Proof of Usefulness Report

Tecnovity HealthTech

Analysis completed on 2/15/2026

+23
Proof of Usefulness Score
You're In Business

Tecnovity HealthTech is a verified legal entity in Chennai (inc. 2022) offering an Ophthalmology EMR product 'TYEVision'. However, the submission contains severely exaggerated claims, stating the audience is 'everyone' and that 'most people have used my product', while independent data shows annual revenue under $1,000 USD (FY2024). The stated 'marketcap' of 2.5M likely refers to INR paid-up capital (~$30k USD), not company valuation or revenue. The project is at a very early, pre-seed stage with standard technology and negligible verifiable traction, contrasting sharply with the submission's inflated descriptions.

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Score Breakdown

Real World Utility+15.0
Audience Reach Impact+0.5
Technical Innovation+4.5
Evidence Of Traction+0.125
Market Timing Relevance+4.0
Functional Completeness+0.5
Subtotal+24.625
Usefulness Multiplierx0.95
Final Score+23

Project Details

Project URL
tecnovityht.com
Description
Tecnovity HealthTech is a New Age HealthTech Company that provides Online and Mobile based health care Products and Solutions using innovative Digital Technologies. Tecnovity HealthTech products and solutions are focused on building a healthcare social network comprising of professionals including various Health Care Specialists, Health Care Providers, HealthTech Consultants, Health care product Companies, Labs, Insurance Providers, Public Health Systems including on-line treatment services, on-line ayurvedic health care services, research, product, and support services. Products and solutions are focused towards areas like Specialized domains including Ophthalmology, Diabetology, Dental Care etc. Tecnovity HealthTech is privately held Company, headquartered in Chennai (India).

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