Proof of Usefulness Report

Supram Industries

Analysis completed on 2/11/2026

+292
Proof of Usefulness Score
Gaining Momentum

Supram Industries is a verified, established manufacturing SME (founded 1994, Bangalore) with tangible operations, ~125 employees, and significant B2B traction in automotive components (clients include Minda, Mitsubishi). They have expanded into IoT with the 'RiGAS' LPG safety device, which won a Govt of Karnataka award. However, the submission itself contained low-quality data (e.g., 'marketcap: 500000', vague 'everyone' reach, and hyperbolic traction claims). Despite the poor submission quality, the underlying business is solid and comparable in scale to the calibration benchmark ($2M-$3M estimated annual revenue).

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Score Breakdown

Real World Utility+90
Audience Reach Impact+52
Technical Innovation+36
Evidence Of Traction+68
Market Timing Relevance+28
Functional Completeness+4
Subtotal+278
Usefulness Multiplierx1.05
Final Score+292

Project Details

Description
Supram Industries was established in the year 1994 by Mr. Narayana Prasanna in Bangalore, India. We are a professionally managed company engaged in producing B2B products such as sub-assemblies and electronic embedded products for different applications in the society and industry. The manufacturing products range from Precision turned and machined components, Slider assemblies for automobile seats, Stamped and pressed metal components, Fabrication, and allied engineering products. With the present trend of Information and Communication across the globe, Supram Industries believes in innovating new products that deliver value to all our stakeholders. As a result, Supram is continuously upgrading itself with Process improvements, Product improvements and Innovative New Product Development process. Supram is one of the most reputed SME in the field of manufacturing CNC machined components, pressed sheet metal components, slider assemblies for automobile seats, sub-assemblies, jigs-fixtures and allied engineering products. We are well equipped with machineries, design software and measuring instruments of all types. We guarantee prompt services and international standard quality to meet our customers’ expectations in terms of quality, cost, and timely supply. We endeavour to be responsive to the needs of our clients with improved process and Production facilities. Business integrity is of paramount importance in our company ethos, while dealing with suppliers and clients. We have adopted an open management style to foster an environment of enthusiasm and build team spirit amongst ourselves. Our proud recent additions include a new IoT equipped product, RiGAS – India’s first LPG Management System embedded with a gas leak alert system, allowing users to connect to four smartphone devices simultaneously to monitor usage and track gas leakage to prevent LPG fire accidents for households amongst other host of benefits.

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