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Revenue (Tables)
12 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Summarizes Revenue By The Company's Service

The following table summarizes revenue by the Company's service offerings:

 

 

 

 

 

 

For the year ended
March 31, 2024

 

 

For the year ended
March 31, 2023

 

Revenue from services

 

 

 

 

 

 

 

 

 

Commission and Distribution Income

 

 

 

 

 

30,500,018

 

 

 

9,173,671

 

Income from Insurance as a Service

 

 

 

 

 

16,224,268

 

 

 

4,386,827

 

 

 

46,724,287

 

 

 

13,560,498

 

Summary of Contract Liabilities from Contract with Customers

The following table provides information about receivables and contract liabilities from contracts with customers:

 

 

 

 

 

 

As of
 March 31,
2024

 

 

As of
March 31,
2023

 

Contract liabilities

 

 

 

 

 

 

 

 

 

Deferred revenue

 

 

 

 

 

656,968

 

 

 

108,442

 

Advance from Customers

 

 

 

 

 

 

 

 

-

 

Total contract liabilities

 

 

 

 

 

656,968

 

 

 

108,442

 

Contract assets

 

 

 

 

 

 

 

 

 

Unbilled revenue

 

 

 

 

 

1,821,134

 

 

 

868,382

 

Total contract assets

 

 

 

 

 

1,821,134

 

 

 

868,382