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Business Combinations (Tables)
3 Months Ended
Jun. 30, 2024
Business Acquisition [Line Items]  
Schedule of Goodwill Goodwill

 

 

 

 

 

 

 

As of
 June 30,
2024

 

 

As of
March 31,
2024

 

Opening balance

 

 

 

 

 

 

2,061,553

 

 

 

996,441

 

Goodwill relating to acquisitions consummated during the year (Refer Note 18 (a) & (b))

 

 

-

 

 

 

1,475,685

 

Derecognition on deconsolidation of subsidiaries

 

 

 

 

 

 

-

 

 

 

(535,844

)

Impairment reversed on goodwill during the year on account of deconsolidation of subsidiaries

 

 

 

 

 

131,803

 

Effect of exchange rate changes

 

 

 

 

 

 

(261

)

 

 

(6,532

)

Closing balance

 

 

 

 

 

 

2,061,292

 

 

 

2,061,553

 

Global Insurance Management Limited  
Business Acquisition [Line Items]  
Schedule of Major Classes of Assets and Liabilities Allocated to Purchase Price

The major classes of assets and liabilities to which we have allocated the purchase price were as follows:

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

 

 

 

 

 

 

 

10,997,974

 

Acquired customer contract (Refer Note 8)

 

 

 

 

 

 

 

 

1,157,920

 

Other assets

 

 

 

 

 

 

 

 

7,157,343

 

Other liabilities

 

 

 

 

 

 

 

 

(15,947,363

)

Net assets

 

 

 

 

 

 

 

 

3,365,874

 

Purchase consideration

 

 

 

 

 

 

 

 

3,998,000

 

Goodwill (Refer Note 18(c))

 

 

 

 

 

 

 

 

632,126

 

 

Schedule of Purchase Price Allocated to Intangible Assets Acquired

Following are details of the purchase price allocated to the intangible assets acquired:

 

 

 

 

 

 

 

Amount

 

 

Weighted
average life

Acquired customer contracts

 

 

 

 

 

 

1,157,920

 

 

3 years

National Automobile Club  
Business Acquisition [Line Items]  
Schedule of Major Classes of Assets and Liabilities Allocated to Purchase Price

The major classes of assets and liabilities to which we have allocated the purchase price were as follows:

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

 

 

 

 

 

 

 

182,713

 

Intangible assets

 

 

 

 

 

 

 

 

13,384

 

Acquired customer contract (Refer Note 8)

 

 

 

 

 

 

 

 

870,027

 

Other assets

 

 

 

 

 

 

 

 

1,947,606

 

Other liabilities

 

 

 

 

 

 

 

 

(1,215,247

)

Net assets

 

 

 

 

 

 

 

 

1,798,483

 

Purchase consideration

 

 

 

 

 

 

 

 

2,238,000

 

Goodwill (Refer Note 18(c))

 

 

 

 

 

 

 

 

439,517

 

Schedule of Purchase Price Allocated to Intangible Assets Acquired

Following are details of the purchase price allocated to the intangible assets acquired:

 

 

 

 

 

 

 

Amount

 

 

Weighted
average life

Acquired customer contracts

 

 

 

 

 

 

870,027

 

 

3 years