Proof of Usefulness Report

WeMakeScholars

Analysis completed on 2/2/2026

+491
Proof of Usefulness Score
Industry Mainstay

WeMakeScholars is a well-established, government-funded (MeitY, Govt of India) platform with significant verifiable traction in the education finance sector. While the submission itself was poor (conflicting project names, lazy 'everyone' and 'most people' claims, outdated description), the underlying project is robust, operating since 2015 with a team of 50-190 and partnerships with major banks (SBI, HDFC). The platform solves a critical real-world problem (financing study abroad) and generates substantial value. The score reflects the project's high utility and proven track record, heavily penalized by low Quality Factors due to the negligence of the submission data.

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+212.5
Audience Reach Impact+75.0
Technical Innovation+67.5
Evidence Of Traction+112.5
Market Timing Relevance+85.0
Functional Completeness+5.0
Subtotal+557.5
Usefulness Multiplierx0.88
Final Score+491

Project Details

Project URL
wemakescholars.com
Description
WeMakeScholars.com (WMS) is an online study opportunities search and discovery platform providing information on scholarships, internships, courses, universities \u0026 educational service providers globally.\n\nFor our users (students), it solves the problem of finding a reliable source to get information for international education.\n\nWe are a 2.5 months old company, officially launched on 29th of April, 2015 by Dr. Shashi Tharoor, Ex-Under-Secretary General of United Nations. We launched with Scholarships and internships information as salient features and have more than 4000 opportunities listed. Our aim is to build the world’s largest scholarship database with over $1 billion in total available funding, benefiting millions of aspiring scholars esp. from developing countries\n\n

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