Other non-current Assets

12 Months Ended

Mar. 31, 2021

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other non-current Assets

13. Other non-current Assets

	As of March 31,		As of March 31,
	2020		2021
	RMB		RMB
Deposits (a)		3,076		3,767
Long-term loans receivable (b)		—		344
Deferred initial public offering related costs		7,943		—
		11,019		4,111

(a) Deposits mainly consisted of rental deposits and deposit for online stores operated on third party platforms, which will be collected after one year.

(b) In December 2018, the Company entered into a two-year loan agreement with a third-party company for a principal amount of RMB1.5 million, bearing an interest rate of 6% per annum. As of March 31, 2020, the principal amount outstanding under this agreement was RMB1.5 million, which should be collected within one year and was recorded as prepayments and other current assets. The loan was early repaid in August 2020.

In December 2018, the Company entered into a two-year loan agreement with another third-party company for a principal amount of RMB1.46 million, bearing an interest rate of 6% per annum. As of March 31, 2020, the principal amount outstanding under this agreement was RMB1.46 million, which should be collected within one year and was recorded as prepayments and other current assets. The loan was early repaid in October 2020.

In October 2020, the Company entered into a two-year interest free loan agreement for a principal amount of RMB0.3 million with a third-party. As of March 31, 2021, the principal amount outstanding under this agreement was RMB0.3 million.