Proof of Usefulness Report

Unofin

Analysis completed on 2/1/2026

+581
Proof of Usefulness Score
Industry Mainstay

Unofin is a verified, successful healthcare fintech company acquired by LoanTap in 2023. Search confirms roughly ₹57Cr ($6.8M) in revenue and 1000+ hospital partnerships. However, the project submission itself was of extremely low quality, containing false claims ('most people have used my product') and generic tags. The score reflects the high real-world value and proven traction of the company, heavily penalized by the poor quality of the submission evidence.

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Score Breakdown

Real World Utility+90.0
Audience Reach Impact+42.0
Technical Innovation+65.0
Evidence Of Traction+54.0
Market Timing Relevance+85.0
Functional Completeness+10.0
Subtotal+631.5
Usefulness Multiplierx0.92
Final Score+581

Project Details

Project URL
Description
Unofin is a healthcare specialist fintech player which aims to plug credit gap across healthcare value chain through strong interplay of technology and healthcare data. \n\nCompany offers instant and customizable financing solutions to patients for funding medical procedures (electives as well as non-electives). \n\nThe company has tie-ups with over 1000+ healthcare providers including marquee hospitals such as Fortis and Sir Ganga Ram, and leading clinics in IVF, cosmetology and urology.\n\nThe company is backed by key investors including Lets Venture, Dr Pinak Shrikhande (Principal, Healthquad), Brijesh Agrawal (Co-founder, Indiamart), Dr. Atul Kapoor (Promoter, Regency Healthcare) and Ashish Gupta (Healthcare Partner, Grand Thorton) and Jaimin Bhatt (CFO, Kotak Bank), amongst others.

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