Spiro Appoints Former Indofast Energy Chief Anant Badjatya as Group CEO to Drive Pan-African Expansion
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Africa’s leading electric mobility company, Spiro, has announced the appointment of former Indofast Energy chief executive, Anant Badjatya, as its new Group Chief Executive Officer as the company intensifies efforts to expand its footprint across the continent.
The appointment comes on the heels of Spiro’s landmark US$215 million equity raise, one of the largest investments ever secured in Africa’s electric mobility sector, positioning the company for a new phase of growth across mobility, energy and technology.
In a statement issued on Monday, the Dubai-based company said Badjatya brings more than 20 years of leadership experience spanning India, the Middle East and Africa, where he has built and scaled businesses in the electric mobility, energy and industrial sectors.
Prior to joining Spiro, Badjatya served as Chief Executive Officer of Indofast Energy, the joint venture between IndianOil and SUN Mobility.
During his tenure, he oversaw the development of one of India’s largest battery-swapping ecosystems, establishing more than 1,800 stations that support approximately 90,000 vehicles every day.
Spiro said his appointment marks a strategic move as the company accelerates its ambition to revolutionise transportation across Africa through cleaner and more affordable mobility solutions.
As Group CEO, Badjatya will oversee a broad portfolio encompassing battery swapping, vehicle leasing, logistics, energy solutions and vehicle manufacturing.
Meanwhile, Kaushik Burman will continue in his role as CEO Mobility, with responsibility for strengthening Spiro’s market leadership and expanding its fleet operations across the company’s seven existing African markets and beyond.
Commenting on the appointment, Spiro Founder and Chairman, Gagan Gupta, expressed confidence in Badjatya’s ability to steer the company through its next stage of development.
According to Gupta, as Spiro advances its mission of delivering clean, affordable and accessible transportation across Africa, the new Group CEO will consolidate the company’s strategic initiatives and guide its next chapter of growth and operational execution across mobility, energy and technology.
Badjatya described Africa as one of the most promising frontiers for electric mobility, noting that Spiro has established a distinctive platform with enormous potential to accelerate the transition to sustainable transportation on the continent.
He said he was excited to work closely with the company’s teams, partners and stakeholders to deliver the next phase of growth and deepen the impact of electric mobility solutions across Africa.
Spiro has emerged as the continent’s largest electric mobility company and currently operates Africa’s most extensive battery-swapping network for electric two-wheelers.
The company said it has deployed more than 100,000 electric motorcycles, established over 2,500 battery-swapping stations and completed more than 30 million battery swaps.
The company added that through its expanding manufacturing and assembly operations, it remains committed to producing electric vehicles in Africa by Africans, not only for the continent but also for the global market.
With fresh capital and a strengthened leadership team, Spiro is positioning itself to play a leading role in Africa’s transition from fossil-fuel-powered transport to cleaner and more sustainable mobility systems.
