Spiro, a leading African electric mobility company, has appointed former Indofast Energy CEO Anant Badjatya as its new Group Chief Executive Officer.
Under the new leadership arrangement, former CEO Kaushik Burman is expected to oversee the company’s mobility services division, which is responsible for electric vehicle deployment, rider leasing programmes, battery subscription services and fleet management operations.
The executive changes come shortly after Spiro secured $215 million in equity funding, one of the largest publicly disclosed investments in Africa’s electric mobility industry. The investment is expected to accelerate the company’s expansion plans, including the growth of its battery-swapping network, manufacturing capacity and energy infrastructure across African markets.
With a proven track record in expanding large-scale battery-swapping networks, Badjatya brings significant industry experience to Spiro. At Indofast Energy, a collaboration between IndianOil and SUN Mobility, he oversaw the development of over 1,800 swapping stations, which collectively supported around 90,000 vehicle transactions per day.
“As Spiro is accelerating on its mission to transform mobility across Africa through clean, affordable and accessible electric transportation solutions, Anant will consolidate the Group’s strategic initiatives and guide the company through its next chapter of growth and execution in mobility, energy and tech,” said Gagan Gupta, Founder and Chairman of Spiro.
Reacting to his appointment, Anant Badjatya said, “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.”
The new leadership structure aligns the company’s operations more effectively by distinguishing its rider-facing mobility services from its broader investments in battery technology, energy infrastructure, logistics and vehicle production.
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