Proof of Usefulness Report

Vector Finance Private Limited

Analysis completed on 2/17/2026

+626
Proof of Usefulness Score
Category Standard

Vector Finance Private Limited is a verified, RBI-registered NBFC-MFI with significant real-world scale (179+ branches, ~800 employees, ~$6M revenue) across 6+ states in India. Despite a low-quality submission containing placeholder text (e.g., 'most people have used my product') and a pseudonym ('ShadowFang'), independent verification confirms the entity's legitimacy and high utility in providing financial inclusion to underserved populations. The score reflects the project's strong verified traction and established market presence, significantly outweighing the poor response quality.

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Score Breakdown

Real World Utility225.0 (Weight: 25%)
Audience Reach Impact80.0 (Weight: 20%)
Technical Innovation45.0 (Weight: 15%)
Evidence Of Traction270.0 (Weight: 25%)
Market Timing Relevance70.0 (Weight: 10%)
Functional Completeness5.0 (Weight: 5%)
Subtotal+695
Usefulness Multiplierx0.9
Final Score+626

Project Details

Project URL
vectorfinance.in
Description
Vector Finance is a Non Banking Finance Company (NBFC) registered with the Reserve Bank of India (RBI) under section 45 IA of Reserve Bank of India Act, 1934. A private limited company, Vector Finance works as a micro-finance institution (MFI), providing loans to micro enterprises for income generation purposes. It is also a member of Sa-Dhan and MFIN, Self-Regulatory Organisations for Microfinance Institutions. The company commenced its operations with effect from Jan 2019 and attained NBFC license in July 2019. Presently, Vector Finance Private Limited has 101+ branches live across 51 districts of 6 States. Our endeavour is to enhance financial inclusion in areas that are typically underserved. We operate in semi urban and rural areas, and support our customers build or expand their businesses. We provide loans on our books, and also work as a business correspondent to other financial institutions, helping provide a greater reach and an efficient disbursals and collections model.

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