Anil Sohanlal Sharma (Phi Commerce)
Overview
Anil Sohanlal Sharma is recognized for being a co-founder of Phi Commerce, a digital payments company based in India. Established in 2015 with partners Tushar Ashok Shankar, Jose Antony Thattil, and Rajesh Hanumantrao Londhe, Phi Commerce provides an omnichannel digital payments platform that serves businesses, banks, and networks. The company is known for its innovative approach in offering comprehensive payment solutions for lenders, including platforms that cater to co-lending, term loans, BNPL, and supply chain financing. Anil Sohanlal Sharma serves as a whole-time director and plays a pivotal role in steering the company towards its vision of streamlining digital payments in India.
Recent Developments
Recent years have been notable for Phi Commerce, marked by significant advancements and strategic growth initiatives:
- July 2025: Phi Commerce secured ₹51.34 Cr as part of its Series B funding round from BEENEXT, enhancing its capabilities to expand digital payment solutions.
- October 2024: Phi Commerce launched CollectiPhi-360, a platform targeting lenders to streamline payments across various channels, acknowledging a growing market for loan disbursements in India.
- November 2024: Phi Commerce received certification from the National Payments Corporation of India (NPCI) to offer UPI Switch to its enterprise customers. This certification allows for a more efficient onboarding process for enterprises, optimizing customer experiences.
- 2024: The company saw substantial revenue growth but encountered challenges with profit margins, reflecting the dynamic nature of the fintech market.
- March 2023: The last balance sheet filed with the Ministry of Corporate Affairs indicated financial growth, despite a decrease in profitability, suggesting strategic investments towards expansion.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Anil Sohanlal Sharma |
| Born | N/A |
| Nationality | Indian |
| Occupation | Entrepreneur, Whole-time Director |
| Known For | Co-founding Phi Commerce |
| Net Worth | N/A |
| Education | N/A |
Early Life and Education
Details about Anil Sohanlal Sharma’s early life and educational background are not extensively documented in public records. However, it can be inferred that his entrepreneurial endeavors and leadership skills have been instrumental in shaping his career, particularly in the realm of digital payment solutions. His professional journey is marked by a commitment to innovation in the fintech industry, suggesting that his educational experiences may have focused on fields related to business, technology, and finance.
Career and Notable Achievements
Anil Sohanlal Sharma's professional career is intricately tied to the establishment and growth of Phi Commerce, which stands as a testament to his acumen in the digital payments sector:
- 2015: Anil co-founded Phi Commerce alongside his partners to create an omnichannel digital payments solution.
- Platform Development: Phi Commerce initially addressed issues related to cash-on-delivery but has since evolved to tackle broader lending and payment processing challenges.
- Strategic Alliances: Through partnerships, such as those with NPCI for UPI Switch, Phi Commerce has reinforced its position as a key player in the market.
- Fundraising Success: Notably, the company has raised significant funding in series rounds, reflecting investor confidence in the potential growth of Phi Commerce.
Current Work and Impact
Currently, Anil Sohanlal Sharma remains a driving force within Phi Commerce, contributing to its mission to revolutionize digital payments in India. The company's recent product launches, like CollectiPhi-360, and its fundraising milestones signify a robust growth trajectory aimed at expanding its service offerings both domestically and potentially on an international scale. The impact of these endeavors positions Phi Commerce as an influential entity within the fintech ecosystem, aiding in the modernization of financial transactions through technology.
Conclusion
Anil Sohanlal Sharma's contributions to Phi Commerce underscore his role as a significant innovator in the digital economy. His leadership continues to guide the company through an evolving fintech landscape, where technological advancements meet complex market demands. As Phi Commerce expands its footprint through strategic initiatives and new product launches, Anil’s vision is likely to impart a lasting legacy, shaping the future direction of digital payments in India and beyond.