Proof of Usefulness Report

Oolka

Analysis completed on 2/4/2026

+23
Proof of Usefulness Score
You're In Business

Oolka presents a standard fintech value proposition (credit management in India) but the submission is heavily penalized for hyperbolic and unverifiable claims. The statement 'most people have used my product' is factually impossible for a 2024 startup, and the confusion between monthly revenue and 'all time marketcap' indicates a lack of business precision or a low-effort submission. While the problem space is valid, there is no verifiable evidence of traction or technical novelty to support a higher score.

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Score Breakdown

Real World Utility+44.0
Audience Reach Impact+5.0
Technical Innovation+28.0
Evidence Of Traction+2.5
Market Timing Relevance+60.0
Functional Completeness+5.0
Subtotal+23.08
Usefulness Multiplierx0.98
Final Score+23

Project Details

Project URL
oolka.in
Description
Oolka is an AI-powered credit management platform based in Bengaluru, India, founded in 2024. It operates as a fintech solution designed to help individuals manage, track, and improve their credit scores through personalized insights and actionable steps. The platform partners with banks and financial institutions to offer features like loan EMI management, credit score analysis, and rewards for responsible financial behavior, aiming to democratize access to credit and promote financial wellness.

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