The leadership of the Kaushik Burman, the previously served CEO come to an end as Spiro one of the largest Africa’s biggest electric motorcycle and battery-swapping startups appointed new group ceo shortly after the company secured a $215 million equity investment to aid its next growth phase.
The leadership of the Kaushik Burman, the previously served CEO come to an end as Spiro one of the largest Africa’s biggest electric motorcycle and battery-swapping startups appointed new group ceo shortly after the company secured a $215 million equity investment to aid its next growth phase.
The firm has appointed the former indofast Energy chief excutive Anant Badjatya as its new group CEO. Badjatya brings extensive battery-swapping experience to lead the company’s continental expansion into energy infrastructure, manufacturing, and battery operations.
The appointment followed days after Spiro announced a $215 million equity raises, one of the largest disclosed investments in Africa’s electric mobility sector as the new capital expected to aid the expansion of Spiro’s operation and future growth initiatives across the continent.
As part of the company’s restructuring, former CEO Kaushik Burman has been appointed to lead the mobility services division. In this role, he will oversee key business segments including fleet operations, electric vehicle deployment, battery subscription services, and rider leasing.
Badjatya join Spiro from indofast energy, a joint venture between IndianOil-Adani Gas Pvt. Ltd. and SUN Mobility where he managed a network of more than 1,800 battery-swapping stations serving approximately 90,000 vehicles every day.
This leadership transition coincides with Spiro’s ongoing expansion across Africa. Currently operating in seven nations including Kenya, Rwanda, Uganda, and Nigeria Spiro has deployed over 100,000 electric motorcycles and built a network of more than 2,500 battery-swapping stations.
By recruiting from India one of the world’s most mature battery-swapping ecosystems Spiro gains critical expertise just as African EV companies race to scale infrastructure and turn investor enthusiasm into viable business models.
According to founder and chairman Gagan Gupta, the incoming CEO will drive the company’s strategic priorities, focusing on expanding investments in energy infrastructure, logistics, and vehicle manufacturing.
Expressing his enthusiasm for the role, Badjatya noted that Africa stands as the most compelling frontier for electric transport. He highlighted Spiro’s unique platform and its strong position to accelerate clean, accessible mobility across the continent, adding that he looks forward to collaborating with teams and partners to deliver high-impact growth.
The appointment underscores Spiro’s commitment to reinforcing its executive team as it scales for the next phase of growth in Africa’s booming electric mobility market.
