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Net Loss Per Share (Tables)
9 Months Ended 12 Months Ended
Dec. 31, 2023
Mar. 31, 2023
Earnings Per Share [Abstract]    
Schedule of Computation Of Basic Net Loss Per Share Attributable To Ordinary Shareholders And Preferred Stock Holders

The following table sets forth the computation of basic net loss per share attributable to ordinary shareholders and preferred stock holders:

 

Particulars

 

For the
three months
ended
December 31,
2023

 

 

For the
three months
ended
December 31,
2022

 

 

For the
nine months
ended
December 31,
2023

 

 

For the
nine months
ended
December 31,
2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

 

(30,569,619

)

 

 

477,429

 

 

 

(65,690,663

)

 

 

(9,529,872

)

Less: dividend attributable to preferred
   stockholders for the current year

 

 

 

 

 

27,742

 

 

 

 

 

 

53,956

 

Net loss attributable to Roadzen Inc.
   ordinary shareholders

 

 

(30,569,619

)

 

 

449,687

 

 

 

(65,690,663

)

 

 

(9,583,828

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares used in computing
   net loss per share attributable to Roadzen
   Inc. ordinary shareholders - basic and diluted

 

 

68,440,829

 

 

 

16,501,984

 

 

 

36,144,311

 

 

 

16,501,984

 

Net loss per share attributable to Roadzen Inc.
   ordinary shareholders - basic and diluted

 

 

(0.45

)

 

 

0.03

 

 

 

(1.82

)

 

 

(0.58

)

The following table sets forth the computation of basic net loss per share attributable to common stockholders and preferred stockholders:

 

Particulars

 

For the year
ended
March 31,
2023

 

 

For the year
ended
March 31,
2022

 

Numerator:

 

 

 

 

 

 

Net Loss

 

 

(14,024,268

)

 

 

(9,741,832

)

Less: dividend attributable to preferred stockholders for the
   current year

 

 

119,216

 

 

 

90,700

 

Net loss attributable to Roadzen, Inc. common
   stockholders

 

 

(14,143,484

)

 

 

(9,832,532

)

Denominator:

 

 

 

 

 

 

Weighted-average shares used in computing net loss
   per share attributable to Roadzen, Inc. common
   stockholders - basic and diluted

 

 

606,425

 

 

 

606,425

 

Net loss per share attributable to Roadzen, Inc. common
   stockholders - basic and diluted

 

 

(23.32

)

 

 

(16.21

)

Schedule of Potential Ordinary Shares Equivalents Excluded From The Computation Of Diluted Net Loss Per Share

The following table summarizes the number of potential Ordinary Shares equivalents that were excluded from the computation of diluted net loss per share attributable to ordinary shareholders for the periods presented:

 

Particulars

 

For the
nine months
ended
December 31,
2023

 

 

For the
nine months
ended
December 31,
2022

 

Share warrants

 

 

20,211,506

 

 

 

51,893

 

Restricted stock units

 

 

9,903,480

 

 

 

 

Convertible instruments

 

 

7,012

 

 

 

10,524,888

 

Preferred stock

 

 

 

 

 

28,468,541

 

Total

 

 

30,121,998

 

 

 

39,045,322

 

The following table summarizes the number of potential common stock equivalents that were excluded from the computation of diluted net loss per share attributable to common stockholders for the periods presented:

 

Particulars

 

For the
year ended
March 31,
2023

 

 

For the
year ended
March 31,
2022

 

Share warrants

 

 

 

 

 

83,382

 

Convertible notes

 

 

 

 

 

523,654

 

Preferred stock

 

 

1,125,376

 

 

 

888,786

 

Total

 

 

1,125,376

 

 

 

1,495,822