Accounts payable and accrued expenses |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Payables and Accruals [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts payable and accrued expenses | 10 Accounts payable and accrued expenses
1. Accounts Payable includes $1,147,560, $10,103,307, and $3,587,098 as of March 31, 2026, and $1,084,594, $8,024,048 and 8,376,253 as of March 31, 2025, related to the cost of services, operating expenses and SPAC Payable respectively.
2. Accrued Expenses comprise of $429,831, $6,078,917, $3,659,399 and $0 as of March 31, 2026, and $1,478,125, $4,897,994, $2,123,633 and $100,000 as of March 31, 2025, related to the cost of services, operating expenses, interest due but not paid and related party balances respectively.
3. Amounts Due to Employees, comprising salary and reimbursement payables, include related party balances of $93,849 and $74,062 as of March 31, 2026 and March 31, 2025, respectively.
4. Sum due to insurer represents the net amounts of premium due to insurer based on the respective contract with each insurer. The net amount due is equal to the gross written premium less the Company’s commission for policies that have reached their effective date. Sum due to insurer is $4,278,440 as of March 31, 2026, which represents funds from the insurer to meet working capital requirements/contingencies arising out of claim settlement.
Roadzen Inc. Notes to the consolidated financial statements (in US $, except share count)
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