v3.26.1
Debt (Tables)
12 Months Ended
Mar. 31, 2026
Debt [Abstract]  
Schedule of Long Term and Short Term Debt

The components of long term and short term debt were as follows:

 

(In USD)
As at
  Effective
interest rates
    Maturities*   March 31,
2026
    March 31,
2025
 
Current                      
From NBFCs                            
- Mahindra & Mahindra Financial Services Limited**     -     March 31, 2027   $ 344,977     $ 439,415  
- TATA Motors Finance Limited     12.27 %   May 31, 2027     1,172,688       1,749,415  
- Orix Leasing and Financial Services India Limited     12.00 %   December 15, 2025     -       58,978  
                             
From Others                            
- Kotak Mahindra Financial Services Limited**     1.00 %   March 31, 2027     370,416       376,861  
- Clix Finance India Private Limited**     0.05 %   March 2, 2027     71,085       64,621  
- AON Risk Insurance Services West, Inc     8.25 %   April 28, 2025     -       162,051  
- Honor PCF Trust I     9.05 %   October 28, 2026     552,278       -  
                $ 2,511,444     $ 2,851,341  
Total maturity for the year ending on March 31,                            
2027                       $ 2,511,444  
                        $ 2,511,444  

 

* Maturities have been stated as per the estimated repayment timelines. For Tata Motors Finance Limited, due to non-payment of scheduled EMIs, the loan is immediately payable and is classified as current. The debts are not associated with any restrictive covenants.
** These debts are past overdue based on the contractual maturities.
Schedule of Unsecured Notes Payable

The following is a summary of the Company’s Unsecured notes payable as of March 31, 2026 and March 31, 2025:

 

(In USD)
As at
  March 31,
2026
   March 31,
2025
 
Bridge notes  $890,596   $- 
Less: Discount and debt issuance cost on issuance, net of amortization   (79,418)   - 
Total  $811,178   $             - 
Schedule of Bridge Notes The unamortized discount and issuance cost have been presented as net of the bridge notes liability.
Particulars  Issue date  Effective
Interest
Rates
   Original
maturity
  March 31,
2026
   March 31,
2025
 
1800 Diagonal Lending LLC  June 23, 2025   62.00%  March 30, 2026  $36,330   $- 
Boot Capital LLC  June 23, 2025   54.55%  March 30, 2026   14,005    - 
1800 Diagonal Lending LLC  July 31, 2025   51.72%  May 31, 2026   45,425    - 
Boot Capital LLC  July 31, 2025   38.39%  May 31, 2026   17,329    - 
1800 Diagonal Lending LLC  November 28, 2025   57.83%  September 30, 2026   98,293    - 
Boot Capital LLC  November 28, 2025   39.73%  September 30, 2026   37,955    - 
Firstfire Global Opportunities Fund, LLC  December 10, 2025   26.91%  December 10, 2026   217,512    - 
Auctus Fund, LLC  December 24, 2025   46.38%  December 24, 2026   111,035    - 
1800 Diagonal Lending LLC  February 25, 2026   42.96%  December 30, 2026   156,002               - 
Boot Capital LLC  February 25, 2026   32.80%  December 30, 2026   77,292    - 
              $811,178   $- 
Schedule of Convertible Redeemable Notes Payable

The following is a summary of the Company’s Convertible Redeemable notes payable as of March 31, 2026 and March 31, 2025:

 

(In USD)
As at
  March 31,
2026
   March 31,
2025
 
Convertible Redeemable notes  $277,882   $- 
Less: Discount and debt issuance cost on issuance, net of amortization   (15,047)   - 
           
Promissory note  $194,128   $- 
Less: Discount and debt issuance cost on issuance, net of amortization   (5,615)   - 
Total  $451,348   $         -