Phi Commerce names Rajesh Londhe as CEO, eyes global expansion

Phi Commerce has announced a leadership restructuring, elevating Rajesh Londhe to the position of Chief Executive Officer effective immediately. Londhe will spearhead the company's global strategy and lead efforts to expand the platform's footprint across international markets.

In his new role, Londhe will be responsible for operational oversight and execution of the company's international growth initiatives. The appointment reflects the e-commerce firm's increased focus on scaling beyond its existing markets and capturing opportunities in the broader South and Southeast Asian region.

Outgoing Chief Executive Jose Thattil has transitioned to the role of Executive Chairman, a move designed to leverage his experience in a broader strategic capacity. Thattil will oversee the company's long-term strategy formulation, fundraising activities and key business partnerships, allowing him to focus on high-level initiatives while Londhe manages day-to-day operations.

The leadership change signals Phi Commerce's commitment to aggressive expansion and growth as it navigates an increasingly competitive e-commerce landscape. The dual leadership structure is intended to combine operational execution with strategic direction, positioning the company for the next phase of development.