Proof of Usefulness Report

TechBine Concepts Pvt. Ltd.

Analysis completed on 2/11/2026

+28
Proof of Usefulness Score
You're In Business

TechBine Concepts Pvt. Ltd. is a verified but small-scale home automation business based in Mangalore/Udupi, India (registered Dec 2019). While the company exists and offers functional IoT products (likely white-labeled/distributed), the submission contains significant inaccuracies, such as claiming the audience is 'everyone' and that 'most people have used my product,' which contradicts its hyper-local presence and minimal digital footprint. The claimed 'marketcap: 500000' likely refers to INR (approx. $6,000), indicating a micro-business/dealer rather than a scalable tech startup. The project lacks technical novelty and relies on standard distribution models.

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+15.0
Audience Reach Impact+1.0
Technical Innovation+2.25
Evidence Of Traction+2.5
Market Timing Relevance+6.0
Functional Completeness+0.5
Subtotal+27.25
Usefulness Multiplierx1.03
Final Score+28

Project Details

Project URL
Description
TechBine Concepts Pvt LTD was conceptualized and established in 2020 with a vision of developing and manufacturing IOT based products all while being eco friendly. All our products are carefully planned to be inclusive, forward thinking and reduce the carbon footprint with our commitments to the environment.

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