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Mycrane Trading raises $50m for UAE growth
Gulf Construction
|October 2025
MYCRANE Trading, a newly established crane sales, leasing, and maintenance services provider based in Jebel Ali Free Zone, Dubai, has successfully closed a $50 million investment deal with a DIFC-based investment holding company.
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In partnership with Mycrane, the world's first global platform for online crane rental, Mycrane Trading integrates physical inventory with digital reach to deliver seamless access to crane sales and rentals across the Gulf region. The combined portfolio of both the companies includes all-terrain, crawler, rough-terrain, and tower cranes, each backed by certified inspection and safety reports.
A dedicated management team has been appointed to lead the UAE operations, including Sudheesh Mohan as Head of Sales and Marketing, and Mina Asham as Head of Tower Cranes, both based in Dubai. Ashishkumar Tiwari serves as Sales Director.
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