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Spiro, one of Africa’s largest electric motorcycle and battery-swapping startups, has appointed Anant Badjatya, former Indofast Energy chief executive, as its group CEO, in a major leadership shake-up.
Kaushik Burman, who previously served as CEO, will now lead the company’s mobility services business, which manages electric vehicle deployment, rider leasing programmes, battery subscription services and fleet operations, the company told TechCabal.
The move comes days after Spiro announced a $215 million equity raise, one of the largest disclosed investments in Africa’s electric mobility sector. The funding is expected to support the expansion of the company’s battery-swapping network, manufacturing operations and energy infrastructure across the continent.
Badjatya’s appointment adds an executive with experience building battery-swapping networks at scale. He joins from Indofast Energy, a joint venture between IndianOil and SUN Mobility, where he oversaw a network of more than 1,800 battery-swapping stations serving about 90,000 vehicles a day.
