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Share Based Compensation (Tables)
 12 Months Ended
Mar. 31, 2021
Share-based Payment Arrangement [Abstract]  
Summary of the Assumptions Used To Value The Company's Option Grants The assumptions used to value the Company’s option grants for the years ended March 31, 2020 were as follows:
Valuation Dates
   
2020
  
Expected term
      10 years  
Expected volatility
      39.93 % 
Exercise multiple
      2.2  
Expected dividend yield
      —    
Risk-free interest rate
      1.67 % 
Expected forfeiture rate (post vesting)
     
3% for staff
0% for management
  
 
Fair value of the underlying shares on the date of option grants (US$)
      0.10  
Fair value of share option (US$)
      0.09  
Summary of Option Activities Under The Global Share Plan
The following table sets forth the summary of option activities under the Company’s Global Share Plan:
 
    
Number of
share options
     
Weighted
Average
Exercise Price
     
Weighted Average
Remaining
Contractual Life
     
Aggregate
Intrinsic
Value
  
           
(US$)
     
(In years)
     
(US$)
  
Outstanding as of April 1, 2018
      183,405,010        0.08        6.78        107,465  
Exercised
      (87,990,491 )       0.01                    
Forfeited or cancelled (post-vesting)
      (3,872,425 )       0.30                    
    
 
 
     
 
 
                    
Outstanding as of March 31, 2019
      91,542,094        0.14        5.16        36,009  
    
 
 
     
 
 
                    
Granted
      3,775        0.01                    
Exercised
      (39,744,025 )       0.03                    
Forfeited or cancelled (post-vesting)
      (32,341,836 )       0.28                    
    
 
 
     
 
 
                    
Outstanding as of March 31, 2020
      19,460,008        0.13        4.26        189  
    
 
 
     
 
 
                    
Exercised
      (2,865,800 )       0.03                    
Forfeited or cancelled (post-vesting)
      (3,151,360 )       0.27                    
    
 
 
     
 
 
                    
Outstanding as of March 31, 2021
      13,442,848        0.12        3.27        371  
Vested and expected to vest as of March 31, 2021
      13,442,848        0.12        3.27        371  
    
 
 
     
 
 
                    
Exercisable as of March 31, 2021
      13,442,848        0.12        3.27        371  
    
 
 
     
 
 
                    
Summary of Activities of the Service-Based RSUs
A summary of activities of the service-based RSUs for the years ended March 31, 2019, 2020 and 2021 is presented below:
 
    
Number of RSUs
     
Weighted-Average

Grant-Date

Fair Value
  
           
US$
  
Unvested at March 31, 2018
      4,895,060        0.45  
Granted
      78,715,557        0.67  
Vested
      (6,114,640 )       0.63  
Forfeited
      (9,212,850 )       0.64  
    
 
 
     
 
 
  
Unvested at March 31, 2019
      68,283,127        0.66  
Granted
      53,563,150        0.23  
Vested
      (18,466,165 )       0.65  
Forfeited
      (53,014,160 )       0.56  
    
 
 
     
 
 
  
Unvested at March 31, 2020
      50,365,952        0.31  
    
 
 
     
 
 
  
Granted
      42,695,000        0.05  
Vested
      (8,195,402 )       0.62  
Forfeited
      (14,092,450 )       0.51  
    
 
 
     
 
 
  
Unvested at March 31, 2021
      70,773,100        0.08