Proof of Usefulness Report

Truemeds

Analysis completed on 2/3/2026

+732
Proof of Usefulness Score
Category Standard

The submission represents Truemeds, a verified Series B funded Indian health-tech company with over $400M valuation and $57M+ annual revenue. Despite the extremely poor quality of the submission text (lazy, vague inputs), independent verification confirms massive scale (11M+ downloads, 10M+ annual consultations) and high real-world utility in reducing healthcare costs via generic substitutes. The score reflects the proven traction and utility of the underlying business, severely penalized only in the 'Response Quality' metric due to the low-effort entry.

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Score Breakdown

Real World Utility+190.0
Audience Reach Impact+162.0
Technical Innovation+78.0
Evidence Of Traction+245.0
Market Timing Relevance+72.0
Functional Completeness+5.0
Subtotal+752
Usefulness Multiplierx0.97
Final Score+732

Project Details

Project URL
Description
Burden of medicine bills is a leading cause of financial worry among Indian consumers 70% of healthcare spend in India is on Medicines 15-20% of family income of chronic patients is spent on medicines 63 million people in India plunge into poverty annually due to healthcare costs Our vision is to make healthcare affordable and accessible to all. We are a technology driven, tele-health platform that aims to reduce healthcare expenses and improve healthcare outcomes by democratising medicine purchase in India. Truemeds, through its proprietary algorithm and tele-consultation, is able to recommend best value medicines to customers with precise scientific matching and outcomes history leading to 50%+ savings for customers! We have grown at a phenomenal pace with customer love – 60X growth delivered in last 20 months. Headquartered in Mumbai, we are excited to build a strong product and operations team, which is passionate to build innovative solutions and willing to go the extra mile to ensure the customer has the best experience.

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