May6 , 2026

    MYCRANE trading secures USD 50 million investment to expand crane sales and leasing in Gulf region

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    MYCRANE Trading, a newly launched crane sales, leasing, and maintenance services provider based in Jebel Ali Free Zone, has announced the successful closure of a USD 50 million investment deal with a DIFC-based investment holding company.

    A strategic partner of MYCRANE – the world’s first global online platform for crane rental – MYCRANE Trading will merge physical inventory with digital reach to deliver integrated sales and rental solutions across the Gulf region. The joint portfolio will include all terrain, crawler, rough terrain, and tower cranes, each supplied with certified inspection and safety reports.

    “With MYCRANE Trading as a key partner, we can instantly connect sellers with thousands of fleet-owning users on our rental platform, many of whom have urgent purchase needs,” said Andrei Geikalo, Founder of MYCRANE and CEO of MYCRANE Trading. “Whether purchasing locally or internationally, customers can be assured of genuine machines at the best possible prices, backed by expert sourcing, rigorous checks, and dedicated service.”

    The new business will tap into MYCRANE’s global network of buyers and sellers, along with market data and digital capabilities, to offer competitive and transparent crane sales. While serving customers worldwide, MYCRANE Trading will prioritise the Middle East, Africa, CIS, and Asia markets.

    The management team includes Sudheesh Mohan as Head of Sales and Marketing, and Mina Asham as Head of Tower Cranes, both based in the UAE. “Every crane is carefully sourced, with full documentation and inspection, giving customers trusted access to verified equipment at competitive prices,” added MYCRANE Sales Director, Ashishkumar Tiwari.

    This partnership marks another milestone in MYCRANE’s growth trajectory, following international expansion, new platform features, and three industry award wins in 2025.

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