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Business Combinations (Tables)
9 Months Ended 12 Months Ended
Dec. 31, 2023
Mar. 31, 2023
Business Acquisition [Line Items]    
Schedule of Goodwill
d)
Goodwill

 

 

As of
December 31,
2023

 

 

As of
March 31,
2023

 

Opening balance

 

 

996,441

 

 

 

1,725,292

 

Goodwill relating to acquisitions consummated during the year (Refer
   Note 19 (a), (b) & (c))

 

 

1,337,685

 

 

 

 

Less: Impairment recognized on goodwill during the year

 

 

 

 

 

(664,903

)

Effect of exchange rate changes

 

 

(191,348

)

 

 

(63,948

)

Closing balance

 

 

2,142,778

 

 

 

996,441

 

e)
Goodwill

 

 

As of
March 31,
2023

 

 

As of
March 31,
2022

 

Opening balance

 

 

1,725,293

 

 

 

859,587

 

Goodwill relating to acquisitions consummated
   during the year (refer note 16 (a) to (d))

 

 

 

 

 

880,238

 

Less: Impairment recognized on goodwill during the year

 

 

(664,903

)

 

 

 

Effect of exchange rate changes

 

 

(63,948

)

 

 

(14,532

)

Closing balance

 

 

996,441

 

 

 

1,725,293

 

Coverzen Technologies Private Limited And Its Subsidiaries    
Business Acquisition [Line Items]    
Schedule of Major Classes of Assets and Liabilities Allocated to Purchase Price  

The major classes of assets and liabilities to which we have allocated the purchase price were as follows:

 

Cash and cash equivalents

 

 

258,299

 

Intangible assets

 

 

27,159

 

Other assets

 

 

265,978

 

Other liabilities

 

 

(242,020

)

Net assets

 

 

309,416

 

Purchase consideration

 

 

482,659

 

Goodwill (Refer Note 16(e))

 

 

173,243

 

Kintsugi Innovation Labs Private Limited ("Kintsugi")    
Business Acquisition [Line Items]    
Schedule of Major Classes of Assets and Liabilities Allocated to Purchase Price  

The major classes of assets and liabilities to which we have allocated the purchase price were as follows:

 

Cash and cash equivalents

 

 

323,029

 

Acquired Customer Contract (Refer Note 7)

 

 

118,366

 

Other assets

 

 

870,208

 

Other liabilities

 

 

(1,869,055

)

Net assets

 

 

(557,452

)

Purchase consideration

 

 

1,344

 

Goodwill (Refer Note 16(e))

 

 

558,796

 

 

Schedule of Purchase Price Allocated to Intangible Assets Acquired  

Following are details of the purchase price allocated to the intangible assets acquired:

 

 

Amount

 

 

Weighted
average life

Acquired customer contracts

 

 

118,366

 

 

3 Years

Peoplebay Consultancy Services Private Limited ("Peoplebay")    
Business Acquisition [Line Items]    
Schedule of Major Classes of Assets and Liabilities Allocated to Purchase Price  

The major classes of assets and liabilities to which we have allocated the purchase price were as follows.

 

Cash and cash equivalents

 

 

42,688

 

Acquired customer contracts (Refer Note 7)

 

 

217,127

 

Other assets

 

 

210,680

 

Other liabilities

 

 

(394,133

)

Net assets

 

 

76,362

 

Purchase consideration

 

 

134,862

 

Goodwill (Refer Note 16(e))

 

 

58,500

 

Schedule of Purchase Price Allocated to Intangible Assets Acquired  

Following are details of the purchase price allocated to the intangible assets acquired:

 

 

Amount

 

 

Weighted
average life

Acquired customer contracts

 

 

217,127

 

 

3 years

FA Events and Media Private Limited ("FA Events")    
Business Acquisition [Line Items]    
Schedule of Major Classes of Assets and Liabilities Allocated to Purchase Price  

The major classes of assets and liabilities to which we have allocated the purchase price were as follows:

 

Cash and cash equivalents

 

 

79,082

 

Intangible assets

 

 

77,461

 

Acquired customer contracts (refer Note 7)

 

 

293,999

 

Other assets

 

 

22,368

 

Other liabilities

 

 

(427,747

)

Net assets

 

 

45,163

 

Purchase consideration

 

 

134,862

 

Goodwill (Refer Not 16(e))

 

 

89,699

 

Schedule of Purchase Price Allocated to Intangible Assets Acquired  

Following are details of the purchase price allocated to the intangible assets acquired:

 

 

Amount

 

 

Weighted
average life

Acquired customer contracts

 

 

293,999

 

 

3 years

Global Insurance Management Limited    
Business Acquisition [Line Items]    
Schedule of Major Classes of Assets and Liabilities Allocated to Purchase Price

The major classes of assets and liabilities to which we have allocated the purchase price were as follows:

 

Cash and cash equivalents

 

 

10,997,974

 

Acquired customer contract (Refer Note 9)

 

 

1,157,920

 

Other assets

 

 

7,157,343

 

Other liabilities

 

 

(15,947,363

)

Net assets

 

 

3,365,874

 

Purchase consideration

 

 

3,998,000

 

Goodwill (Refer Note 19(d))

 

 

632,126

 

 
Schedule of Purchase Price Allocated to Intangible Assets Acquired

Following are details of the purchase price allocated to the intangible assets acquired:

 

 

Amount

 

 

Weighted
average life

Acquired customer contracts

 

 

1,157,920

 

 

3 years

 
National Automobile Club    
Business Acquisition [Line Items]    
Schedule of Major Classes of Assets and Liabilities Allocated to Purchase Price

The major classes of assets and liabilities to which we have allocated the purchase price were as follows:

 

Cash and cash equivalents

 

 

182,713

 

Intangible assets

 

 

13,384

 

Acquired customer contract (Refer Note 9)

 

 

870,027

 

Other assets

 

 

1,947,606

 

Other liabilities

 

 

(1,215,247

)

Net assets

 

 

1,798,483

 

Purchase consideration

 

 

2,100,000

 

Goodwill (Refer Note 19(d))

 

 

301,517

 

 
Schedule of Purchase Price Allocated to Intangible Assets Acquired

Following are details of the purchase price allocated to the intangible assets acquired:

 

 

Amount

 

 

Weighted
average life

Acquired customer contracts

 

 

870,027

 

 

3 years

 
FA Premium Insurance Broking Private Limited    
Business Acquisition [Line Items]    
Schedule of Major Classes of Assets and Liabilities Allocated to Purchase Price

The major classes of assets and liabilities to which we have allocated the purchase price were as follows:

 

Cash and cash equivalents

 

 

72,430

 

Intangible assets

 

 

34,754

 

Acquired customer contract (Refer Note 9)

 

 

20,345

 

Acquired distribution network (Refer Note 9)

 

 

814,365

 

Other assets

 

 

670,182

 

Other liabilities

 

 

(736,298

)

Net assets

 

 

875,778

 

Purchase consideration

 

 

1,279,820

 

Goodwill (Refer Note 19(d))

 

 

404,042

 

 
Schedule of Purchase Price Allocated to Intangible Assets Acquired

Following are details of the purchase price allocated to the intangible assets acquired:

 

 

Amount

 

 

Weighted
average life

Acquired distribution network

 

 

814,365

 

 

3 years

Acquired customer contracts

 

 

20,345

 

 

3 years