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Spiro (company)
Spiro (formerly MAuto) is an African electric vehicle (EV) company headquartered in Nairobi, Kenya, and founded in 2019 with backing from Gagan Gupta's Equitane Group. The company specializes in electric motorbikes and battery swapping infrastructure. As of 2025, Spiro operates across six African countries: Togo, Benin, Rwanda, Kenya, Uganda and Nigeria, with a mission to reduce the continent's fossil fuel dependency. The CEO of the company is Kaushik Burman. Product Spiro’s bikes have a range of 75 to 90 km depending on the usage and the model of the motorbike. The EV bikes use batteries that take up to four hours to be charged. Spiro's battery swapping model provides riders with access to swap stations - fast and slow chargers - and home charging options. Spiro allows its users with no traditional banking access to pay with MTN Mobile Money (MoMo card) in countries like Rwanda. History and funding Founded in 2019, Spiro received initial funding of USD 85 million from Eq ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Benin
Benin, officially the Republic of Benin, is a country in West Africa. It was formerly known as Dahomey. It is bordered by Togo to the west, Nigeria to the east, Burkina Faso to the north-west, and Niger to the north-east. The majority of its population lives on the southern coastline of the Bight of Benin, part of the Gulf of Guinea in the northernmost tropical portion of the Atlantic Ocean. The capital is Porto-Novo, and the seat of government is in Cotonou, the most populous city and economic capital. Benin covers an area of , and its population in was estimated to be approximately million. It is a tropical country with an economy heavily dependent on agriculture and is an exporter of palm oil and cotton. From the 17th to the 19th century, political entities in the area included the Kingdom of Dahomey, the city-state of Porto-Novo#History, Porto Novo, and other states to the north. This region was referred to as the Slave Coast of West Africa from the early 17th century due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |