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Ebike maker Spiro named among Times 100 influential companies

By Wycliffe Nyamasege
On 30 May 2024 at 03:02

Electric motorbike startup Spiro has been featured among the top 100 most influential companies of 2024 by the Times.

Spiro was named alongside giant car manufacturers Toyota and BMW in the coveted list unveiled on Thursday, May 30, 2024.

Other renowned firms on the list include Microsoft, Google, Rappi, Huawei, Amazon, Airbus, Tata Group, OpenAI, Pfizer, and Bank of America.

Kenya’s asset financing platform M-Kopa and Food4Education, which supplies subsidized nutritious meals to primary school children, also made the list.

The Time 100 Most Influential Companies list celebrates businesses making extraordinary contributions in their fields, shaping the future of industries and society.

Spiro

Founded in 2019, Spiro launched in Togo and Benin in 2022, followed by Kenya, Rwanda, Uganda, and Africa’s most populous country, Nigeria, last year.

In Uganda, the e-bike and battery swapping provider has partnered with the government to replace its emission-heavy moto taxi fleet, known as boda-bodas, with electric two-wheelers.

Spiro bets on commuters’ needs in populous African cities to double its fleet of 14,000 electric bikes by the end of 2024.

Commenting on the Time’s recognition, Kaushik Burman, CEO of Spiro, said, "This recognition for Spiro in the Time 100 list is humbling and will catalyze our efforts to demonstrate our ability to innovate and deploy affordable mobility to customers, thereby fostering financial inclusion and empowering the lives of our customers and communities."

Anish Jain, Group CEO of Equitane, Spiro’s holding company, added, "This accolade underscores the innovative work we are doing in Africa and beyond. We are committed to expanding our services and infrastructure to support the growing demand for sustainable transportation options."


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