Proof of Usefulness Report

Vahaan Bazar Private Limited

Analysis completed on 2/18/2026

+30
Proof of Usefulness Score
You're In Business

Vahaan Bazar is a legitimate, registered private limited company in India (incorporated May 2023) operating a niche B2B marketplace for commercial vehicles and construction equipment. While the project addresses a real-world problem in the unorganized vehicle sector and has a functional mobile app, the submission contains significant exaggerations. The claim that 'most people have used my product' is demonstrably false given the verifiable FY2024 revenue of ₹3.23 Lakhs (~$3,800 USD). The stated team size of 125 contradicts the financial reality, likely conflating employees with network agents. The 'marketcap' figure appears to be a confusion with authorized capital. The score reflects a functional early-stage business with minimal actual traction, severely penalized for hyperbolic claims and poor submission quality.

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+65.00
Audience Reach Impact+10.00
Technical Innovation+30.00
Evidence Of Traction+7.50
Market Timing Relevance+60.00
Functional Completeness+5.00
Subtotal+30.88
Usefulness Multiplierx0.98
Final Score+30

Project Details

Project URL
Description
Digital Market Place for all kinds of Commercial Vehicles & Construction Machineries.

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