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Condensed Balance Sheets - USD ($)
Mar. 31, 2024
Mar. 31, 2023
Current assets:    
Cash and cash equivalents $ 11,186,095 $ 589,340
Accounts receivable, net 3,652,380 1,535,985
Inventories 70,667 59,897
Prepayments and other current assets 34,426,335 3,181,936
Investments 507,094  
Total current assets 49,842,571 5,367,158
Restricted cash 378,993 542,490
Non marketable securities 1,514,796 4,910,030
Property and equipment, net 454,589 232,493
Goodwill 2,061,553 996,441
Operating lease right-of-use assets 822,327 545,988
Intangible assets, net 2,989,604 2,469,158
Other long term assets 71,913 117,484
Total Assets 58,136,346 15,181,242
Current Liabilities:    
Current portion of long-term borrowings 2,228,471 2,852,528
Short term borrowings 15,754,829 4,875,801
Due to insurer 8,918,849  
Accounts payable and accrued expenses 29,573,638 6,241,066
Derivative warrant liabilities 5,585,955  
Short-term operating lease liabilities 358,802 208,697
Other current liabilities 3,231,962 2,503,893
Total Current Liabilities 65,652,506 16,681,985
Long term borrowings 1,472,933 653,269
Long-term operating lease liabilities 268,856 360,306
Other long term liabilities 1,241,917 294,301
Total Liabilities 68,636,212 17,989,861
Commitments and contingencies (refer note 26)
None authorized or issued as of March 31, 2024; Series A and A1 preferred stock and additional paid in capital, $0.0001 par value per share, 81,635,738 shares authorized (Series A 5,442,383 and Series A1 76,193,356); 39,868,173 shares issued and outstanding as on March 31, 2023.   48,274,279
Shareholders' Deficit:    
Preference shares, $0.0001 par value per share, 60,000,000 shares authorized and none issued as of March 31, 2024 and none authorized or issued as of March 31, 2023
Ordinary Shares Value 84,974,378 303,213
Accumulated deficit (151,008,419) (51,448,299)
Accumulated other comprehensive income/(loss) (600,501) (66,903)
Other components of equity 56,560,706 366,786
Total shareholders' deficit (10,073,836) (50,845,203)
Non controlling interest (426,030) (237,695)
Total deficit (10,499,866) (51,082,898)
Total liabilities, Mezzanine equity and Shareholders' deficit, Non-controlling interest $ 58,136,346 $ 15,181,242