DERIVATIVE LIABILITIES (Tables)

6 Months Ended

Sep. 30, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

SCHEDULE OF FAIR VALUE OF EACH WARRANTS

		Six Months Ended September 30, 2023		Six Months Ended September 30, 2022
Expected term		0.20– 5.00 years		-
Expected volatility		65- 280	%	-	%
Expected dividend yield		-		-
Risk-free interest rate		3.60 – 5.55	%	-	%
Exercise price	$	0.777 - 1.00		-
Market price		1.09 – $1.24		-

SCHEDULE OF REMAINING DERIVATIVE LIABILITIES

Derivative liabilities as of September 30, 2023 (unaudited) and March 31, 2023 are as follows.

	September 30, 2023		March 31, 2023
	(unaudited)
Fair value of Warrants issued in connection with Series C Preferred Stock (see Note 9)	$	18,748,506	$	9,948,473
Fair value of conversion option on convertible notes payable (see Note 7)		1,243,509		534,898
	$	19,992,015	$	10,483,371

SCHEDULE OF ACTIVITY RELATED TO THE DERIVATIVE LIABILITIES

Activity related to the derivative liabilities for the six months ended September 30, 2023 is as follows:

Beginning balance as of March 31, 2023	$	10,483,371
Issuances of Series C Warrants – derivative liabilities		3,263,470
Issuance of Note 2 (see Note 7)		325,474
Change in fair value of derivative liabilities		5,919,700
Ending balance as of September 30, 2023	$	19,992,015