Prepayments and Other Current Assets (Tables)

9 Months Ended

12 Months Ended

Dec. 31, 2023

Mar. 31, 2023

Prepaid Expense and Other Assets, Current [Abstract]

Schedule of Prepayments and Other Current Assets

	As of December 31, 2023		As of March 31, 2023
Balance with statutory authorities		1,239,594		1,189,787
Unbilled revenue		2,134,765		868,382
Advances given (net of doubtful advances of $229,229 as    of December 31, 2023 and $225,495 as of March 31, 2023)		3,246,326		922,380
Other receivables		2,918,159		126,928
Prepayments		1,771,555		22,091
Forward purchase agreement		24,462,103		—
Deposits		74,953		52,368
		35,847,455		3,181,936

i) Advances given include:

a)$2,733,380 and $826,057 of advances to suppliers as of December 31, 2023 and March 31, 2023, respectively. Advances to suppliers include related party balance of $76,507 and $0 as of December 31, 2023 and March 31, 2023 respectively.

b)$144,252 and $55,753 of advances to employees as of December 31, 2023 and March 31, 2023, respectively. Advances to employees include related party balances of $9,798 and $28,516 as of December 31, 2023 and as of March 31, 2023.

c)$344,914 and $0 of loans and advances to related parties as of December 31, 2023 and March 31, 2023, respectively.

ii) Forward purchase agreement

	As of March 31, 2023		As of March 31, 2022
Balance with statutory authorities		1,189,787		1,159,501
Unbilled revenue		868,382		1,264,837
Advances given (net of doubtful advances of $225,495 as    of March 31, 2023 and $244,540 as of March 31, 2022)		922,380		553,879
Other receivables		126,928		129,732
Prepayments		22,091		27,554
Deposits		52,368		36,950
		3,181,936		3,172,453

Advances given include:

a)$826,057 and $480,810 of advance to suppliers as of March 31, 2023 and 2022, respectively. Advance to suppliers include related party balance of USD NIL and $ 4,828 as of March 31, 2023 and 2022, respectively.

b)$55,753 and $59,277 of advance to employees as of March 31, 2023 and 2022, respectively. Advance to employees include related party balances of $28,516 and $27,329 as of March 31, 2023 and 2022, respectively.

$116,523 other advances include related party balance of $53,362 as of March 31, 2023.

Schedule of Assumptions Used In Calculating Estimated Fair Value Of Forward Purchase Agreement

Assumptions used in calculating estimated fair value of Forward Purchase Agreement as of December 31, 2023 is as follows:

Volatility		62.80	%
Risk-free rate		3.88	%
Dividend yield		0.00	%
Strike price		10.77
Remaining term (years)	1.25 years