TripBorn (TRRB) 10-K 29 Jun 18 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Mar. 31, 2018	Jun. 27, 2018
Document And Entity Information
Entity Registrant Name	TripBorn, Inc.
Entity Central Index Key	1,498,232
Document Type	10-K
Document Period End Date	Mar. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float	$ 0
Entity Common Stock, Shares Outstanding		95,711,874
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,018

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Mar. 31, 2018	Mar. 31, 2017
Current assets
Cash and cash equivalents	$ 1,148,741	$ 516,707
Accounts receivable	172,625	289,089
Other current assets	334,961	294,203
Total current assets	1,656,327	1,099,999
Property and equipment, net	12,159	13,236
Intangible assets, net	1,189,499	1,563,222
Deferred tax assets	348,098	226,331
Total Assets	3,206,083	2,902,788
Current liabilities
Accounts payable	390,201	175,748
Other current liabilities	520,412	460,314
Total current liabilities	910,613	636,062
Long-term liabilities
Convertible notes	1,840,668	2,355,120
Total current and long-term liabilities	2,751,281	2,991,182
Stockholders' equity (deficit)
Preferred stock, par value $0.0001; 10,000,000 authorized
Common stock, par value $0.0001; 200,000,000 authorized 95,711,874 and 78,971,581 shares issued and outstanding as of March 31, 2018 and March 31, 2017 respectively.	9,572	7,898
Additional paid-in capital	2,321,818	725,492
Accumulated other comprehensive income (loss)	15,656	6,732
Retained earnings/ (deficit)	(1,892,244)	(828,516)
Total stockholders' equity (defecit)	454,802	(88,394)
Total liabilities and stockholders' equity	$ 3,206,083	$ 2,902,788

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2018	Mar. 31, 2017
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, authorized	10,000,000	10,000,000
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized	200,000,000	200,000,000
Common stock, issued	95,711,874	78,971,581
Common stock, outstanding	95,711,874	78,971,581

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($)	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Statement [Abstract]
Net revenue	$ 367,354	$ 569,843
Cost of revenue	46,547	293,841
Gross profit	320,807	276,002
Operating expenses
Selling, general and administration expenses	764,871	490,829
Legal and consulting expenses	191,391	246,440
Income (loss) from operations	(635,455)	(461,267)
Other income (expenses)
Depreciation and amortization	(383,513)	(226,526)
Interest income	522
Interest expense	(174,899)	(162,163)
Total other income (expense)	(557,890)	(388,689)
Income (loss) before income tax expense	(1,193,345)	(849,956)
Income tax benefit	129,617	167,032
Net income (loss)	(1,063,728)	(682,924)
Other comprehensive income (loss):
Unrealized foreign currency translation income/(loss)	8,924	(2,978)
Net comprehensive income/(loss) for the period	$ (1,054,804)	$ (685,902)
Basic income (loss) per share (in dollars per share)	$ (0.01)	$ (0.01)
Diluted income (loss) per share (in dollars per share)	$ (0.01)	$ (0.01)
Basic weighted average number of shares (in shares)	91,287,934	77,286,488
Diluted weighted average number of shares (in shares)	91,287,934	77,286,488

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)	Common Stock [Member]	Additional paid-in capital [Member]	Accumulated other comprehensive income [Member]	Retained earnings/ deficit [Member]	Total
Balance beginning at Mar. 31, 2016	$ 7,681	$ 75,708	$ 9,710	$ (145,592)	$ (52,493)
Balance beginning (in shares) at Mar. 31, 2016	76,804,914
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income (loss)			(2,978)		(2,978)
Issuance of common shares	$ 217	649,784			650,001
Issuance of common shares (in shares)	2,166,667
Net income (loss)				(682,924)	(682,924)
Balance ending at Mar. 31, 2017	$ 7,898	725,492	6,732	(828,516)	$ (88,394)
Balance ending (in shares) at Mar. 31, 2017	78,971,581				78,971,581
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income (loss)			8,924		$ 8,924
Issuance of common shares	$ 366	1,097,634			$ 1,098,000
Issuance of common shares (in shares)	3,660,001				3,660,000
Conversion of debt to common stock	$ 1,308	498,692			$ 500,000
Conversion of debt to common stock (in shares)	13,080,292
Net income (loss)				(1,063,728)	(1,063,728)
Balance ending at Mar. 31, 2018	$ 9,572	$ 2,321,818	$ 15,656	$ (1,892,244)	$ 454,802
Balance ending (in shares) at Mar. 31, 2018	95,711,874				95,711,874

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities
Net income (loss)	$ (1,063,728)	$ (682,924)
Adjustment to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	383,513	226,526
(Increase) decrease in:
Accounts receivable	116,462	(171,710)
Other current assets	(61,359)	(221,222)
Deferred tax asset	(121,767)	(192,651)
Increase (decrease) in:
Accounts payable and accrued expenses	214,453	120,004
Other current liabilities	60,098	424,561
Net cash provided by (used in) operating activities	(472,328)	(497,416)
Cash flows from investing activities
Purchase of property and equipment	(2,563)	(12,130)
Increase in intangible assets	0	(703,421)
Net cash used in investing activities	(2,563)	(715,551)
Cash flows from financing activities
Increase in common stock	1,674	217
Increase in additional paid-in capital	1,096,326	649,784
Decrease in loan from shareholder		(23,958)
Increase in convertible notes		854,638
Net cash provided by financing activities	1,098,000	1,480,681
Effect of exchange rates changes on cash	8,924	(2,978)
Net change in cash	632,034	264,736
Cash
Beginning of the year	516,707	251,971
End of the year	1,148,741	$ 516,707
Cash paid during the period for:
Conversion of debt to 13,0890,292 shares of common stock	$ 500,000

Consolidated Statements of Cas7

Consolidated Statements of Cash Flows (Parenthetical)	12 Months Ended
	Mar. 31, 2018shares
Statement of Cash Flows [Abstract]
Conversion of debt, shares	130,890,292

Organization and the Nature of

Organization and the Nature of Business	12 Months Ended
	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and the Nature of Business	1. Organization and the Nature of Business TripBorn, Inc. (“TripBorn” or the “Company”) is a business to business online travel agency (“OTA”) that offers travel reservations and related travel services and products to travel agents in India through its proprietary internet-based platform at www.tripborn.com. TripBorn is a holding company that was incorporated in Delaware in January 2010 and operated as a shell company with nominal or no assets or operations until December 2015 when it acquired substantially all of the outstanding common stock of its operating subsidiary, Sunalpha Green Technologies Private Limited (“Sunalpha”). The Company has selected March 31 as its fiscal year end. TripBorn was known as PinstripesNYC, Inc. until January 2016. TripBorn filed reports as PinstripesNYC, Inc. with the Securities and Exchange Commission under the Exchange Act from August 2010 until it terminated its registration under the Exchange Act in May 2013. On December 14, 2015, the Company acquired all of the outstanding shares of Sunalpha, which is incorporated under the laws of the Republic of India on November 4, 2010. The transaction is being accounted for as a reverse recapitalization. Sunalpha is the acquirer for financial reporting purposes, and TripBorn is the acquired company.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Accounting Policies These financial statements are prepared on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America (“US GAAP”) as detailed in the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”). Basis of Presentation The acquisition of all of the outstanding shares of common stock of Sunalpha by TripBorn on December 14, 2015 is being accounted for as a reverse recapitalization. Sunalpha is the acquirer for financial reporting purposes, and TripBorn is the acquired company. Consequently, the assets, liabilities and results of operations that are reflected in the Company’s consolidated financial statements prior to the December 14, 2015 transaction are those of Sunalpha and are recorded using the historical cost basis. The consolidated financial statements after completion of the December 14, 2015 transaction include the assets, liabilities and results of operations of Sunalpha up to the day prior to the closing of the transaction, and the assets, liabilities and results of operations of the Company and Sunalpha from and after the closing of the transaction on December 14, 2015. All significant related party accounts and transactions between the Company and Sunalpha have been eliminated upon consolidation. Revenue Recognition The Company provides travel products and services to leisure and corporate travelers in India and abroad. The revenue from rendering these services is recognized at the time when significant risk and rewards are transferred to the customer. This is generally the case: 1) on the date of departure for vacation packages, 2) on the date of check in for hotel booking business and 3) on the date of issuance for the sale of airline tickets. Revenue from the sale of airline tickets is recognized as an agent on a net commission earned basis, when the Company does not assume any performance obligation following the confirmation of the issuance of an airline ticket to the customer. In instances where the Company has procured coupons of airline tickets in advance for an anticipated future demand from customers, and assumes the risk of loss for tickets not used, the revenue from the sale of such airline tickets is accounted for on the gross basis. Incentives from airlines are recognized when the performance obligations under the incentive programs are achieved. Revenue from hotel reservations, including commissions earned is recognized on a net basis as an agent, on the date of check-in, when the Company does not assume any performance obligation following the issuance of a hotel confirmation voucher to the customer. Where the Company has pre-booked the hotel room for an anticipated future demand from the customers and assumes the risk for not using the available hotel room nights at its disposal, revenue from the sale of such hotel room nights is accounted for on the gross basis. Performance linked incentives from hotels are recognized as income on achievement of performance obligations. Revenue from vacation packages, including income on airline tickets sold to customers as a part of vacation packages, is accounted for on the gross basis as the Company is determined to be the primary obligor in the arrangement i.e., the risks and responsibilities are taken by the Company, including the responsibility for delivery of services. Revenue from other sources, primarily comprising revenue from rail and bus ticket reservations is recognized as the services are being performed. Revenue from the rail and bus ticket reservations is recognized as an agent on a net commission earned basis, as the Company does not assume any performance obligation following the confirmation of the issuance of the ticket to the customer. Revenue is recognized net of cancellations, refunds, discounts and taxes. In the event of cancellation of tickets, revenue recognized with respect to commissions earned by the Company on such tickets is reversed and is netted against the revenue earned during the fiscal period, at the time the cancellation is made by the customer. In addition, a liability is recognized in respect to the refund due to the customers for the gross amount charged to such customers net of cancellation fees. The revenue from the sale of vacation packages and hotel reservations is recognized on the customer’s departure and check-in dates, respectively. Cancellations, if any, do not impact revenue recognition since revenue is recognized upon the availment of services by the customer. Cost of Revenue Cost of revenue primarily consists of costs paid to hotel and vacation package suppliers for the acquisition of relevant services and products for sale to customers and includes the procurement cost of hotel rooms and other services. Cost of revenue is the amount paid or accrued against procurement of these services and products from the respective suppliers and do not include any other operating cost to provide these services or products. Cost of revenue is recognized when incurred, which coincides with the recognition of the corresponding revenue. Operating Expenses Operating expenses include costs such as advertising and business promotion costs, utilities, rent, payroll and consultants fees and charges, which are recognized on an accrual basis. Depreciation and amortization costs are amortized over the estimated useful lives of the assets. Use of Estimates The preparation of financial statements in US GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and footnotes thereto. Actual results could differ significantly from those estimates. The estimates underlying the Company’s Financial Statements relate to, accruals for travel transactions, valuation of accounts receivable, useful life of long-lived assets and income taxes. Cash and Cash Equivalents The Company considers all highly-liquid investments (including money market funds) with an original maturity at acquisition of three months or less to be cash equivalents. The Company maintains cash balances, which may exceed federally insured limits. The Company does not believe that this results in any significant credit risk. Sunalpha has eleven and nine accounts denominated in Indian Rupees at March 31, 2018 and 2017, respectively. As of March 31, 2018 and 2017, the cash balance in financial institutions in India was USD $478,254 and $116,806, respectively. The transactions are undertaken in Indian Rupees and results in foreign currency translation adjustment. The Company’s cash deposits in India are not insured against loss. The Company does not believe that this results in any significant credit risk. Receivables and Credit Policies Accounts receivable are uncollateralized customer obligations due under normal trade terms which generally range from 24 hours to seven to ten days from the time and date of transaction. Accounts receivable are stated at the amount billed to the customer. Customer account balances with invoices exceeding credit terms are considered delinquent. Payments of accounts receivable are allocated to specific invoices identified on the customer’s remittance advice or, if unspecified, are applied to the earliest unpaid invoices. Property and Equipment Property and equipment are stated at cost less accumulated depreciation. Depreciation of property and equipment is computed on a straight-line basis over the estimated useful lives of the assets. The Company charges repairs and maintenance costs that do not extend the lives of the assets to expenses as incurred. Intangible Assets Intangible assets with indefinite useful lives are tested for impairment at least annually. Intangible assets that have limited useful lives are amortized on a straight line basis over the shorter of their useful or legal lives. Concentration of Credit Risk Financial instruments which potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. The Company maintains its cash in bank deposit accounts, which are not insured. The Company has not experienced any losses in such accounts. The Company believes that it is not exposed to any significant credit risk on cash. Income Taxes The Company The Company accounts for income taxes in accordance with ASC 740, are recognized for the tax consequences differences between financial statement carrying amounts of existing assets and liabilities and operating loss and tax credit effect on deferred of a change in tax rates is recognized in income in the period that includes the enactment date. ASC 740 clarifies the accounting for uncertainty in tax positions. This interpretation requires that an entity recognizes in its financial statements the impact of a tax position, if that position is more likely than not of being sustained upon examination, based on the technical merits of the position. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company has elected to classify interest and penalties related to unrecognized tax benefits, if and when required, as part of income tax expense in the consolidated statements of income and comprehensive income. No significant uncertainty in tax positions relating to income taxes have been incurred during the years ended March 31, 2018 and 2017. On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (“Tax Act”). The Tax Act included a broad range of complex provisions impacting the taxation of multi-national companies. The Tax Act makes broad and complex changes to the U.S. corporate income tax system and includes a Transition Toll Tax (the “Transition Tax”), which is a one-time mandatory deemed repatriation tax on accumulated foreign subsidiaries’ previously untaxed foreign earnings. Since the Company’s foreign subsidiary has historically realized net losses, we believe that the Company is not subject to the Transition Tax. The Tax Act also imposed a global intangible low-taxed income tax (“GILTI”), which is a new tax on certain off-shore earnings at an effective rate of 10.5% for tax years beginning after December 31, 2017 (increasing to 13.125% for tax years beginning after December 31, 2025) with a partial offset for foreign tax credits. Foreign Currency Translation The Company translates the foreign currency financial statements into US Dollars using the year or reporting period end or average exchange rates in accordance with the requirements of ASC subtopic 830-10, Foreign Currency Matters (“ASC 830-10”). Assets and liabilities are translated at exchange rates as of the balance sheet date. Revenues and expenses are translated at average rates in effect for the periods presented. The cumulative translation adjustment is included in the accumulated other comprehensive gain (loss) within shareholders’ equity (deficit). The value of INR against US$ and other currencies may fluctuate and is affected by, among other things, changes in India’s political and economic conditions. Any significant revaluation of INR may materially affect the Company’s financial condition in terms of US$ reporting. The following table outlines the currency exchange rates that were used in creating the consolidated financial statements in this report: March 31, 2018 March 31, 2017 Period-end spot rate US$1=INR 68.2967 US$1=INR 64.8120 Average rate US$1=INR 66.6880 US$1=INR 65.5282

Change in Control Transaction

Change in Control Transaction	12 Months Ended
	Mar. 31, 2018
Change In Control Transaction
Change in Control Transaction	3. Change in Control Transaction On December 8, 2015, the Company issued 71,428,570 shares of common stock to Arna Global LLC (“Arna”) for cash consideration of $95,500. Arna is wholly-owned by the Company’s President and director, Deepak Sharma. The Company accounted for the change in control transaction with Arna using the acquisition method of accounting. Arna obtained control of 93% of the outstanding shares of common stock of PinstripesNYC, Inc. in connection with the Stock Purchase Agreement among PinstripesNYC, Inc., Arna, and Maxim Kelyfos, LLC dated December 8, 2015, and is the acquirer. This transaction resulted in (1) no identifiable assets being acquired, (2) no liabilities being assumed, (3) no goodwill being recognized and (4) no gains being recognized from a bargain purchase.

Acquisition of Sunalpha Green T

Acquisition of Sunalpha Green Technologies Private Limited	12 Months Ended
	Mar. 31, 2018
Business Combinations [Abstract]
Acquisition of Sunalpha Green Technologies Private Limited	4. Acquisition of Sunalpha Green Technologies Private Limited On December 14, 2015, the Company acquired substantially all of the outstanding shares of Sunalpha which was incorporated under the laws of the Republic of India in November 2010. The transaction is being accounted for as a reverse recapitalization. Sunalpha is the acquirer for financial reporting purposes, and TripBorn is the acquired company. Consequently, the assets, liabilities and results of operations that are reflected in the Company’s consolidated financial statements prior to the December 14, 2015 transaction are those of Sunalpha and are recorded using the historical cost basis. The consolidated financial statements after completion of the December 14, 2015 transaction include the assets, liabilities and results of operations of Sunalpha up to the day prior to the closing of the transaction, and the assets, liabilities and results of operations of the Company and Sunalpha from and after the closing date of the transaction.

Increase in Authorized Shares

Increase in Authorized Shares	12 Months Ended
	Mar. 31, 2018
Stockholders' Equity Note [Abstract]
Increase in Authorized Shares	5. Increase in Authorized Shares The Company amended its certificate of incorporation on January 13, 2016 to (a) increase the authorized number of shares of common stock from 100,000,000 to 200,000,000 and (b) change its name from PinstripesNYC. Inc. to Tripborn, Inc.

Property and Equipment

Property and Equipment	12 Months Ended
	Mar. 31, 2018
Property, Plant and Equipment [Abstract]
Property and Equipment	6. Property and Equipment Property and Equipment consists of the following as of March 31, 2018 and 2017. The property and equipment listed below are recorded in the books of Sunalpha. March 31, 2018 March 31, 2017 Computer $ 13,443 $ 20,782 Furniture and Fixture 5,468 4,138 Office Equipment 6,537 5,768 Software License 768 244 Total 26,216 30,933 Accumulated depreciation (14,057 ) (17,697 ) Fixed assets, net $ 12,159 $ 13,236 Depreciation expense for the year ended March 31, 2018 and 2017 is $3,640, and $9,100 respectively.

Intangible Assets

Intangible Assets	12 Months Ended
	Mar. 31, 2018
Intangible Assets
Intangible Assets	7. Intangible Assets Intangible assets consist of the following as of March 31, 2018 and March 31, 2017: March 31, 2018 March 31, 2017 API Access $ 133,763 $ 129,876 Software 1,651,000 1,651,000 Total 1,784,763 1,780,876 Accumulated amortization (595,264 ) (217,654 ) Intangible assets, net $ 1,189,499 $ 1,563,222 Amortization expense for the years ended March 31, 2018 and March 31, 2017 was $379,873 and $217,425, respectively. Intangible assets consist of Application Programming Interface (API) access with major travel companies and a customized online transaction platform called Travelcord for use on the Company’s website, www.tripborn.com. Application Programming Interface components are used to send/receive/retrieve various data to and from supplier systems for tickets availability, pricing, aggregation and booking information. The API specifies how software components or applications should interact with each other using graphical user interfaces (GUI). These components are automated software components or set of routines, protocols and tools for building and communicating various software applications. Following the Company’s acquisition of Sunalpha, the Company acquired ownership and development rights to the Travelcord software from Arna for a fee of $956,000 pursuant to a Software Agreement dated December 16, 2015. The Company paid the $956,000 fee to Arna in the form of a convertible promissory note. The Travelcord software was recognized as an intangible asset at historical cost pursuant to ASC 350-40 Intangibles – Goodwill and Other, Internal Use Software, and no goodwill was recognized. Arna acquired the Travelcord software from Takniki Communications, which is wholly-owned by our Vice President and director, Sachin Mandloi pursuant to a Software Development Agreement, dated January 26, 2015. On September 23, 2016, we entered into a software development agreement with Takniki Communications to further develop and enhance our online transaction platform, Travelcord. Pursuant to this software development agreement, we agreed to pay a fee of $695,000 upon delivery of enhanced software, which occurred on December 31, 2016. The Company paid for the software development by issuing a convertible promissory note in the principal amount of $695,000 to Takniki Communications.

Tax Recovery Charges

Tax Recovery Charges	12 Months Ended
	Mar. 31, 2018
Tax Recovery Charges
Tax Recovery Charges	8. Tax Recovery Charges The Company through its internet-based platform, facilitates the purchase of travel products and services from third party travel service providers. The Company incurs service taxes at specified rates on the services it acquires from the travel service providers. The Company charges service taxes at specified rates on sales of travel and travel related products to clients. The net difference of the amount paid while acquiring services and collected while selling the services are remitted to taxing authorities ("tax recovery charge"). As of the March 31, 2018, the Company has a balance with the tax authority to offset future service tax dues.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Mar. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions	9. Related Party Transactions i. Convertible Notes Mr. Sharma loaned the Company $156,407, which is evidenced by a convertible promissory note, dated March 8, 2016, which bears interest at an annual rate of 10%. The principal amount together with accrued and unpaid interest thereon becomes due and payable on March 7, 2019. In the event that the Company completes an Uplist Transaction prior to the March 7, 2019 maturity date, the outstanding principal balance of the note will automatically convert into 3,432,234 shares of common stock (the “Note Shares”). If the Uplist Transaction does not occur prior to the maturity date, Mr. Sharma will have the option to receive full payment of the outstanding principal balance or the Note Shares, each together with accrued unpaid interest paid in cash. Mr. Sharma also will have the option to receive full payment of the outstanding principal or the note shares, each together with accrued unpaid interest paid in cash, in connection with a “sale of the company” as such term is defined in the convertible promissory note. Mr. Mandloi loaned the Company $38,076, which is evidenced by a convertible promissory note, dated March 8, 2016, which bears interest at an annual rate of 10%. The principal amount together with accrued and unpaid interest thereon becomes due and payable on March 7, 2019. In the event that the Company completes an Uplist Transaction prior to the March 7, 2019 maturity date, the outstanding principal balance of the note will automatically convert into 835,552 shares of common stock (the “Note Shares”). If the Uplist Transaction does not occur prior to the maturity date, Mr. Mandloi will have the option to receive full payment of the outstanding principal balance or the Note Shares, each together with accrued unpaid interest paid in cash. Mr. Mandloi also will have the option to receive full payment of the outstanding principal or the note shares, each together with accrued unpaid interest paid in cash, in connection with a “sale of the company” as such term is defined in the convertible promissory note. In connection with the Software Agreement described in Note 7 above, Arna, wholly owned by the Company’s president, loaned the Company $956,000, which is evidenced by a convertible promissory note, dated March 8, 2016, which bears interest at an annual rate of 10%. The principal amount together with accrued and unpaid interest thereon becomes due and payable on March 7, 2019. In the event that the Company completes an Uplist Transaction prior to the March 7, 2019 maturity date, the outstanding principal balance of the note will automatically convert into 21,194,381 shares of common stock (the “Note Shares”). If the Uplist Transaction does not occur prior to the maturity date, Arna will have the option to receive full payment of the outstanding principal balance or the Note Shares, each together with accrued unpaid interest paid in cash. Arna also will have the option to receive full payment of the outstanding principal or the note shares, each together with accrued unpaid interest paid in cash, in connection with a “sale of the company” as such term is defined in the convertible promissory note. On September 23, 2016, we entered into a software development agreement with Takniki Communications to further develop and enhance our online transaction platform, Travelcord. Pursuant to this software development agreement, we agreed to pay a fee of $695,000 upon delivery of enhanced software, which occurred on December 31, 2016. The Company paid for the software development by issuing a convertible promissory note in the principal amount of $695,000 to Takniki Communications with a maturity date of December 31, 2019 and bearing interest at a rate of 10%. The principal amount of this note is convertible into 10,303,070 shares of our common stock at the noteholder’s option at maturity. In the event that the Company completes an Uplist Transaction prior to the December 31, 2019 maturity date, the outstanding principal balance of the note will automatically convert into 10,303,070 shares of common stock (the “Note Shares”). If the Uplist Transaction does not occur prior to the maturity date, Takniki will have the option to receive full payment of the outstanding principal balance or the Note Shares, each together with accrued unpaid interest paid in cash. Takniki also will have the option to receive full payment of the outstanding principal or the note shares, each together with accrued unpaid interest paid in cash, in connection with a “sale of the company” as such term is defined in the convertible promissory note. ii. Guarantee Deposits of the Company’s President and Managing Director with IndusInd Bank Ltd. serve as collateral for a guarantee in the amount of $50,000 in favor of the International Air Transport Association (“IATA”) on behalf of Sunalpha. IndusInd Bank Ltd. will pay the guaranteed amount for claims through September 30, 2018.

Convertible Notes

Convertible Notes	12 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Convertible Notes	10. Convertible Notes On February 8, 2016, the Company issued convertible promissory notes to three accredited investors’ in the aggregate principal amount of $350,000 pursuant to a note purchase agreement of the same date. Interest will accrue at the rate of 6% per annum. In the event that the Company completes an underwritten public offering of its common stock in connection with a listing on a national securities exchange (an “Uplist Transaction”), prior to the February 8, 2019 maturity date, the outstanding principal balance of the note will automatically convert into a total of 9,156,206 shares of common stock (the “Note Shares”). If the Uplist Transaction does not occur prior to the maturity date, the noteholders will have the option to receive full payment of the outstanding principal balance of the Note shares each together with accrued unpaid interest paid in cash. The noteholders also will have the option to receive full payment of the outstanding principal or the note shares, each together with accrued unpaid interest paid in cash, in connection with a “sale of the company” as such term is defined in the convertible promissory note. On July 1, 2016, the Company issued convertible promissory notes to an accredited investor in the aggregate principal amount of $150,000 pursuant to a note purchase agreement dated February 8, 2016. Interest will accrue at the rate of 6% per annum. In the event that the Company completes an underwritten public offering of its common stock in connection with a listing on a national securities exchange (an “Uplist Transaction”), prior to the July 1, 2019 maturity date, the outstanding principal balance of the note will automatically convert into a total of 3,924,088 shares of common stock (the “Note Shares”). If the Uplist Transaction does not occur prior to the maturity date, the noteholder will have the option to receive full payment of the outstanding principal balance of the Note shares each together with accrued unpaid interest paid in cash. The noteholder also will have the option to receive full payment of the outstanding principal or the note shares, together with accrued unpaid interest paid in cash, in connection with a “sale of the company” as such term is defined in the convertible promissory note.

Stockholder's Equity

Stockholder's Equity	12 Months Ended
	Mar. 31, 2018
Stockholders' equity (deficit)
Stockholder's Equity	11. Stockholder’s Equity During fiscal 2018 the Company issued and sold 3,660,000 shares of the Company’s common stock, par value $0.0001 pursuant to a private placement. The purchase price per share was $0.30 resulting in aggregate proceeds of $1,098,000 to the Company.

Income Tax

Income Tax	12 Months Ended
	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Income Tax	12. Income Tax Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The deferred tax assets (liabilities) at March 31, 2018 and 2017 are as follows: March 31, 2018 March 31, 2017 Property and equipment $ 18,761 $ 26,611 Carried forward loss 329,337 199,720 Total deferred income taxes $ 348,098 $ 226,331 Income tax expense (benefit) was computed as follows: Federal income tax $ - $ - State income tax - - Foreign jurisdiction income tax - - Total income taxes, current provision - - Deferred income tax expenses/(benefit) (129,617 ) (167,032 ) Total income taxes expense/(benefit) $ (129,617 ) $ (167,032 ) The Company files its income tax returns on a fiscal year basis. The future effective income tax rate depends on various factors, such as the Company’s income (loss) before taxes, tax legislation and the geographic composition of pre-tax income. The Company files income tax returns in the U.S. federal jurisdiction, various State jurisdictions. Sunalpha files tax returns India. The Company is generally subject to U.S. Federal, State and local examinations by tax authorities for the past three years. On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (“Tax Act”). The Tax Act included a broad range of complex provisions impacting the taxation of multi-national companies. The Tax Act makes broad and complex changes to the U.S. corporate income tax system and includes a Transition Toll Tax (the “Transition Tax”), which is a one-time mandatory deemed repatriation tax on accumulated foreign subsidiaries’ previously untaxed foreign earnings. The Toll Charge will be paid over an eight-year period, starting in 2018, and will not accrue interest. The Tax Act also imposed a global intangible low-taxed income tax (“GILTI”), which is a new tax on certain off-shore earnings at an effective rate of 10.5% for tax years beginning after December 31, 2017 (increasing to 13.125% for tax years beginning after December 31, 2025) with a partial offset for foreign tax credits. Generally, accounting for the impacts of newly enacted tax legislation is required to be completed in the period of enactment, however in response to the complexities and ambiguity surrounding the Tax Act, the SEC released Staff Accounting Bulletin No. 118 (“SAB 118”) to provide companies with relief around the initial accounting for the Tax Act. Pursuant to SAB 118, the SEC has provided a one-year measurement period for companies to analyze and finalize accounting for the Tax Act. During the one-year measurement period, SAB 118 allows companies to recognize provisional amounts when reasonable estimates can be made for the impacts resulting from the Tax Act. TripBorn will finalize accounting for the Tax Act during the one-year measurement period. While our accounting for the Tax Act is not complete, we do not believe we are subject to the Transition Tax. The Transition Tax is a tax on previously untaxed accumulated earnings and profits (“E&P”) of our foreign subsidiary and our foreign subsidiary has historically generated operating losses. To determine the amount of the Transition Tax, we must determine, in addition to other factors, the amount of post-1986 E&P of the relevant subsidiaries, as well as the amount of non-U.S. income taxes paid on such earnings, if any. The Tax Act has significant complexity and our final tax liability may be materially altered due to additional guidance and regulations that may be issued by the U.S. Treasury Department, the Internal Revenue Service (“IRS”) and state and local tax authorities, and for TripBorn’s finalization of the relevant calculations required by the new tax legislation. TripBorn continues to analyze the provisions of the Tax Act which are effective after December 30, 2017, including but not limited to certain global intangible low-tax income (“GILTI”) from foreign operations. Under GAAP, companies are allowed to make an accounting policy election to either treat taxes resulting from GILTI as a current-period expense when they are incurred or factor such amounts into the measurement of deferred taxes. The Company has not completed its analysis of the effects of the GILTI provisions and will further consider the accounting policy election within the measurement period as provided under SAB 118.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
	Mar. 31, 2018
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	13. Recent Accounting Pronouncements The Company considers the applicability and impact of all accounting standards updates (“ASUs”). Management periodically reviews new accounting standards that are issued. New Accounting Pronouncements Recently Adopted In July 2015, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2015-11, “Simplifying the Measurement of Inventory”. ASU No. 2015-11 changes the measurement principle for inventory from the lower of cost or market to lower of cost and net realizable value. Net realizable value is defined as the estimated selling prices in the ordinary course of business; less reasonably predictable costs of completion, disposal and transportation. For public business entities, the amendments in this ASU are effective for fiscal years beginning after December 15, 2016, including interim reporting periods within those fiscal years. The Company adopted this guidance in the first quarter of its fiscal year ended March 31, 2018 using a prospective application. The adoption of this guidance did not have a material impact on the Company’s consolidated financial statements and related disclosures. In March 2016, the FASB issued ASU 2016-09, “Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” This update addresses several aspects of the accounting for share-based compensation transactions including: (a) income tax consequences when awards vest or are settled, (b) classification of awards as either equity or liabilities, (c) a policy election to account for forfeitures as they occur rather than on an estimated basis and (d) classification of excess tax impacts on the statement of cash flows. The Company adopted this guidance in the first quarter of its fiscal year ended March 31, 2018, which did not have a material impact on the consolidated financial statements and related disclosures. The amendments requiring recognition of excess tax benefits and tax deficiencies in the income statement will be applied prospectively. The Company does not expect the impact to be material to the consolidated results of operations; however, such determination is subject to change based on facts and circumstances at the time when awards vest or settle. New Accounting Pronouncements Not Yet Adopted In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”). ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-09 will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective and permits the use of either the retrospective or cumulative effect transition method. The guidance also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts. In August 2015, the FASB issued ASU No. 2015-14, “Deferral of the Effective Date” (“ASU 2015-14”), which defers the effective date for ASU 2014-09 by one year. For public entities, the guidance in ASU 2014-09 will be effective for annual reporting periods beginning after December 15, 2017 (including interim reporting periods within those periods), and for all other entities, ASU 2014-09 will be effective for annual reporting periods beginning after December 15, 2018, and interim reporting periods within annual reporting periods beginning after December 15, 2019. In March 2016, the FASB issued ASU No. 2016-08, “Principal versus Agent Considerations (Reporting Revenue versus Net)” (“ASU 2016-08”), which clarifies the implementation guidance on principal versus agent considerations in the new revenue recognition standard. In April 2016, the FASB issued ASU No. 2016-10, “Identifying Performance Obligations and Licensing” (“ASU 2016-10”), which reduces the complexity when applying the guidance for identifying performance obligations and improves the operability and understandability of the license implementation guidance. In May 2016, the FASB issued ASU No. 2016-12 “Narrow-Scope Improvements and Practical Expedients” (“ASU 2016-12”), which amends the guidance on transition, collectability, noncash consideration and the presentation of sales and other similar taxes. Preliminarily, the Company plans to adopt Topic 606 using the retrospective transition method and is continuing to evaluate the impact its pending adoption of Topic 606 will have on its consolidated financial statements. The Company believes that its current revenue recognition policies are generally consistent with the new revenue recognition standards set forth in ASU 2014-09. Potential adjustments to input measures are not expected to be pervasive to the majority of the Company’s contracts. While no significant impact is expected upon adoption of the new guidance, the Company will not be able to make that determination until the time of adoption based upon outstanding contracts at that time. The Company will adopt this pronouncement for the year ended March 31, 2019 and all interim periods within. In February 2016, the FASB issued ASU No. 2016-02, "Leases” to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet with a corresponding liability and disclosing key information about leasing arrangements. For public business entities, the amendments in this ASU are effective for fiscal years beginning after December 15, 2018, including interim reporting periods within those fiscal years. For all other entities, the amendments in this ASU are effective for fiscal years beginning after December 15, 2019, and interim reporting periods within fiscal years beginning after December 15, 2020. Early adoption is permitted. The Company is evaluating the impact of the adoption of this revised guidance on its consolidated financial statements and related disclosures. In August 2016, the FASB issued ASU No. 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments, to address diversity in how certain cash receipts and cash payments are presented and classified in the statement of cash flows”. The amendments provide guidance on the following eight specific cash flow issues: (1) Debt Prepayment or Debt Extinguishment Costs; (2) Settlement of Zero-Coupon Debt Instruments or Other Debt Instruments with Coupon Interest Rates That Are Insignificant in Relation to the Effective Interest Rate of the Borrowing; (3) Contingent Consideration Payments Made after a Business Combination; (4)Proceeds from the Settlement of Insurance Claims; (5) Proceeds from the Settlement of Corporate-Owned Life Insurance Policies, including Bank-Owned; (6) Life Insurance Policies; (7) Distributions Received from Equity Method Investees; (8) Beneficial Interests in Securitization Transactions; and Separately Identifiable Cash Flows and Application of the Predominance Principle. The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2018, and interim reporting periods within fiscal years beginning after December 15, 2019. The amendments should be applied using a retrospective transition method to each period presented. If it is impracticable to apply the amendments retrospectively for some of the issues, the amendments for those issues would be applied prospectively as of the earliest date practicable. The Company does not expect that adoption of this guidance will have a material impact on its consolidated financial statements and related disclosures. In October 2016, the FASB issued ASU No. 2016-16, “Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other than Inventory”, which requires the recognition of the income tax consequences of an intra-entity transfer of an asset, other than inventory, when the transfer occurs. For public business entities, the amendments in this ASU are effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within those annual reporting periods. For all other entities, the amendments in this ASU are effective for annual reporting periods beginning after December 15, 2018, and interim reporting periods within annual periods beginning after December 15, 2019. Early adoption is permitted. The amendments in this ASU should be adopted on a modified retrospective basis. The Company does not expect that adoption of this guidance will have a material impact on its consolidated financial statements and related disclosures. In October 2016, the FASB issued ASU No. 2016-17, “Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control”. The amendments affect reporting entities that are required to evaluate whether they should consolidate a variable interest entity in certain situations involving entities under common control. Specifically, the amendments change the evaluation of whether a reporting entity is the primary beneficiary of a variable interest entity by changing how a reporting entity that is a single decision maker of a variable interest entity treats indirect interests in the entity held through related parties that are under common control with the reporting entity. The amendments are effective for public business entities for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2016, and interim reporting periods within fiscal years beginning after December 15, 2017. Early adoption is permitted. The Company does not expect that adoption of this guidance will have a material impact on its consolidated financial statements and related disclosures. In November 2016, the FASB issued ASU No. 2016-18, "Statement of Cash Flows (Topic 230): Restricted Cash", which requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this ASU apply to all entities that have restricted cash or restricted cash equivalents and are required to present a statement of cash flows under Topic 230. The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2018, and interim periods within fiscal years beginning after December 15, 2019. Early adoption is permitted. The amendments should be applied using a retrospective transition method to each period presented. The adoption of this guidance will increase cash and cash equivalents by the amount of the restricted cash on the Company's consolidated statement of cash flows. In January 2017, the FASB issued ASU No. 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business". The amendments in this ASU clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. Basically, these amendments provide a screen to determine when a set is not a business. If the screen is not met, the amendments in this ASU first, require that to be considered a business, a set must include, at a minimum, an input and a substantive process that together significantly contribute to the ability to create output and second, remove the evaluation of whether a market participant could replace missing elements. These amendments take effect for public businesses for fiscal years beginning after December 15, 2017 and interim periods within those periods, and all other entities should apply these amendments for fiscal years beginning after December 15, 2018, and interim periods within annual periods beginning after December 15, 2019. The Company does not expect that adoption of this guidance will have a material impact on its consolidated financial statements and related disclosures. In February 2017, the FASB issued ASU No. 2017-05, “Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets” to clarify the scope of Subtopic 610-20 and to add guidance for partial sales of nonfinancial assets. Subtopic 610-20, which was issued in May 2014 as a part of ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), provides guidance for recognizing gains and losses from the transfer of nonfinancial assets in contracts with noncustomers. For public entities, the amendments are effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. For all other entities, the amendments in this Update are effective for annual reporting periods beginning after December 15, 2018, and interim reporting periods within annual reporting periods beginning after December 15, 2019. The Company does not expect that adoption of this guidance will have a material impact on its consolidated financial statements and related disclosures. In May 2017, the FASB issued ASU 2017-09, “Scope of Modification Accounting”, which amends the scope of modification accounting for share-based payment arrangements, provides guidance on the types of changes to the terms or conditions of share-based payment awards to which an entity would be required to apply modification accounting under ASC 718. For all entities, the ASU is effective for annual reporting periods, including interim periods within those annual reporting periods, beginning after December 15, 2017. Early adoption is permitted, including adoption in any interim period. The Company does not expect that adoption of this guidance will have a material impact on its unaudited condensed consolidated financial statements and related disclosures.

Net Income (Loss) Per Share

Net Income (Loss) Per Share	12 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Net Income (Loss) Per Share	14. Net Income (Loss) Per Share A reconciliation of net income and weighted average shares used in computing basic and diluted net income per share is as follows: Years ended March 31, 2018 2017 Basic net income (loss) per share: Net income (loss) applicable to common shares $ (1,063,728 ) $ (682,924 ) Weighted average common shares outstanding 91,287,934 77,286,488 Basic net income (loss) per share of common stock $ (0.01 ) $ (0.01 ) Diluted net income (loss) per share: Net income (loss) applicable to common shares $ (1,063,728 ) $ (682,924 ) Weighted average common shares outstanding 91,287,934 77,286,488 Dilutive effects of convertible debt - - Weighted average common shares, assuming dilutive effect of convertible 91,287,934 77,286,488 Diluted net income (loss) per share of common stock $ (0.01 ) $ (0.01 ) Due to net loss, the shares of common stock underlying the convertible notes described in Notes 9 and 10 were not included in the calculation of diluted net loss per share, as they would have had an antidilutive effect.

Commitments

Commitments	12 Months Ended
	Mar. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments	15. Commitments The Company is the B2B Principal Agent of the Indian Railway Catering and Tourism Corporation, or IRCTC, which is a government entity that allows the Company to offer reservations through Indian Railways’ passenger reservation system on the Company’s webpage. Indian Railways is India’s state-owned railway, which owns and operates most of India’s rail transportation. The Company has integrated its online portal with IRCTC’s to provide a seamless booking process. Pursuant to an Application Programming Interface (API) agreement, dated October 5, 2015, the Company is required to pay a minimum annual maintenance fee of $7,500 to IRCTC. In the event the agreement is renewed, the amount based on the number of active railway agents that use the Company rail booking services on the Company’s platform will be payable annually. On September 30, 2017, the Company renewed its agreement with the IRCTC and paid an annual maintenance fee of $8,600 based on the number of active railway agents it has enrolled to book rail tickets. Until December 8, 2015, the Company shared office space with Maxim Group LLC. The majority member of Maxim Group LLC is the sole stockholder of Maxim Kelyfos, LLC, which owned 93% of the Company’s common stock outstanding prior to the acquisition of Sunalpha by the Company. Through Sunalpha, the Company currently occupies approximately 2,455 square feet of office space owned by a director of the Company on a rent free basis. As of March 31, 2018 and 2017, the Company has not paid any rent. The Company is expected to pay market rate rent once the Company is profitable. The Company has leased office space in Ahmedabad, India effective from March 1, 2016 for a term of five years. The operations of the Company are being undertaken from the new premises. The Company will pay approximately $1,260 per month pursuant to the lease agreement. The Company entered into a consulting agreement effective May 24, 2016 with LogiCore Strategies, LLC (“LogiCore”), pursuant to which Richard J. Shaw serves as the Company’s Chief Financial Officer. The Company compensates LogiCore for Mr. Shaw’s time at an annual rate of $60,000.

Subsequent Events

Subsequent Events	12 Months Ended
	Mar. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	16. Subsequent Events The Company has evaluated subsequent events through June 29, 2018, the date on which the financial statements were available to be issued.

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Accounting Policies	Accounting Policies These financial statements are prepared on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America (“US GAAP”) as detailed in the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”).
Basis of Presentation	Basis of Presentation The acquisition of all of the outstanding shares of common stock of Sunalpha by TripBorn on December 14, 2015 is being accounted for as a reverse recapitalization. Sunalpha is the acquirer for financial reporting purposes, and TripBorn is the acquired company. Consequently, the assets, liabilities and results of operations that are reflected in the Company’s consolidated financial statements prior to the December 14, 2015 transaction are those of Sunalpha and are recorded using the historical cost basis. The consolidated financial statements after completion of the December 14, 2015 transaction include the assets, liabilities and results of operations of Sunalpha up to the day prior to the closing of the transaction, and the assets, liabilities and results of operations of the Company and Sunalpha from and after the closing of the transaction on December 14, 2015. All significant related party accounts and transactions between the Company and Sunalpha have been eliminated upon consolidation.
Revenue Recognition	Revenue Recognition The Company provides travel products and services to leisure and corporate travelers in India and abroad. The revenue from rendering these services is recognized at the time when significant risk and rewards are transferred to the customer. This is generally the case: 1) on the date of departure for vacation packages, 2) on the date of check in for hotel booking business and 3) on the date of issuance for the sale of airline tickets. Revenue from the sale of airline tickets is recognized as an agent on a net commission earned basis, when the Company does not assume any performance obligation following the confirmation of the issuance of an airline ticket to the customer. In instances where the Company has procured coupons of airline tickets in advance for an anticipated future demand from customers, and assumes the risk of loss for tickets not used, the revenue from the sale of such airline tickets is accounted for on the gross basis. Incentives from airlines are recognized when the performance obligations under the incentive programs are achieved. Revenue from hotel reservations, including commissions earned is recognized on a net basis as an agent, on the date of check-in, when the Company does not assume any performance obligation following the issuance of a hotel confirmation voucher to the customer. Where the Company has pre-booked the hotel room for an anticipated future demand from the customers and assumes the risk for not using the available hotel room nights at its disposal, revenue from the sale of such hotel room nights is accounted for on the gross basis. Performance linked incentives from hotels are recognized as income on achievement of performance obligations. Revenue from vacation packages, including income on airline tickets sold to customers as a part of vacation packages, is accounted for on the gross basis as the Company is determined to be the primary obligor in the arrangement i.e., the risks and responsibilities are taken by the Company, including the responsibility for delivery of services. Revenue from other sources, primarily comprising revenue from rail and bus ticket reservations is recognized as the services are being performed. Revenue from the rail and bus ticket reservations is recognized as an agent on a net commission earned basis, as the Company does not assume any performance obligation following the confirmation of the issuance of the ticket to the customer. Revenue is recognized net of cancellations, refunds, discounts and taxes. In the event of cancellation of tickets, revenue recognized with respect to commissions earned by the Company on such tickets is reversed and is netted against the revenue earned during the fiscal period, at the time the cancellation is made by the customer. In addition, a liability is recognized in respect to the refund due to the customers for the gross amount charged to such customers net of cancellation fees. The revenue from the sale of vacation packages and hotel reservations is recognized on the customer’s departure and check-in dates, respectively. Cancellations, if any, do not impact revenue recognition since revenue is recognized upon the availment of services by the customer.
Cost of Revenue	Cost of Revenue Cost of revenue primarily consists of costs paid to hotel and vacation package suppliers for the acquisition of relevant services and products for sale to customers and includes the procurement cost of hotel rooms and other services. Cost of revenue is the amount paid or accrued against procurement of these services and products from the respective suppliers and do not include any other operating cost to provide these services or products. Cost of revenue is recognized when incurred, which coincides with the recognition of the corresponding revenue.
Operating Expenses	Operating Expenses Operating expenses include costs such as advertising and business promotion costs, utilities, rent, payroll and consultants fees and charges, which are recognized on an accrual basis. Depreciation and amortization costs are amortized over the estimated useful lives of the assets.
Use of Estimates	Use of Estimates The preparation of financial statements in US GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and footnotes thereto. Actual results could differ significantly from those estimates. The estimates underlying the Company’s Financial Statements relate to, accruals for travel transactions, valuation of accounts receivable, useful life of long-lived assets and income taxes.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly-liquid investments (including money market funds) with an original maturity at acquisition of three months or less to be cash equivalents. The Company maintains cash balances, which may exceed federally insured limits. The Company does not believe that this results in any significant credit risk. Sunalpha has eleven and nine accounts denominated in Indian Rupees at March 31, 2018 and 2017, respectively. As of March 31, 2018 and 2017, the cash balance in financial institutions in India was USD $478,254 and $116,806, respectively. The transactions are undertaken in Indian Rupees and results in foreign currency translation adjustment. The Company’s cash deposits in India are not insured against loss. The Company does not believe that this results in any significant credit risk.
Receivables and Credit Policies	Receivables and Credit Policies Accounts receivable are uncollateralized customer obligations due under normal trade terms which generally range from 24 hours to seven to ten days from the time and date of transaction. Accounts receivable are stated at the amount billed to the customer. Customer account balances with invoices exceeding credit terms are considered delinquent. Payments of accounts receivable are allocated to specific invoices identified on the customer’s remittance advice or, if unspecified, are applied to the earliest unpaid invoices.
Property and Equipment	Property and Equipment Property and equipment are stated at cost less accumulated depreciation. Depreciation of property and equipment is computed on a straight-line basis over the estimated useful lives of the assets. The Company charges repairs and maintenance costs that do not extend the lives of the assets to expenses as incurred.
Intangible Assets	Intangible Assets Intangible assets with indefinite useful lives are tested for impairment at least annually. Intangible assets that have limited useful lives are amortized on a straight line basis over the shorter of their useful or legal lives.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments which potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. The Company maintains its cash in bank deposit accounts, which are not insured. The Company has not experienced any losses in such accounts. The Company believes that it is not exposed to any significant credit risk on cash.
Income Taxes	Income Taxes The Company The Company accounts for income taxes in accordance with ASC 740, are recognized for the tax consequences differences between financial statement carrying amounts of existing assets and liabilities and operating loss and tax credit effect on deferred of a change in tax rates is recognized in income in the period that includes the enactment date. ASC 740 clarifies the accounting for uncertainty in tax positions. This interpretation requires that an entity recognizes in its financial statements the impact of a tax position, if that position is more likely than not of being sustained upon examination, based on the technical merits of the position. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company has elected to classify interest and penalties related to unrecognized tax benefits, if and when required, as part of income tax expense in the consolidated statements of income and comprehensive income. No significant uncertainty in tax positions relating to income taxes have been incurred during the years ended March 31, 2018 and 2017. On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (“Tax Act”). The Tax Act included a broad range of complex provisions impacting the taxation of multi-national companies. The Tax Act makes broad and complex changes to the U.S. corporate income tax system and includes a Transition Toll Tax (the “Transition Tax”), which is a one-time mandatory deemed repatriation tax on accumulated foreign subsidiaries’ previously untaxed foreign earnings. Since the Company’s foreign subsidiary has historically realized net losses, we believe that the Company is not subject to the Transition Tax. The Tax Act also imposed a global intangible low-taxed income tax (“GILTI”), which is a new tax on certain off-shore earnings at an effective rate of 10.5% for tax years beginning after December 31, 2017 (increasing to 13.125% for tax years beginning after December 31, 2025) with a partial offset for foreign tax credits.
Foreign Currency Translation	Foreign Currency Translation The Company translates the foreign currency financial statements into US Dollars using the year or reporting period end or average exchange rates in accordance with the requirements of ASC subtopic 830-10, Foreign Currency Matters (“ASC 830-10”). Assets and liabilities are translated at exchange rates as of the balance sheet date. Revenues and expenses are translated at average rates in effect for the periods presented. The cumulative translation adjustment is included in the accumulated other comprehensive gain (loss) within shareholders’ equity (deficit). The value of INR against US$ and other currencies may fluctuate and is affected by, among other things, changes in India’s political and economic conditions. Any significant revaluation of INR may materially affect the Company’s financial condition in terms of US$ reporting. The following table outlines the currency exchange rates that were used in creating the consolidated financial statements in this report: March 31, 2018 March 31, 2017 Period-end spot rate US$1=INR 68.2967 US$1=INR 64.8120 Average rate US$1=INR 66.6880 US$1=INR 65.5282

Summary of Significant Accoun25

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Mar. 31, 2018
Summary Of Significant Accounting Policies Tables
Schedule of currency exchange rates	The following table outlines the currency exchange rates that were used in creating the consolidated financial statements in this report: March 31, 2018 March 31, 2017 Period-end spot rate US$1=INR 68.2967 US$1=INR 64.8120 Average rate US$1=INR 66.6880 US$1=INR 65.5282

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Mar. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	The property and equipment listed below are recorded in the books of Sunalpha. March 31, 2018 March 31, 2017 Computer $ 13,443 $ 20,782 Furniture and Fixture 5,468 4,138 Office Equipment 6,537 5,768 Software License 768 244 Total 26,216 30,933 Accumulated depreciation (14,057 ) (17,697 ) Fixed assets, net $ 12,159 $ 13,236

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	Intangible assets consist of the following as of March 31, 2018 and March 31, 2017: March 31, 2018 March 31, 2017 API Access $ 133,763 $ 129,876 Software 1,651,000 1,651,000 Total 1,784,763 1,780,876 Accumulated amortization (595,264 ) (217,654 ) Intangible assets, net $ 1,189,499 $ 1,563,222

Income Tax (Tables)

Income Tax (Tables)	12 Months Ended
	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of deferred tax assets (liabilities)	The deferred tax assets (liabilities) at March 31, 2018 and 2017 are as follows: March 31, 2018 March 31, 2017 Property and equipment $ 18,761 $ 26,611 Carried forward loss 329,337 199,720 Total deferred income taxes $ 348,098 $ 226,331
Schedule of income tax expense (benefit)	Income tax expense (benefit) was computed as follows: Federal income tax $ - $ - State income tax - - Foreign jurisdiction income tax - - Total income taxes, current provision - - Deferred income tax expenses/(benefit) (129,617 ) (167,032 ) Total income taxes expense/(benefit) $ (129,617 ) $ (167,032 )

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	12 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Schedule of basic and diluted net income per share	A reconciliation of net income and weighted average shares used in computing basic and diluted net income per share is as follows: Years ended March 31, 2018 2017 Basic net income (loss) per share: Net income (loss) applicable to common shares $ (1,063,728 ) $ (682,924 ) Weighted average common shares outstanding 91,287,934 77,286,488 Basic net income (loss) per share of common stock $ (0.01 ) $ (0.01 ) Diluted net income (loss) per share: Net income (loss) applicable to common shares $ (1,063,728 ) $ (682,924 ) Weighted average common shares outstanding 91,287,934 77,286,488 Dilutive effects of convertible debt - - Weighted average common shares, assuming dilutive effect of convertible 91,287,934 77,286,488 Diluted net income (loss) per share of common stock $ (0.01 ) $ (0.01 )

Summary of Significant Accoun30

Summary of Significant Accounting Policies (Details) - India, Rupees	Mar. 31, 2018	Mar. 31, 2017
Period-end spot rate	68.2967	64.8120
Average rate	66.6880	65.5282

Summary of Significant Accoun31

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Corporate income tax rate	30.00%
Effective tax rate	10.50%
Increase in effective income tax	13.125%
Sunalpha Green Technologies Private Limited [Member]
Cash	$ 478,254	$ 116,806

Change in Control Transaction (

Change in Control Transaction (Details Narrative) - USD ($)	Dec. 08, 2015	Mar. 31, 2018	Mar. 31, 2017
Number of shares issued		3,660,000
Number of shares issued, value		$ 1,098,000	$ 650,001
Arna Global LLC ("Arna") [Member] | Stock Purchase Agreement [Member]
Number of shares issued	71,428,570
Number of shares issued, value	$ 95,500
Ownership percentage	93.00%

Increase in Authorized Shares (

Increase in Authorized Shares (Details Narrative) - shares	Jan. 13, 2016	Mar. 31, 2018	Mar. 31, 2017
Stockholders' Equity Note [Abstract]
Common stock, authorized	100,000,000	200,000,000	200,000,000
Former entity registered name	PinstripesNYC. Inc

Property and Equipment (Details

Property and Equipment (Details) - USD ($)	Mar. 31, 2018	Mar. 31, 2017
Property, Plant and Equipment [Line Items]
Total	$ 26,216	$ 30,933
Accumulated depreciation	(14,057)	(17,697)
Fixed Assets, net	12,159	13,236
Computer [Member]
Property, Plant and Equipment [Line Items]
Total	13,443	20,782
Furniture and Fixture [Member]
Property, Plant and Equipment [Line Items]
Total	5,468	4,138
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Total	6,537	5,768
Software License [Member]
Property, Plant and Equipment [Line Items]
Total	$ 768	$ 244

Property and Equipment (Detai35

Property and Equipment (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 3,640	$ 9,100

Intangible Assets (Details)

Intangible Assets (Details) - USD ($)	Mar. 31, 2018	Mar. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Total	$ 1,784,763	$ 1,780,876
Accumulated amortization	(595,264)	(217,654)
Intangible assets, net	1,189,499	1,563,222
Application Programming Interface (API) Access [Member]
Finite-Lived Intangible Assets [Line Items]
Total	133,763	129,876
Software [Member]
Finite-Lived Intangible Assets [Line Items]
Total	$ 1,651,000	$ 1,651,000

Intangible Assets (Details Narr

Intangible Assets (Details Narrative) - USD ($)	Dec. 16, 2015	Mar. 31, 2018	Mar. 31, 2017	Jun. 30, 2017	Sep. 23, 2016
Amortization expense		$ 379,873	$ 217,425
2016 Software Development Agreement [Member] | Takniki Communications [Member]
Due to related party				$ 695,000
2016 Software Development Agreement [Member] | 10% Convertible Promissory Notes Due December 31, 2019 [Member] | Takniki Communications [Member]
Due to related party					$ 695,000
Debt principal amount					$ 695,000
Arna Global LLC ("Arna") [Member] | Convertible Promissory Notes [Member]
Payment to acquire intangible asset		$ 956,000
Arna Global LLC ("Arna") [Member] | Software Agreement [Member] | Ownership And Development Rights [Member] | Travelcord [Member]
Payment to acquire intangible asset	$ 956,000

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	Sep. 23, 2016	Mar. 08, 2016	Mar. 31, 2018	Jun. 30, 2017	Jul. 11, 2016
Number of shares issued upon debt conversion			130,890,292
2016 Software Development Agreement [Member] | Takniki Communications [Member]
Due to related party				$ 695,000
Mr. Deepak Sharma [Member]
Loans payable - related party					$ 2,501
Arna Global LLC ("Arna") [Member]
Loans payable - related party					$ 21,457
President and Managing Director [Member] | IndusInd Bank Ltd [Member]
Guaranteed claim amount		$ 50,000
10% Convertible Promissory Notes Due March 7, 2019 [Member] | Mr. Deepak Sharma [Member]
Debt principal amount		$ 156,407
Number of shares issued upon debt conversion		3,432,234
10% Convertible Promissory Notes Due March 7, 2019 [Member] | Mr. Mandloi [Member]
Debt principal amount		$ 38,076
Number of shares issued upon debt conversion		835,552
10% Convertible Promissory Notes Due March 7, 2019 [Member] | Arna Global LLC ("Arna") [Member] | Software Agreement [Member]
Debt principal amount		$ 956,000
Number of shares issued upon debt conversion		21,194,381
10% Convertible Promissory Notes Due December 31, 2019 [Member] | 2016 Software Development Agreement [Member] | Takniki Communications [Member]
Due to related party	$ 695,000
Debt principal amount	$ 695,000
Number of shares issued upon debt conversion	10,303,070

Convertible Notes (Details Narr

Convertible Notes (Details Narrative) - USD ($)	Jul. 01, 2016	Feb. 08, 2016	Mar. 31, 2018
Number of shares issued upon debt conversion			130,890,292
Note Purchase Agreement [Member] | 6% Convertible Promissory Notes Due February 8, 2019 [Member] | Three Accredited Investors [Member]
Debt principal amount		$ 350,000
Number of shares issued upon debt conversion		9,156,206
Note Purchase Agreement [Member] | 6% Additional Convertible Promissory Note Due July 1, 2019 [Member] | One Accredited Investors [Member]
Debt principal amount	$ 150,000
Number of shares issued upon debt conversion	3,924,088

Stockholder's Equity (Details N

Stockholder's Equity (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Stockholders' Equity Note [Abstract]
Number of shares issued	3,660,000
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Purchase price (in dollars per share)	$ 0.30
Number of shares issued, value	$ 1,098,000	$ 650,001

Income Tax (Details)

Income Tax (Details) - USD ($)	Mar. 31, 2018	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Property and equipment	$ 18,761	$ 26,611
Carried forward loss	329,337	199,720
Total deferred income taxes	$ 348,098	$ 226,331

Income Tax (Details 1)

Income Tax (Details 1) - USD ($)	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Federal income tax
State income tax
Foreign jurisdiction income tax
Total income taxes, current provision
Deferred income tax expenses/(benefit)	(129,617)	(167,032)
Total income taxes expense/(benefit)	$ (129,617)	$ (167,032)

Income Tax (Details Narrative)

Income Tax (Details Narrative)	12 Months Ended
	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Corporate income tax rate	30.00%
Effective tax rate	10.50%
Increase in effective income tax	13.125%

Net Income (Loss) Per Share (De

Net Income (Loss) Per Share (Details) - USD ($)	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Basic net income (loss) per share:
Net income (loss) applicable to common shares	$ (1,063,728)	$ (682,924)
Weighted average common shares outstanding	91,287,934	77,286,488
Basic net income (loss) per share of common stock	$ (0.01)	$ (0.01)
Diluted net income (loss) per share:
Net income (loss) applicable to common shares	$ (1,063,728)	$ (682,924)
Weighted average common shares outstanding	91,287,934	77,286,488
Dilutive effects of convertible debt
Weighted average common shares, assuming dilutive effect of convertible debt	91,287,934	77,286,488
Diluted net income (loss) per share of common stock	$ (0.01)	$ (0.01)

Commitments (Details Narrative)

Commitments (Details Narrative)	Sep. 30, 2017USD ($)	May 24, 2016USD ($)	Mar. 01, 2016USD ($)	Oct. 05, 2015USD ($)	Mar. 31, 2018ft²	Dec. 08, 2015
INDIA (Ahmedabad City) [Member]
Term of leases			5 years
Rent expense per month			$ 1,260
Maxim Group LLC [Member]
Ownership percentage						93.00%
Director [Member]
Office space | ft²					2,455
Indian Railway Catering and Tourism Corporation [Member]
Maintenance fee	$ 8,600
LogiCore Strategies, LLC ("LogiCore") [Member] | Richard J. Shaw [Member]
Compensation		$ 60,000
Application Programming Interface (API) Agreement [Member] | Indian Railway Catering and Tourism Corporation [Member]
Maintenance fee				$ 7,500