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Related Party Transactions (Tables)
 3 Months Ended 12 Months Ended
Jun. 30, 2024
Mar. 31, 2024
Related Party Transactions [Abstract]    
Schedule of related party transactions
   
Name of the related party   Relationship
Aark II Pte Limited   Affiliate entity
Aarx Singapore Pte Ltd   Affiliate entity
Aeries Technology Products And Strategies Private Limited (“ATPSPL”)   Affiliate entity
Aeries Financial Technologies Private Limited   Affiliate entity
Bhanix Finance And Investment Limited   Affiliate entity
Ralak Consulting LLP   Affiliate entity
TSLC Pte Limited   Affiliate entity
Venu Raman Kumar   Chairman of ATI’s Board and controlling shareholder
Vaibhav Rao   Members of immediate families of Venu Raman Kumar
Sudhir Appukuttan Panikassery   Key managerial personnel
   
Name of the related party   Relationship
Aark II Pte Limited   Affiliate entity
Aarx Singapore Pte Ltd   Affiliate entity
Aeries Technology Products And Strategies Private Limited (“ATPSPL”)   Affiliate entity
Aeries Financial Technologies Private Limited   Affiliate entity
Bhanix Finance And Investment Limited   Affiliate entity
Ralak Consulting LLP   Affiliate entity
TSLC Pte Limited   Affiliate entity
Nuegen Pte Ltd   Affiliate entity
Venu Raman Kumar   Chairman of ATI’s Board and controlling shareholder
Vaibhav Rao   Members of immediate families of Venu Raman Kumar
Sudhir Appukuttan Panikassery   Key managerial personnel
Schedule of significant transactions and balances due to and from related parties
               
    Three Months Ended
June 30,		  
    2024     2023  
Cost sharing arrangements                
Aeries Financial Technologies Private Limited (b)     47       49  
Bhanix Finance And Investment Limited (b)     26       35  
Corporate guarantee commission                
Bhanix Finance And Investment Limited     -       2  
Corporate guarantee expense                
Aeries Technology Products And Strategies Private Limited (j)     -       2  
Interest expense                
Aeries Technology Products And Strategies Private Limited (d)     20       4  
Mr. Vaibhav Rao (g)     21       21  
Interest income                
Aeries Financial Technologies Private Limited (f), (h)     4       39  
Aeries Technology Products And Strategies Private Limited (e), (h)     22       25  
Legal and professional fees paid                
Ralak Consulting LLP (c)     77       78  
Management consultancy service                
Aark II Pte Limited (a)     746       870  
Office management and support services expense                
Aeries Technology Products And Strategies Private Limited (i)     14       49  

 

    June 30,     March 31,  
    2024     2024  
Accounts payable                
Aeries Technology Products And Strategies Private Limited (i)   $ 13     $ 9  
Accounts receivable                
Aark II Pte Limited (a)     521       629  
Aeries Financial Technologies Private Limited (b)     30       11  
Bhanix Finance And Investment Limited (b)     48       17  
TSLC Pte Limited (a)     128       128  
Interest payable (classified under other current liabilities)                
Aeries Technology Products And Strategies Private Limited (d)     18       -  
Interest receivable (classified under prepaid expenses and other current assets)                
Aeries Technology Products And Strategies Private Limited (e)     20       -  
Investment in 0.001% Series-A Redeemable preference share                
Aeries Financial Technologies Private Limited (h)     979       939  
Investment in 10% Cumulative redeemable preference shares                
Aeries Technology Products And Strategies Private Limited (h)     809       792  
Loan from Members of immediate families of Venu Raman Kumar                
Mr. Vaibhav Rao (g)     833       834  
Loans from affiliates                
Aeries Technology Products and Strategies Private Limited (d)     737       498  
Loans to affiliates (classified under other assets)                
Aeries Financial Technologies Private Limited (f)     105       105  
Aeries Technology Products And Strategies Private Limited (e)     797       558  

 

 
(a) The Company provided management consulting services to Aark II Pte Ltd under an agreement dated June 21, 2021 and its amendments thereof and to TSLC Pte Ltd under an agreement dated July 12, 2021.
(b) The Company was in a cost sharing arrangement with Aeries Financial Technologies Private Ltd and Bhanix Finance and Investment Ltd under separate agreements dated April 1, 2020. The cost sharing arrangement included costs in the areas of office management, IT and operations. The agreements are for a 36-month term with auto renewals after the original term.
(c) The Company availed consulting services including implementation services in business restructuring, risk management, feasibility studies, mergers & acquisitions etc. from Ralak Consulting LLP via agreement dated April 1, 2022.
(d) The Company incurred interest expense in relation to loans taken from ATPSPL, which were borrowed to meet working capital requirements. The loans were for a 3-year term and were issued at an interest rate of 12% per annum.
(e) The Company received interest income in relation to loans given to affiliates to support their working capital requirements. The loans were for a 3-year term and issued at an interest rate of 12% per annum.
(f) The Company received interest income in relation to loans given to affiliates to support their working capital requirements. The loans were for a 3-year term and issued at an interest rate of 15-17% per annum.
(g) The Company obtained a loan at 10% interest rate from Vaibhav Rao for business purposes. The agreement shall remain valid until the principal amount along with interest is fully repaid. The principal amount of the loan was outstanding in entirety as of June 30, 2024.
(h) This amount represents investments in affiliates. The Company earned interest income on its investments in affiliates.
(i) The Company availed management consulting services from ATPSPL under agreements dated March 20, 2020 and April 1, 2021.
(j) ATPSPL gave corporate guarantee of INR 240,000 (or approximately $2,876 at the exchange rate in effect on June 30, 2024) on behalf of the Company towards the revolving credit facility availed. ATPSPL charges a corporate guarantee commission of 0.5% on the total corporate guarantee given. The guarantee was withdrawn during the year ended March 31, 2024.
               
    Year ended
March 31,		  
    2024     2023  
Cost sharing arrangements                
Aeries Financial Technologies Private Limited (b)     187       160  
Bhanix Finance And Investment Limited (b)     115       187  
Corporate guarantee commission                
Bhanix Finance And Investment Limited     2       12  
Corporate guarantee expense                
Aeries Technology Products And Strategies Private Limited (j)     2       15  
Interest expense                
Aeries Technology Products And Strategies Private Limited (d)     30       1  
Mr. Vaibhav Rao (g)     84       86  
Interest income                
Aeries Financial Technologies Private Limited (f), (h)     166       107  
Aeries Technology Products And Strategies Private Limited (e), (h)     99       84  
Legal and professional fees paid                
Ralak Consulting LLP (c)     424       380  
Management consultancy service                
Aark II Pte Limited (a)     3,176       2,002  
TSLC Pte Limited (a)     119       159  
Office management and support services expense                
Aeries Technology Products And Strategies Private Limited (i)     94       36  

 

    As of
March 31,		  
    2024     2023  
Accounts payable                
Aeries Technology Products And Strategies Private Limited (i)   $ 9     $ 29  
Accounts receivable                
Aark II Pte Limited (a)     629       1,084  
Aeries Financial Technologies Private Limited (b)     11       9  
Bhanix Finance And Investment Limited (b)     17       86  
TSLC Pte Limited (a)     128       259  
Interest payable (classified under other current liabilities)                
Aeries Technology Products And Strategies Private Limited (d)     -       1  
Interest receivable (classified under prepaid expenses and other current assets)                
Aeries Technology Products And Strategies Private Limited (e)     -       57  
Investment in 0.001% Series-A Redeemable preference share                
Aeries Financial Technologies Private Limited (h)     939       803  
Investment in 10% Cumulative redeemable preference shares                
Aeries Technology Products And Strategies Private Limited (h)     792       761  
Loan from Members of immediate families of Venu Raman Kumar                
Mr. Vaibhav Rao (g)     834       845  
Loans from affiliates                
Aeries Technology Products and Strategies Private Limited (d)     498       -  
Loans to affiliates (classified under other assets)                
Aeries Financial Technologies Private Limited (f)     105       106  
Aeries Technology Products And Strategies Private Limited (e)     558       335  

 

 
(a) The Company provided management consulting services to Aark II Pte Ltd under an agreement dated June 21, 2021 and its amendments thereof and to TSLC Pte Ltd under an agreement dated July 12, 2021.
(b) The Company was in a cost sharing arrangement with Aeries Financial Technologies Private Ltd and Bhanix Finance and Investment Ltd under separate agreements dated April 1, 2020. The cost sharing arrangement included costs in the areas of office management, IT and operations. The agreements are for a 36-month term with auto renewals after the original term.
(c) The Company availed consulting services including implementation services in business restructuring, risk management, feasibility studies, mergers & acquisitions etc. from Ralak Consulting LLP vide agreement dated April 01, 2022.
(d) The Company incurred interest expense in relation to loans taken from ATPSPL, which were borrowed to meet working capital requirements. The loans were for a 3-year term and were issued at an interest rate of 12% per annum.
(e) The Company received interest income in relation to loans given to affiliates to support their working capital requirements. The loans were for a 3-year term and issued at an interest rate of 12% per annum.
(f) The Company received interest income in relation to loans given to affiliates to support their working capital requirements. The loans were for a 3-year term and issued at an interest rate of 15-17% per annum.
(g) The Company obtained a loan at 10% interest rate from Vaibhav Rao for business purposes. The agreement shall remain valid until the principal amount along with interest is fully repaid. The principal amount of the loan was outstanding in entirety as of the year ended March 31, 2024 and 2023.
(h) This amount represents investments in affiliates. The Company earned interest income on its investments in affiliates.
(i) The Company availed management consulting services from ATPSPL under agreements dated March 20, 2020 and April 1, 2021.
(j) ATPSPL gave corporate guarantee of INR 240,000 (or approximately $2,879 at the exchange rate in effect on March 31, 2024) on behalf of the Company towards the revolving credit facility availed. ATPSPL charges a corporate guarantee commission of 0.5% on the total corporate guarantee given. The guarantee was withdrawn during the year ended March 31, 2024.