium Enterprises (MSMEs). We offer a wide range of products tailored to the dynamic needs of small businesses. Our data science and technology-led approach enable us to offer quick and hassle-free loans to MSMEs across 80+ segments in 25+ cities in India. We offer a unique daily repayment option to our customers with multi-channel repayment modes. We have served and engaged with 1,00,000+ businesses and supported them with their growth ambitions.

Algorithm Insights

Market Position

Strong market validation with clear user adoption patterns

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