Spiro has appointed Anant Badjatya, the former chief executive officer of Indofast Energy, as its new Group CEO in a significant leadership restructuring aimed at accelerating its growth across the continent.
The appointment comes shortly after the company secured a $215 million equity investment, one of the largest disclosed funding rounds in Africa’s electric mobility sector.
As part of the leadership changes, Kaushik Burman, who previously served as Spiro’s CEO, will now head the company’s mobility services division. The unit oversees electric vehicle deployment, rider leasing programmes, battery subscription services, and fleet operations.
Badjatya joins Spiro with extensive experience in scaling battery-swapping infrastructure. At Indofast Energy, a joint venture between IndianOil and SUN Mobility, he led the development of a network of more than 1,800 battery-swapping stations that support approximately 90,000 vehicles daily.
Commenting on the appointment, Spiro Founder and Chairman Gagan Gupta said the company is entering a new phase of growth and execution.
“As Spiro is accelerating on its mission to transform mobility across Africa, Anant will consolidate the group’s strategic initiatives and guide the company through its next chapter of growth and execution,” Gupta said
The leadership reorganisation is expected to strengthen the distinction between Spiro’s rider-focused transportation business and its broader ambitions in energy infrastructure, battery-swapping technology, logistics, and vehicle manufacturing.
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The company operates across seven African markets, including Kenya, Rwanda, Uganda, and Nigeria. On June 1, Spiro disclosed that it had deployed more than 100,000 electric motorcycles and established a network of over 2,500 battery-swapping stations across the continent.
Industry observers view Badjatya’s appointment as a strategic move that brings expertise from India, one of the world’s most advanced battery-swapping markets, as African electric mobility firms seek to scale infrastructure and convert rising investor interest into sustainable long-term growth.
Expressing optimism about his new role, Badjatya described Africa as a major growth frontier for electric mobility.
“Africa represents the most exciting frontier for electric mobility. Spiro has built a unique platform and is exceptionally well positioned to accelerate the transition to cleaner and more accessible mobility across the continent. I look forward to working with our teams, partners and stakeholders to drive the next phase of growth and impact,” he said.
