Proof of Usefulness Report

Nestaway Technologies

Analysis completed on 1/26/2026

+560
Proof of Usefulness Score
Industry Mainstay

Nestaway is a recognized brand in the Indian proptech sector with significant historical traction (35k+ tenants, $100M+ funding), though it recently faced a distressed acquisition by Aurum PropTech. The project possesses high real-world utility and verified large-scale reach. However, the submission quality is notably poor, featuring hyperbolic claims ('most people have used my product') and sloppy data entry, which negatively impacts the Response Quality and Traction verification scores. Despite the low-effort submission, the verified operational scale of the business keeps the score in the upper range.

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Score Breakdown

Real World Utility+212.5
Audience Reach Impact+160.0
Technical Innovation+60.0
Evidence Of Traction+131.25
Market Timing Relevance+40.0
Functional Completeness+5.0
Subtotal+608.75
Usefulness Multiplierx0.92
Final Score+560

Project Details

Project URL
nestaway.com
Description
NestAway is India's fastest growing \"Home Rental Network\"attempting to provide better rental solutions via design and technology. \r\n\r\nWe help you find, book \u0026 move-in to a rental home of choice across Indian cities - all from within an app. Not just that, we help you move-in, ask for services from tap leakage to door lock broken, pay your rent \u0026 finally move-out - again all within the app. Whatever is your budget ( INR 4000 to 100,000), whatever you call home( a bed, a room or an entire house). we have something for you. \r\n\r\n35,000+ people call us home. 12500+ Owners call us friends. We are building India's much needed social infrastructure of affordable city housing. They say we suffer from a rare condition frequently observed among poets - 'imagination \u0026 empathy'.\r\n

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