Proof of Usefulness Report

NewsBytes

Analysis completed on 1/26/2026

+315
Proof of Usefulness Score
Certified Problem Solver

NewsBytes is a legitimate, VC-backed media technology company founded in 2015. External verification confirms approximately $2.9M in funding (North Base Media, Powerhouse Ventures) and annual revenue of ~$1M USD (₹8.2 Cr). The '56000000' figure in the input matches their reported valuation in INR (~$7M USD). The company utilizes a proprietary AI engine (YANTRA/Brahmastra) for automated explanatory journalism, demonstrating real technical utility. While the submission's claim that 'most people have used my product' is exaggerated and the input quality was low, the underlying business has verified traction, a significant team (47+ employees), and established market presence comparable to the reference calibration.

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Score Breakdown

Real World Utility+85
Audience Reach Impact+56
Technical Innovation+48
Evidence Of Traction+112.5
Market Timing Relevance+26
Functional Completeness+3
Subtotal+330.5
Usefulness Multiplierx0.95
Final Score+315

Project Details

Project URL
newsbytesapp.com
Description
NewsBytes is India’s only media technology company that has the ability to create content, in multiple languages, using an AI-powered engine. At NewsBytes, we are solving the biggest problem engulfing the media market: producing good quality content, across media formats, with minimal human intervention.\n\nNewsBytes is an amalgamation of two companies, one consumer-facing media platform leveraging the content engine to produce content and the other a B2B technology company helping companies to create content by licensing its technology.

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