KOFFi is a fintech platform that helps Indian businesses park idle funds in fixed-income mutual funds, earning better yields while keeping cash accessible for payouts. The platform recommends SEBI-rated safest funds based on a business's liquidity, risk, and tax needs, and allows withdrawals anytime. It is designed for founders, CFOs, and finance teams seeking a tax-efficient, low-risk alternative to traditional savings accounts.
Funding
Funding not disclosed
Founders
Product
Problem
Indian businesses often hold surplus funds in low-yield savings accounts, earning minimal returns while waiting for operational payouts. This idle capital loses value against inflation, and finance teams lack a simple, safe, and tax-efficient way to invest it for short periods without locking up funds or taking on significant risk.
Solution
KOFFi provides a platform for businesses to park their surplus funds directly into curated fixed-income mutual funds, which are SEBI-rated as among the safest. The service links to a company's existing bank account, recommends funds tailored to its specific liquidity, risk, and tax profile, and automates transfers to ensure smooth cash flow. Funds are held directly with trusted partners, and businesses can withdraw all or part of their investment at any time. The platform is accessible via mobile and desktop, offering a seamless, transparent way to grow idle capital between payouts.
Target Audience
Primary customers are founders, CFOs, and finance teams of Indian businesses, including NGOs and digital agencies, that need to optimize short-term cash reserves for better returns without sacrificing liquidity.
Features
- Smart fund recommendation engine that tailors selections to a business's liquidity, risk, and tax needs
- Direct parking of funds into fixed-income mutual funds from trusted partners, with no intermediary holding the money
- Automation tools for scheduling transfers and withdrawals to maintain predictable cash flow
- Accessible on both mobile and desktop for managing funds anytime, anywhere
- Integration with existing bank accounts for a streamlined onboarding and investment process