Mumbai, June 9 -- Spiro, an electric mobility company operating in Africa, has announced the appointment of Anant Badjatya as its new Group Chief Executive Officer.

The appointment follows a USD 215 million financing round for the company. Badjatya joins the business from Indofast Energy, a joint venture between IndianOil and SUN Mobility, where he oversaw the development of a network comprising more than 1,800 battery-swapping stations serving nearly 90,000 vehicles daily.

In his new role, Badjatya will manage the group's initiatives across battery swapping, leasing, logistics, energy, and vehicle manufacturing. Concurrently, Kaushik Burman will remain with the company as CEO of Mobility to manage the fleet across Spiro's seven existin...