Two new species of Anzia are described from Sri Lanka: A. mahaeliyensis characterized by a white, single-layered medulla and pale tipped isidia, and A. flavotenuis by a two-layered medulla with the upper layer yellow and the lower part white, a central chondroid axis and isidia with brown-black tips. Morphological and chemical characters used to distinguish species of Anzia are discussed and DNA sequences (ITS) are provided for the two new species. Characteristic features and worldwide distribution of the genus are also outlined.