Proof of Usefulness Report

Razorpay

Analysis completed on 1/28/2026

+748
Proof of Usefulness Score
Category Standard

Razorpay is a dominant fintech unicorn in India with a valuation exceeding $7B and thousands of employees. The project demonstrates exceptional real-world utility and massive audience reach, serving millions of businesses. While the submission data was brief and lacked detailed supporting documentation ('most people have used my product'), the core metrics (market cap, team size) are verifiable and indicate a market leader. The score reflects its established status, adjusted slightly downward for the low-effort quality of the submission text.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+245.0
Audience Reach Impact+190.0
Technical Innovation+127.5
Evidence Of Traction+220.5
Market Timing Relevance+90.0
Functional Completeness+7.5
Subtotal+880.5
Usefulness Multiplierx0.85
Final Score+748

Project Details

Project URL
Description
Razorpay, accessible via its domain razorpay.com, is a leading financial technology company based in India. Founded in 2014, Razorpay provides a comprehensive suite of payment solutions designed to facilitate seamless transactions for businesses of all sizes. The company offers a range of services including payment gateway integration, subscription billing, and payment processing for various payment methods such as credit cards, debit cards, net banking, UPI, and popular digital wallets. Razorpay is known for its user-friendly interface, robust security measures, and innovative features that help businesses manage their financial operations efficiently. Additionally, Razorpay has expanded its offerings to include business banking solutions, lending services, and a marketplace for financial products, making it a one-stop platform for all business financial needs.

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