Abstract:
Fungal biodiversity was extensively surveyed along southeast coast of India. A total of 98 
species of fungi belonging to 31 genera were isolated from the mangrove soil samples, and 
32 species of 12 genera under 4 families for oleaginous molds and yeasts from the mangrove 
root-soil. In addition, 45 species of 23 genera belonging to 4 families were documented as 
endophytes in the leaves of three mangroves. Also, 22 species of 15 genera under 10 families 
were recorded as lichenized fungi the mangrove areas. Additionally 95 species of 41 genera 
belonging to 5 families were identified as halophilic fungi from two different solar salterns. 
Predominant fungal strains were identified based on molecular techniques (18S ribosomal 
DNA (ITS) sequences) and the sequences have been deposited in the Genbank with 
accession numbers. Further, bioprospecting the fungi revealed the presence of different 
active bio-molecules such as citric acid from Aspergillus niger, cyclosporine A (CyA) from 
Fusarium oxysporum, taxol from Fusarium moliniforme, β glucan from Pleurotus florida, 
5-Oxa-6-azaspiro oct-6-ene from Alternaria alternata, chitosan from endolichenic fungi, 
isoquercitrin from Xylaria sp., ergosterol peroxide from Fulvifimes sp., biofuel from 
Rhodotorula muciloginosa and antidermatophytic biomolecules from certain fungi. Above 
all, cultivation technique has been perfected for the production of edible mushroom, 
P. florida using marine waste.