Proof of Usefulness Report

VoltUp

Analysis completed on 2/4/2026

+584
Proof of Usefulness Score
Industry Mainstay

VoltUp is a legitimate, high-growth startup in the Indian EV battery swapping market, having raised ~$18M (most recently in Jan 2025) and operating in 14+ cities. While the project demonstrates significant real-world utility and verified traction (partnerships with HPCL, Hero Electric), the submission itself was of extremely low quality, containing lazy, false claims ('most people have used my product') and underreporting the actual scale. The score reflects the strong external reality of the business, heavily penalized in the 'Quality Factor' and 'Response Quality' sections for the poor submission effort.

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Score Breakdown

Real World Utility+225.0
Audience Reach Impact+80.0
Technical Innovation+112.5
Evidence Of Traction+112.5
Market Timing Relevance+95.0
Functional Completeness+2.5
Subtotal+627.5
Usefulness Multiplierx0.93
Final Score+584

Project Details

Project URL
Description
VoltUp is an Indian startup founded in 2019 that operates a battery-swapping network for electric two- and three-wheel vehicles. The company provides battery maintenance and real-time information through a cloud-connected ecosystem, offering advanced lithium-ion batteries and swapping stations to save users time. VoltUp aims to revolutionize urban mobility by making EV charging seamless and accessible.

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