Verdant Impact, an AI-led bovine genetics startup, raised $3 million in a seed round led by Unicorn India Ventures, with Infynyte Club, Yash Kotak, Alok Soni, and a-IDEA NAARM participating. Funds will expand the team, enhance Pashu.AI, upgrade tech infrastructure with Blockchain, and grow market presence. Verdant has empowered 6 lakh farmers and targets ₹100 crore revenue in FY26.

AquaExchange, a Vijayawada-based aquaculture tech company, raised $8 million in Series B funding co-led by Endiya Partners and Factor Analytics, with Accion Ventures participating. The funds will scale domestic and international operations, expand IoT and AI farm monitoring, and strengthen finance and crop insurance solutions, boosting the company’s leadership in India and global seafood markets.

Raipur-based ZOFF Foods secured $2 million in Pre-Series B funding led by JM Financial Private Equity, with boAt co-founder Aman Gupta participating. The investment will boost offline & omnichannel expansion and quick commerce presence. Known for quality, hygiene-focused processing, and premium packaging, ZOFF aims to strengthen its market position and grow across India’s competitive spice sector.

The Income Tax Department on Sunday conducted a nationwide verification exercise on restaurants suppressing turnover. The exercise revealed suppression of sales amounting to around ₹408 crore by 62 restaurants across 46 cities in 22 states. This comes weeks after investigators uncovered a tax evasion racket involving concealed turnover estimated at nearly ₹70,000 crore at a Hyderabad outlet.

Oil marketing companies (OMCs) temporarily halted commercial cylinder sales to hotels, eateries and other commercial establishments amid supply disruption due to Middle East war, Moneycontrol reported. "As per…[government] directions…(commercial) cylinders are to be sold only to hospitals and educational bodies," OMCs told LPG distributors. It earlier halted non-domestic non-essential dispatches.

Climate finance startup Ecofy is set to raise ₹380.5 crore in a Series B round led by British International Investment, with participation from Finnfund Digital Access, FMO and Green Growth Equity Fund. The funding will support Ecofy’s lending across electric vehicles, rooftop solar and other sustainable energy solutions as the startup expands climate-focused financing operations in India.

Iran warned oil prices could surge to $200 per barrel if US and Israeli strikes continue targeting its energy infrastructure. The warning comes as escalating Middle East tensions pushed crude above $100, with attacks on refineries, tankers and fuel facilities raising fears of major global supply disruptions.

Chennai-based digital transformation consulting firm KaarTech has secured $11 million in a funding round led by Playbook Partners, with participation from A91 Partners. The investment will support global expansion, hiring in North America and Europe, and potential acquisitions as the company scales its enterprise technology services.

SEBI Chairman Tuhin Kanta Pandey on Monday reacted to global market volatility driven by war in the Middle East. "It is important [for investors] to not panic at such moments and remain calm,” Pandey said, adding that India's domestic fundamentals continue to remain strong. His comments came on a day when Indian benchmark indices Sensex and Nifty ended sharply lower.

Flipkart has completed the process of shifting its holding company domicile back to India from Singapore ahead of its public listing. "Flipkart…received government…approval for its internal restructuring, pursuant to which Flipkart Internet Private Limited is now the holding entity of Flipkart group," its spokesperson said. Reportedly, Flipkart is in talks with several investment banks for IPO.