Spiro Appoints Anant Bajaj, Former IndiaFirst Energy CEO, as Group CEO to Lead Next Growth Phase

Key facts

  • Spiro Appoints Anant Bajaj, Former IndiaFirst Energy CEO, as Group CEO to Lead Next Growth Phase
  • Spiro, an African electric mobility company, has appointed Anant Bajaj, former CEO of IndiaFirst Energy, as Group CEO. This key appointment follows the completion of a $215 million funding round and aims to accelerate expansion across Africa.
  • Source: PR Times
  • Date: June 10, 2026

Direct answer

Spiro, an African electric mobility company, has appointed Anant Bajaj, former CEO of IndiaFirst Energy, as Group CEO. This key appointment follows the completion of a $215 million funding round and aims to accelerate expansion across Africa.

Citation
Spiro Appoints Anant Bajaj, Former IndiaFirst Energy CEO, as Group CEO to Lead Next Growth Phase (June 10, 2026), PR Times
Source
PR Times
Date
June 10, 2026
Spiro, an African electric mobility company, has appointed Anant Bajaj, former CEO of IndiaFirst Energy, as Group CEO. This key appointment follows the completion of a $215 million funding round and aims to accelerate expansion across Africa.
人事NQ 0/100出典:PR Times

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  • 📰 Published: June 10, 2026 at 22:57
  • 🔍 Collected: June 10, 2026 at 14:06
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Spiro, which recently completed a large $215 million funding round, has strengthened its management team for the next phase of expansion across Africa by appointing Anant Bajaj as the company's Group CEO.

Anant Bajaj previously led IndiaFirst Energy, a joint venture between IndianOil and Sun Mobility, where he built one of India's largest battery-swapping networks. This network has over 1,800 stations and serves approximately 90,000 vehicles daily.

DUBAI, United Arab Emirates – June 9, 2026 – Spiro, a leading electric mobility company in Africa, today announced the appointment of Anant Bajaj as Group Chief Executive Officer (CEO).

Mr. Bajaj brings over 20 years of extensive management experience in building and scaling businesses in the electric mobility, energy, and industrial sectors across India, the Middle East, and Africa.

Most recently, he served as CEO of IndiaFirst Energy, a joint venture between IndianOil and Sun Mobility, where he led the creation of one of India's largest battery-swapping networks, comprising over 1,800 stations and servicing approximately 90,000 vehicles per day.

This appointment comes at a critical time, immediately after Spiro successfully raised $215 million, one of the largest investments in the African electric mobility sector.

Spiro is accelerating its mission to transform mobility across Africa, and Mr. Bajaj will oversee a wide range of areas including battery swapping, leasing, logistics, energy, and vehicle manufacturing. Kaushik Barman, CEO of the Mobility division, will further strengthen Spiro's leadership and competitiveness in its existing seven markets and beyond.

Gagan Gupta, Founder and Chairman of Spiro, stated, "As Spiro accelerates its mission to transform mobility across Africa through clean, affordable, and accessible electric vehicle solutions, Anant will strengthen the group's strategic initiatives and guide us through the next phase of growth and execution in mobility, energy, and technology."

Commenting on his appointment, Anant Bajaj said, "Africa is the most promising frontier market 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 the employees, partners, and stakeholders to realize the next phase of growth and impact."

About Spiro

Spiro is Africa's largest electric mobility company, operating the continent's most extensive battery-swapping network for electric two-wheelers. With over 100,000 electric bikes deployed, more than 2,500 battery-swapping stations, and over 30 million battery swaps completed, Spiro is driving the shift from high-cost fossil fuel-based transportation to affordable, accessible, and sustainable mobility solutions. Through the expansion of local production and assembly facilities, Spiro is committed to developing electric vehicles made in Africa, by Africans, for Africa and the world. For more information, please visit the Spiro official website.

Contact:

Flora Limukii

Head of Communications, Spiro

Email: flora.limukii@spironet.com

FAQ

Who is Spiro's new CEO?

Anant Bajaj, former CEO of IndiaFirst Energy, who built one of India's largest battery-swapping networks.

What does Spiro do?

It is Africa's largest electric mobility company, operating the continent's most extensive battery-swapping network for electric two-wheelers.

Why was the CEO appointed now?

The appointment follows Spiro's completion of a $215 million funding round and is part of strengthening management for the next phase of expansion.