Fundraising Fox

SpaceBasic

Bengaluru, IN · Founded 2018 · 30 employees on LinkedIn · 1 known investors

SpaceBasic offers a digital campus platform for universities and educational institutions that automates hostel management, cafeteria/mess operations, fee payments, campus access via smart ID cards, and maintenance tracking. It serves educational institutions primarily in India, with IoT integrations and role-based access for students, staff, and wardens.

Also known as SBasic Applications Private Limited

Founders & leadership

SpaceBasic was founded in 2018 by Madhavi Shankar.

MS
Madhavi ShankarCo-founder

Investors · 1

Company profile

researched Aug 2026

SpaceBasic, operated by SBasic Applications Private Limited, provides a unified digital campus platform for universities, schools and other educational institutions. Its product modules cover hostel (student housing) management, mess and cafeteria management, campus management, fee management and multipurpose smart campus IDs, with role-based access spanning students, parents, staff, wardens, security personnel and institutional leadership.

The hostel management module handles digital student onboarding, room allotment, attendance, maintenance ticketing and complaints. The digital cafeteria module includes point-of-sale, menu and meal booking functions plus analytics aimed at reducing food waste. SpaceBasic Pay addresses campus fee collection and reconciliation, advertised with zero processing fees and centralised reporting. Smart IDs function as a digital equivalent of a physical campus card and are positioned as compatible with existing ERP systems. Mobile apps are distributed through the Apple App Store and Google Play.

Business model

Software-as-a-service sold to educational institutions, which deploy the platform across their student housing, dining, payments and access-control operations; the company states institutions can be onboarded in about 30 minutes with on-site setup support. Payments are handled through SpaceBasic Pay, marketed with zero processing fees.

Traction

The company reports more than 100 customer institutions worldwide, over 500,000 daily users and cumulative food savings it values at over 500 crore. Customer-reported outcomes include a 60% reduction in time spent on campus housing management and a 60% reduction in maintenance tickets at Manipal Global Academy of BFSI, up to 50% lower food wastage at Reva University, and maintenance request resolution times falling from 7-10 days to under 3 days at Indus International School.

Full profile — market position, technology, go-to-market, geography

Market position

Positions itself as a leading hostel management software provider for Indian universities. Third-party recognition cited includes inclusion in HolonIQ's 2024 South Asia EdTech 100, coverage by Entrepreneur India, NITI Aayog's 'Innovations for You' coffee table book, and a Forbes Asia 30 Under 30 listing for co-founder Madhavi Shankar. The site also references awards from the Government of India, the Australian Government and the United Nations.

Technology

Cloud platform with integrations into third-party campus software, an omni-channel communication tool for notifications to students and staff, and IoT device integration including face recognition and flap barriers for access control. The company cites AI-driven analytics for cafeteria and operational insights, and security features including role-based access, end-to-end encryption and SSO certification.

Go-to-market

Direct sales to institutions through demo requests scheduled on the company website, supported by customer testimonials and case-study metrics, live chat support and weekly webinars.

Universities, colleges, professional academies and schools with residential hostels and campus dining operations; named users include Manipal Global Academy of BFSI, Reva University, East Point Group and Indus International School, Bengaluru.

Geography

Headquartered at 6, 80 Feet Road, Indiranagar, Bengaluru, Karnataka, India, with a customer base concentrated on Indian educational institutions and a claim of customers worldwide.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Daily usersJan 2026500,000 users
Educational institutions using the platformJan 2026100 institutions
Reduction in food wastage (Reva University)Jan 202650%
Reduction in time spent on campus housing management (Manipal Global Academy of Jan 202660%
Value of food savedJan 2026500Cr+ worth food saved

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
Jan 2024
Co-founder Madhavi Shankar named in Forbes Asia 30 Under 30

Forbes Asia recognised co-founder Madhavi Shankar in its 30 Under 30 list for her work in the ed-tech space on hostel management software.

source ↗

Jan 2024
Featured in NITI Aayog's 'Innovations for You' coffee table book

NITI Aayog's 'Innovations for You' publication highlighted SpaceBasic as a solution digitising hostel administration processes at Indian universities.

source ↗

Jan 2024
Named to QS HolonIQ 2024 South Asia EdTech 100

SpaceBasic was featured in HolonIQ's 2024 South Asia EdTech 100 list for its work digitising hostel and campus management for educational institutions.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does SpaceBasic do?
SpaceBasic is an Indian digital campus platform automating hostel, cafeteria, fee and campus access operations for universities.
Who founded SpaceBasic?
SpaceBasic was founded by Madhavi Shankar in 2018.
Who are SpaceBasic's investors?
SpaceBasic's investors include SucSEED Indovation.
Where is SpaceBasic headquartered?
SpaceBasic is headquartered in Bengaluru, IN.