HomeInsideSilicon Valley based investors Shaan Varia and Yousef Yacoub joins SpaceBasic board

Silicon Valley based investors Shaan Varia and Yousef Yacoub joins SpaceBasic board

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SpaceBasic, an AI-enabled digital data platform to automate everyday tasks and simplify communication within educational institutions and their student housing communities, has onboarded Shaan Varia and Yousef Yacoub as a part of its board of advisors.

Shaan Varia is the Product Head at Gauntlet Network and has previously worked as the Engineering Lead at Google Inc. Yousef Yacoub is a seasoned industry professional and early employee at Apple Inc and Sun Microsystems. 

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SpaceBasic was founded in 2017 by Madhavi Shankar and Silicon Valley-based serial entrepreneur Indu Navar to help educational institutions to automate everyday tasks and communication within their hostels and student housing communities.

Commenting on the board appointment, Madhavi Shankar, CEO, and Co-Founder, SpaceBasic, said “We are excited to welcome Shaan and Yousef to be a part of the team. Shaan’s understanding of AI in education and Yousef’s experience in building products will be of tremendous value to strengthen our tech capabilities and enhance our product. We are pleased with the further validation of our business model and I look forward to working with them to accelerate our next phase of growth and enable us to establish a strong foothold in  existing markets” 

Yousef Yacoub, said “I believe that SpaceBasic is addressing a large unmet need in the market with its strong technology product that is changing the way student housing and hostels are managed in India. In addition to this, SpaceBasic provides a tremendous opportunity for students to have access to global companies for internships, mentorship, and knowledge exchange opportunities. Within a short period, the team has shown great potential to capture an increasing market share in this category. I am happy to be supporting them in their mission to digitally transform the student housing experience” 

Adding to this Shaan Varia, said “SpaceBasic is in an exciting position right at the cusp of digitization in India and is well equipped to bring novel uses of AI/ML to the education space. The team has done a great job of growing their user base and delivering tangible value not just to students, but also to the School Administrations they partner with. I am confident in the team’s ability to execute and drive forward their mission.”

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Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.
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