| Document And Entity Information - shares | 9 Months Ended | |
| Apr. 30, 2016 | Jun. 10, 2016 | |
| Document And Entity Information | ||
| Entity Registrant Name | Darkstar Ventures, Inc. | |
| Entity Central Index Key | 1,530,163 | |
| Document Type | 10-Q | |
| Document Period End Date | Apr. 30, 2016 | |
| Amendment Flag | false | |
| Current Fiscal Year End Date | --07-31 | |
| Is Entity a Well-known Seasoned Issuer? | No | |
| Is Entity a Voluntary Filer? | No | |
| Is Entity's Reporting Status Current? | Yes | |
| Entity Filer Category | Smaller Reporting Company | |
| Entity Common Stock, Shares Outstanding | 647,345,000 | |
| Document Fiscal Period Focus | Q3 | |
| Document Fiscal Year Focus | 2,016 |
| Condensed Consolidated Balance Sheets - USD ($) | Apr. 30, 2016 | Jul. 31, 2015 |
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $ 54,240 | $ 215 |
| Other current assets | 39,932 | 270 |
| Total current assets | 94,172 | 485 |
| Total assets | 94,172 | 485 |
| CURRENT LIABILITIES: | ||
| Accounts payables and accrued expenses | $ 4,965 | 1,419 |
| Loan payable - related party | 203,681 | |
| Total current liabilities | $ 4,965 | $ 205,100 |
| LONG TERM LOAN | $ 139,499 | |
| STOCKHOLDERS' DEFICIT: | ||
| Preferred stock, 5,000,000 shares authorized, par value $0.0001, none issued and outstanding | ||
| Common shares par value $0.0001: Authorized: 2,000,000,000 shares and 500,000,000 shares at April 30, 2016 and July 31, 2015, respectively. Issued and outstanding: 647,345,000 shares and 107,145,000 shares at April 30, 2016 and July 31, 2015, respectively. | $ 64,734 | $ 10,714 |
| Additional paid-in capital | 511,116 | $ 24,936 |
| Accumulated other comprehensive income | (1,777) | |
| Receivables on account of shares issued | 150,000 | |
| Accumulated deficit | (474,365) | $ (240,265) |
| Total Stockholders' Equity (Deficit) | (50,292) | (204,615) |
| Total liabilities and Stockholders' Equity (Deficit) | $ 94,172 | $ 485 |
| Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares | Apr. 30, 2016 | Jul. 31, 2015 |
| Statement of Financial Position [Abstract] | ||
| Preferred stock, par value per share | $ 0.0001 | $ 0.0001 |
| Preferred stock, shares authorized | 5,000,000 | 5,000,000 |
| Preferred stock, shares issued | ||
| Preferred stock, shares outstanding | ||
| Common stock, par value per share | $ 0.0001 | $ 0.0001 |
| Common stock, shares authorized | 2,000,000,000 | 500,000,000 |
| Common stock, shares issued | 647,345,000 | 107,145,000 |
| Common stock, shares outstanding | 647,345,000 | 107,145,000 |
| Condensed Consolidated Statements Of Comprehensive Loss - USD ($) | 3 Months Ended | 9 Months Ended | ||
| Apr. 30, 2016 | Apr. 30, 2015 | Apr. 30, 2016 | Apr. 30, 2015 | |
| Income Statement [Abstract] | ||||
| General and administrative expenses | $ 173,970 | $ 11,327 | $ 216,273 | $ 35,423 |
| Operating loss | (173,970) | (11,327) | (216,273) | (35,423) |
| Interest expense, net | (8,257) | (2,127) | (16,050) | (5,948) |
| Net loss | (182,227) | $ (13,454) | (232,323) | $ (41,371) |
| Other comprehensive loss - Foreign currency loss | (2,271) | (1,777) | ||
| Comprehensive loss | $ (184,498) | $ (13,454) | $ (234,100) | $ (41,371) |
| Basic and diluted net loss per common share | $ 0 | $ 0 | $ 0 | $ 0 |
| Weighted average number of common shares outstanding during the period - basic and diluted | 203,180,556 | 107,145,000 | 138,689,526 | 107,145,000 |
| Condensed Consolidated Statements Of Changes In Shareholders' Equity (Deficit) - USD ($) | Common Stock, USD 0.0001 Par Value | Receivables on account of shares issued | Foreign currency translation adjustments | Additional paid-in Capital | Accumulated deficit | Total |
| Balance, shares at Jul. 31, 2014 | 107,145,000 | |||||
| Balance, value at Jul. 31, 2014 | $ 10,714 | $ 24,936 | $ (176,854) | $ (141,204) | ||
| Issuance of shares in exchanges for conversion of loan, shares | ||||||
| Issuance of shares in exchanges for conversion of loan, value | ||||||
| Foreign currency translation adjustments | ||||||
| Net loss for the nine months ended | (41,371) | $ (41,371) | ||||
| Balance, shares at Apr. 30, 2015 | 107,145,000 | |||||
| Balance, value at Apr. 30, 2015 | $ 10,714 | $ 24,936 | (218,225) | $ (182,575) | ||
| Balance, shares at Jul. 31, 2015 | 107,145,000 | 107,145,000 | ||||
| Balance, value at Jul. 31, 2015 | $ 10,714 | 24,936 | $ (240,265) | $ (204,615) | ||
| Issuance of shares in exchanges for conversion of loan, shares | 270,000,000 | |||||
| Issuance of shares in exchanges for conversion of loan, value | $ 27,000 | 243,000 | 270,000 | |||
| Issuance of shares for services , shares | 120,200,000 | |||||
| Issuance of shares for services, value | $ 12,020 | 108,180 | $ 120,200 | |||
| Receivables on account of shares issued, shares | 150,000,000 | |||||
| Receivables on account of shares issued, value | $ 15,000 | $ (150,000) | $ 135,000 | |||
| Foreign currency translation adjustments | $ (1,777) | $ (1,777) | ||||
| Net loss for the nine months ended | $ (234,100) | $ (234,100) | ||||
| Balance, shares at Apr. 30, 2016 | 647,345,000 | 647,345,000 | ||||
| Balance, value at Apr. 30, 2016 | $ 64,734 | $ (150,000) | $ (1,777) | $ 511,116 | $ 474,365 | $ (50,292) |
| Condensed Consolidated Statements Of Cash Flows - USD ($) | 9 Months Ended | |
| Apr. 30, 2016 | Apr. 30, 2015 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net loss | $ (234,100) | $ (41,371) |
| Adjustments required to reconcile net loss to net cash used in operating activities: | ||
| Accrued interest on loans from related party | 12,621 | |
| Accrued interest on long term loan | 6,556 | |
| Share based compensation | 120,200 | |
| Increase in prepaid expenses and other receivables | 39,662 | |
| Increase in other account payables | 3,546 | $ 16,248 |
| Net cash used in operating activities | $ (130,839) | $ (25,123) |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from long term loan | $ 132,943 | |
| Proceeds from loan Payable | $ 24,980 | |
| Proceeds from loan Payable - related party | $ 60,080 | |
| Repayments of loan - related party | 6,382 | |
| Net cash provided by financing activities | 186,641 | $ 24,980 |
| INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 55,802 | $ (143) |
| EFFECT OF EXCHANGE RATE CHANGES | (1,777) | |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD | 215 | $ 556 |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD | 54,240 | $ 413 |
| NON-CASH TRANSACTION: | ||
| Conversion of related party loan into shares | $ 270,000 | |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||
| Cash paid during the period for: Interest | ||
| Cash paid during the period for: Income taxes | ||
| General | 9 Months Ended |
| Apr. 30, 2016 | |
| Accounting Policies [Abstract] | |
| General | NOTE 1 - GENERAL Darkstar Ventures, Inc. (the Company or we) was incorporated on May 8, 2007 under the laws of the State of Nevada. The Company established a wholly-owned subsidiary in Israel, Bengio Urban Renewals Ltd ("Bengio")., to focus its limited resources in the area of real estate development, particularly focusing on the urban renewal market in Israel. The Companys activities are subject to significant risks and uncertainties, including failing to secure additional funding to operationalize the Companys current business plan. |
| Interim Financial Statements | 9 Months Ended |
| Apr. 30, 2016 | |
| Quarterly Financial Information Disclosure [Abstract] | |
| Interim Financial Statements | NOTE 2 - INTERIM FINANCIAL STATEMENTS The accompanying unaudited interim consolidated financial statements as of April 30, 2016 and for the nine months then ended, have been prepared in accordance with accounting principles generally accepted in the United States relating to the preparation of financial statements for interim periods. Accordingly, they do not include all the information and footnotes required for annual financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the nine months ended April 30, 2016 are not necessarily indicative of the results that may be expected for the year ending July 31, 2016. The July 31, 2015 Condensed Balance Sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America. These financial statements should be read in conjunction with the financial statements and notes thereto contained in the Companys Annual Report on Form 10-K for the year ended July 31, 2015. |
| Significant Accounting Policies | 9 Months Ended |
| Apr. 30, 2016 | |
| Accounting Policies [Abstract] | |
| Significant Accounting Policies | NOTE 3 - SIGNIFICANT ACCOUNTING POLICIES The significant accounting policies applied in the annual financial statements of the Company as of July 31, 2015, are applied consistently in these financial statements. |
| Going Concern | 9 Months Ended |
| Apr. 30, 2016 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Going Concern | NOTE 4 - GOING CONCERN The Company has not commenced planned principal operations. The Company had an accumulated deficit of $474,365 as of April 30, 2016. In addition, the Company continues to have negative cash flows from operations. These factors raise substantial doubt about the Companys ability to continue as a going concern. There can be no assurance that sufficient funds required during the next year or thereafter will be generated from operations or that funds will be available from external sources such as debt or equity financings or other potential sources. The lack of additional capital resulting from the inability to generate cash flow from operations or to raise capital from external sources would force the Company to substantially curtail or cease operations and would, therefore, have a material adverse effect on its business. Furthermore, there can be no assurance that any such required funds, if available, will be available on attractive terms or that they will not have a significant dilutive effect on the Companys existing stockholders. The accompanying financial statements do not include any adjustments related to the recoverability or classification of asset-carrying amounts or the amounts and classification of liabilities that may result should the Company be unable to continue as a going concern. |
| Newly Issued Accounting Pronouncements | 9 Months Ended |
| Apr. 30, 2016 | |
| Accounting Changes and Error Corrections [Abstract] | |
| Newly Issued Accounting Pronouncements | NOTE 5 - NEWLY ISSUED ACCOUNTING PRONOUNCEMENTS: No new accounting standards have been adopted since the Companys Annual Report on Form 10-K for the fiscal year ended July 31, 2015 was filed. |
| Common Shares | 9 Months Ended |
| Apr. 30, 2016 | |
| Common Shares | |
| Common Shares | NOTE 6 - COMMON SHARES: On February 16,2016, the Board of Directors of the Company and the holder of a majority of the issued and outstanding shares of common stock of the Company (the "Majority Consenting Stockholder"), together, executed a joint written consent to authorize and approve a Certificate of Amendment to the Company's Articles of Incorporation to increase the authorized capital stock of the Company from 505,000,000 shares (the "Capital Stock"), consisting of 500,000,000 shares of common stock, par value $0.0001 (the "Common Stock") and 5,000,000 shares of preferred stock,par value $0.0001 (the "Preferred Stock"), to an authorized capital stock of the Corporation of 2,005,000,000 shares consisting of 2,000,000,000 shares of Common Stock and five million 5,000,000 shares of Preferred Stock. It was also decided that the Board of Directors shall have the authority to establish one or more series of Preferred Stock and fix relative rights and preferences of any series of Preferred Stock, without any further action or approval of our stockholders. On April 14, 2014 the Board of Directors of the Company approved the issuance of 270,000,000 restricted shares of common stock of the Company to Avraham Bengio, Company's a majority of the issued and outstanding shares of common stock of the Company and its Sole Director, CEO and CFO in consideration for the conversion of $270,000 loan granted to the Company. In addition, the Board of Directors of the Company has also decided to issue to Avraham Bengio, 120,000,000 restricted shares of the Company, as compensation for services in the amount of $120,000. In addition, the Board of Directors of the Company approved the grant of 200,000 restricted shares of the Company to a service provider as compensation for consulting services in the amount of $200. The Board of Directors of the Company has also approved on April 14, 2016 the issuance of 150,000,000 restricted shares under a subscription agreement with investors for total consideration of $150,000 . The amounts for such subscription are receivable within sixty days. |
| Long Term Loan | 9 Months Ended |
| Apr. 30, 2016 | |
| Long Term Loan | |
| Long Term Loan | NOTE 7 - LONG TERM LOAN: On February 28,2016, Bengio and TCSM INC signed a loan agreement according to which TCSM would grant the Company a loan of up to $256,016(NIS 1,000,000) in two installments of which $132,943 (NIS 500,000) was received as of the balance sheet date. According to the agreements TCSM and the Company had the right to reduce the loan amount of the second instalment by 50% so that the total loan amount will not exceed NIS 750,000. The loan bears interest at an annual rate of 25%. The principal and interest will be repaid at March 1, 2019. On February 28, 2016 TCSM INC assigned its rights in the above loan agreement to a third party. The loan is secured by Avraham Bengio, the Company's majority holder of the issued and outstanding shares of common stock and its Sole Director, CEO and CFO in an amount of up to $172,826 (NIS 650,000). |
| Common Shares (Narrative) (Details) - USD ($) | Apr. 14, 2016 | Apr. 14, 2014 | Apr. 30, 2016 | Apr. 30, 2015 | Feb. 16, 2016 | Feb. 15, 2016 | Jul. 31, 2015 |
| Authorized capital stock, shares | 2,005,000,000 | 505,000,000 | |||||
| Common stock, shares authorized | 2,000,000,000 | 2,000,000,000 | 500,000,000 | 500,000,000 | |||
| Common stock, par value per share | $ 0.0001 | $ 0.0001 | $ 0.0001 | ||||
| Preferred stock, shares authorized | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | |||
| Preferred stock, par value per share | $ 0.0001 | $ 0.0001 | $ 0.0001 | ||||
| Stock issued for conversion of loan, shares | |||||||
| Stock issued for conversion of loan, value | $ 270,000 | ||||||
| Stock issued for compensation of services, value | $ 120,200 | ||||||
| Stock issued for subscription agreement, value | |||||||
| Restricted Common Stock | Subscription Agreement With Investors | |||||||
| Stock issued for subscription agreement, shares | 150,000,000 | ||||||
| Stock issued for subscription agreement, value | $ 150,000 | ||||||
| Restricted Common Stock | Service Provider | |||||||
| Stock issued for compensation of services, shares | 200,000 | ||||||
| Stock issued for compensation of services, value | $ 200 | ||||||
| Restricted Common Stock | Avraham Bengio - Majority Shareholder, Sole Director, CEO And CFO Of The Company | |||||||
| Stock issued for conversion of loan, shares | 270,000,000 | ||||||
| Stock issued for conversion of loan, value | $ 270,000 | ||||||
| Stock issued for compensation of services, shares | 120,000,000 | ||||||
| Stock issued for compensation of services, value | $ 120,000 |
| Long Term Loan (Narrative) (Details) | Feb. 28, 2016USD ($) | Apr. 30, 2016USD ($) | Apr. 30, 2016ILS (₪) | Apr. 30, 2016USD ($) | Apr. 30, 2015USD ($) | Feb. 28, 2016ILS (₪) |
| Debt Instrument [Line Items] | ||||||
| Proceed from long term loan | $ 132,943 | |||||
| Bengio Urban Renewals Ltd [Member] | Loan Agreement With TCSM INC [Member] | ||||||
| Debt Instrument [Line Items] | ||||||
| Loan face amount | $ 256,016 | |||||
| Proceed from long term loan | $ 132,943 | |||||
| Loan description | According to the agreements TCSM and the Company had the right to reduce the loan amount of the second instalment by 50% so that the total loan amount will not exceed NIS 750,000. On February 28, 2016 TCSM INC assigned its rights in the above loan agreement to a third party. The loan is secured by Avraham Bengio, the Company's majority holder of the issued and outstanding shares of common stock and its Sole Director, CEO and CFO in an amount of up to $172,826 (NIS 650,000). | |||||
| Debt instrument interest rate | 25.00% | |||||
| Debt instrument maturity date | Mar. 1, 2019 | |||||
| Bengio Urban Renewals Ltd [Member] | Loan Agreement With TCSM INC [Member] | NIS | ||||||
| Debt Instrument [Line Items] | ||||||
| Loan face amount | ₪ | ₪ 1,000,000 | |||||
| Proceed from long term loan | ₪ | ₪ 500,000 |
