Dubai, UAE – MYCRANE Trading., a cranes provider, has secured a USD 50 million investment from a DIFC-based investment holding company to launch operations from its base in Jebel Ali Free Zone.
Formed in partnership with MYCRANE, the new venture will combine physical inventory with digital reach to deliver crane sales and rentals across the Gulf and international markets. The joint portfolio will cover all-terrain, crawler, rough-terrain, and tower cranes, each backed by certified inspection and safety reports.
Mr. Andrei Geikalo, Founder of MYCRANE and CEO of MYCRANE Trading, said, “We’ve seen rising global demand for both new and used cranes, and growing appetite from asset owners to monetize surplus equipment. With MYCRANE Trading as a key partner, we can now respond directly to this demand by instantly connecting sellers with thousands of fleet-owning users on our rental platform.”
MYCRANE Trading will serve customers worldwide, with a strong focus on the Middle East, Africa, CIS, and Asia. The company has appointed Sudheesh Mohan as Head of Sales and Marketing and Mina Asham as Head of Tower Cranes to lead the UAE operations.
The launch builds on MYCRANE’s recent growth, including international expansion, new platform features, and multiple industry awards in 2025.
Founded to simplify crane procurement, MYCRANE’s digital marketplace enables customers to submit lifting requirements and receive quotes directly from registered asset owners, streamlining a process traditionally reliant on manual inquiries. By integrating physical inventory with digital transparency, MYCRANE Trading aims to provide a turnkey solution for crane ownership, leasing, and aftersales support.
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