Borrowings, other debts and derivative liabilities (Tables)

12 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Summary of Short-term Debt

The following table presents short-term borrowings from commercial banks, other institutions and individuals as of March 31, 2021 and 2022. Short-term borrowings include borrowings with maturity terms shorter than one year:

	As of March 31,		As of March 31,
	2021		2022
	RMB		RMB
Bank borrowings		85,566		134,540
Current portion of long-term bank borrowings		—		26,586
Total		85,566		161,126

Summary of Long-term Debt Instruments

The following table presents long-term borrowings from commercial banks, other institutions and individuals as of March 31, 2021 and 2022. Long-term borrowings include borrowings with maturity terms greater than one year:

	As of March 31,		As of March 31,
	2021		2022
	RMB		RMB
Bank borrowings		68,075		—
Total		68,075		—

Summary of Maturities of Long-term Debt

Future principal maturities of short-term borrowings and long-term borrowings as of March 31, 2021 and 2022 are as followings:

	Year ended March 31, 2021		Year ended March 31, 2022
	RMB		RMB
For the year ending March 31,
- Within 1 year		85,566		161,126
- Between 1 and 2 years		68,075		—
Total		153,641		161,126

Summary of Other Long Term Debt

Other debts – non-current consist of the following:

	As of March 31,		As of March 31,
	2021		2022
	RMB		RMB
Loan for Series C+ Warrant (Note 20)		312,535		86,373
Loan from Chong Li (a) (b)		100,842		70,001
Loan for Yoken Series A-1 Warrant (g)		19,915		23,188
Payable for investment (Note 11)		—		1,500
Total		433,292		181,062

Summary of Fair Value of Derivative Liabilities

	As of March 31,		As of March 31,
	2021		2022
	RMB		RMB
Conversion feature of Yoken Series A-1 Warrant (a)		9,362		9,086
Series E Warrant (b)		444		—
Forward exchange contracts (c)		190		—
Total		9,996		9,086