About Spiro
Spiro is a Transportation, Automotive & Logistics company based in Nairobi (Kenya) founded in 2019 by Mansoor Ali Khan Al Buhari. Spiro is focused on sustainable electric mobility solutions in Africa. It operates on a Mobility-as-a-Service and Direct-to-Consumer (D2C) model. Spiro has raised $390 million across 10 funding rounds from investors including Société Générale, Afreximbank and European Union. Its chief executive, as recorded, is Kaushik Burman. Its website spironet.com draws about 47 thousand monthly visits. Its Indian entity Mobilite Smart Solutions India Private Limited reported revenue of ₹1.9 Lakh. Spiro offers products and services including EKON 450M1, Battery Swapping Technology, and Spiro IoT. Its focus areas include Automotive, Electric Vehicles, Electric Motorbikes and Energy. Its competitors include Mazi Mobility, DominionEV and HANLIN AFRICA.
Company details
Spiro is engaged in providing innovative electric transportation solutions across Africa, aimed at transforming urban mobility. The company operates in the electric vehicle sector, specializing in motorbikes and battery-swapping technology. Solutions are designed to reduce carbon emissions and promote a cleaner environment. Operations span multiple countries, with a focus on community empowerment through job creation and local entrepreneurship. Advanced technology, including proprietary apps and IoT, is integrated to enhance accessibility and convenience for users. Commitment to sustainability is reflected in efforts to support renewable energy and responsible battery recycling practices.
- Headquarters Nairobi, Kenya
- Founders Mansoor Ali Khan Al Buhari
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles · Motorcycles
- Email••••••••
- Phone•••• ••••
- Website spironet.com
- Social LinkedIn X Facebook
- Legal Name Mobilite Smart Solutions India Private Limited
- Date of Incorporation 13 Dec, 2022
- Jurisdiction Delhi, India
- Indian entity revenue₹1.9 Lakh
FY 2023
- Indian entity net loss-₹29,867
FY 2023 · -16% margin
- Indian entity EBITDA₹9,595
FY 2023 · 5% margin
- Total Equity Funding$390M (USD)
in 10 rounds
- Latest Funding Round$18M (USD), Debt – Conventional
Sep 2026
- InvestorsSociété Générale
& 8 more
Associated legal entities of Spiro
Spiro operates through Mobilite Smart Solutions India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mobilite Smart Solutions India Private Limited CIN U62013DL2022PTC408281 | Active | 13 Dec 2022 | Delhi, Delhi | ₹0.0 Cr | 26 | 2 | View details |
Products & Services of Spiro
Spiro offers a comprehensive portfolio of products and services, including EKON 450M1, Battery Swapping Technology, and Spiro IoT.
Electric motorbike designed for speed and comfort in mobility.
Automated battery swaps ensure convenience for electric vehicle users.
IoT solutions are provided for enhanced vehicle connectivity features.
Funding Insights of Spiro
Spiro has successfully raised a total of $390M across 10 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $18 million completed in September 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $390M
- Total Rounds 10
- Last Round Debt – Conventional — $18M
- First Round $110,625
(Jan 2019)
- Investors Count 9
All 10 funding rounds of Spiro with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2026 | $18M | Debt – Conventional | – | – | |
| Jun 2026 | $55M | Series E | – | – | – |
| Jun 2026 | $215M | Series E | – | – | |
| Feb 2026 | $50M | Debt – Conventional | – | – | |
| Feb 2026 | $7M | Debt – Conventional | – | – | |
| Oct 2025 | $100M | Series D | – | FEDA | – |
| May 2024 | $50M | Debt – Conventional | – | – | |
| Aug 2023 | $63M | Debt – Conventional | – | – | |
| May 2022 | $20M | Series C | – | – | |
| Jan 2019 | $110,625 | Grant | – | – |
9 investors in total: 9 institutional.
Investors in Spiro
Spiro has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Société Générale, Afreximbank and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| fedagroup.org | ||||
| agg-fund.com | ||||
| impactfund.dk | ||||
| atif.net | ||||
Trade finance and commercial banking services are provided across Africa. | 1993 | afreximbank.com | Cairo, Egypt | |
Full-service corporate advisory is provided to global clients. | 1864 | societegenerale.com | Paris, France | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
| nithio.com | ||||
| equitane.com |
Investor details for Spiro
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Mobilite Smart Solutions India Private Limited (Spiro)
Mobilite Smart Solutions India Private Limited is the primary company behind Spiro. The board of Mobilite Smart Solutions India Private Limited currently have 2 directors; the longest-serving is Yogesh Suresh Dipankar, appointed in 2023. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yogesh Suresh Dipankar DIN 10380711 | Director | 15 Nov 2023 | 2 yrs 11 mo | Mobilite Smart Solutions India Private Limited |
| Prateek Bhamri DIN 11238427 | Director | 12 Aug 2025 | 1 yr 2 mo | Mobilite Smart Solutions India Private Limited |
People of Spiro
2 people are tracked at Spiro (2 in leadership).
| Name | Role | Group |
|---|---|---|
Mansoor Ali Khan Al Buhari | Founder | Leadership |
Kaushik Burman | CEO | Leadership |
Complete people profiles for Spiro
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Spiro
Figures of Mobilite Smart Solutions India Private Limited, the primary company behind Spiro, for FY 2023. Revenue was ₹1.9 Lakh. Net loss was -₹29,867 (-16% margin). EBITDA was ₹9,595 (5% margin).
- ₹1.9 LakhRevenue · FY 2023
- -₹29,867Net loss · -16% margin
- ₹9,595EBITDA · 5% margin
- ₹10,000Paid-up capital
- 26Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Mobilite Smart Solutions India Private Limited are on its company page.
Detailed financial statements for Spiro
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Spiro
3 dated milestones of Spiro across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Spiro is founded.
- Funding First funding round of $111K.
- Funding Latest funding round, Debt – Conventional, of $18.0M.
Competitors of Spiro
Spiro has 3 listed competitors in our database. They include Mazi Mobility, DominionEV and HANLIN AFRICA.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mazimobility.com | 2020 | Nairobi, Kenya | Multi-category electric vehicle mobility solutions are provided. | |||
| dominion-ev.com | 2021 | Nairobi, Kenya | Produces high-quality electric motorcycles. | |||
| hanlinafrica.com | 2023 | Nairobi, Kenya | Manufactures high-quality electric two-wheelers for sustainable urban mobility. |
Detailed competitors of Spiro
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
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Web traffic of Spiro
The website of Spiro (spironet.com) receives about 46.8K visits a month and ranks #807,806 among all websites worldwide, #1,800 in Motorcycles.
- Monthly visits46.8K
▲ 22.5% vs previous month
- Unique visitors16.1K
per month
- Global rank#807,806
among all websites
- Category rank#1,800
Vehicles · Motorcycles
- Bounce rate41%
- Pages per visit2.0
- Average visit28 sec
- DevicesDesktop 38% · Mobile 62%
Websites whose visitors overlap most with Spiro. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
cleanrider.com | cleanrider.com | 100% | #180,269 | – | |
newmotorz.com | newmotorz.com | 45% | #1,139,484 | – | |
| spiro.ai | 39% | 18.4K | #1,155,795 | View details | |
spiro.media | spiro.media | 34% | #156,561 | – | |
matinlibre.com | matinlibre.com | 32% | #2,495,657 | – |
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Related news about Spiro
Complete news archive for Spiro
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Frequently Asked Questions about Spiro
Spiro was founded in 2019.
Spiro is headquartered in Nairobi, Kenya.
Kaushik Burman is the CEO of Spiro, as recorded in our data.
Spiro is a funded company, having raised a total of $390M across 10 funding rounds to date. The company's 1st funding round was a Grant of $110.63K, raised on Jan 2019.
The primary company behind Spiro, Mobilite Smart Solutions India Private Limited, reported revenue of ₹1.9 Lakh for FY 2023.
Spiro is engaged in providing innovative electric transportation solutions across Africa, aimed at transforming urban mobility. The company operates in the electric vehicle sector, specializing in motorbikes and battery-swapping technology. Solutions are designed to reduce carbon emissions and promote a cleaner environment. Operations span multiple countries, with a focus on community empowerment through job creation and local entrepreneurship. Advanced technology, including proprietary apps and IoT, is integrated to enhance accessibility and convenience for users. Commitment to sustainability is reflected in efforts to support renewable energy and responsible battery recycling practices.
Spiro's top competitors include Mazi Mobility, DominionEV and HANLIN AFRICA.
Spiro offers EKON 450M1, Battery Swapping Technology, and Spiro IoT.
Spiro has 9 investors. Key investors include Société Générale, Afreximbank, European Union, FEDA, and Nithio.
Spiro operates through Mobilite Smart Solutions India Private Limited.
The legal entities of Spiro currently have 2 directors, including Prateek Bhamri, Yogesh Suresh Dipankar.