Mycrane and Equip9 Join Forces to Drive Innovation in Crane Rental
Excon

Mycrane and Equip9 Join Forces to Drive Innovation in Crane Rental

In a groundbreaking move, online crane rental platform Mycrane and AI-enabled start-up Equip9 signed a Memorandum of Understanding (MOU) at Excon, South Asia’s largest construction equipment event in Bengaluru, India. The collaboration aims to propel technical and commercial projects, with a strong focus on leveraging artificial intelligence (AI) for recommendation and selection models in the crane rental and heavy equipment sector.

Mycrane, known for developing the world's first online crane rental platform in 2021, revolutionised the industry by introducing a uniform quotation system, streamlining the process of hiring cranes. Equip9, based in Pune, India, has gained recognition with its comprehensive app catering to over 30,000 registered users, spanning industry professionals such as operators, mechanics, rental equipment and owners, resellers, virtual dealerships, suppliers, financiers, and e-learning entities.

The collaboration between the firms will explore the application of AI to enhance recommendation and selection models, with a specific focus on identifying the most suitable lifting equipment and rental providers. This initiative aligns with the shared vision of both companies to drive digitalisation in the construction sector, improving efficiency, sustainability, and reducing waste.

Under the terms of the MOU, Mycrane will play a pivotal role in supporting Equip9's expansion beyond India, particularly in the Middle East. In return, Equip9 will assist Mycrane in strengthening its presence in the Indian market. Mycrane recently announced its wholly-owned operations in India in September 2023, marking a significant step in its strategic growth plan.

Andrei Geikalo, CEO and founder, Mycrane emphasised the shared commitment to advancing the construction sector through digitalisation, stating, "With this agreement, we are establishing a formal basis of collaboration to better assist our customers, providing them with the best digital tools to help them work more efficiently while increasing sustainability and reducing waste at the same time."

Gaurav Bhushan, founder, Equip9, highlighted the potential for innovation and sustainable growth through collaboration among start-ups. He stated, "A faster search with the Equip9 app and the dedicated crane rental platform of Mycrane will make the construction and heavy equipment business easy."

The partnership between Mycrane and Equip9 reflects a strategic synergy aimed at driving innovation, efficiency, and accessibility within the crane rental and heavy equipment industry. The combined expertise of the two companies is set to reshape the landscape of digital solutions in the construction sector.

In a groundbreaking move, online crane rental platform Mycrane and AI-enabled start-up Equip9 signed a Memorandum of Understanding (MOU) at Excon, South Asia’s largest construction equipment event in Bengaluru, India. The collaboration aims to propel technical and commercial projects, with a strong focus on leveraging artificial intelligence (AI) for recommendation and selection models in the crane rental and heavy equipment sector.Mycrane, known for developing the world's first online crane rental platform in 2021, revolutionised the industry by introducing a uniform quotation system, streamlining the process of hiring cranes. Equip9, based in Pune, India, has gained recognition with its comprehensive app catering to over 30,000 registered users, spanning industry professionals such as operators, mechanics, rental equipment and owners, resellers, virtual dealerships, suppliers, financiers, and e-learning entities.The collaboration between the firms will explore the application of AI to enhance recommendation and selection models, with a specific focus on identifying the most suitable lifting equipment and rental providers. This initiative aligns with the shared vision of both companies to drive digitalisation in the construction sector, improving efficiency, sustainability, and reducing waste.Under the terms of the MOU, Mycrane will play a pivotal role in supporting Equip9's expansion beyond India, particularly in the Middle East. In return, Equip9 will assist Mycrane in strengthening its presence in the Indian market. Mycrane recently announced its wholly-owned operations in India in September 2023, marking a significant step in its strategic growth plan.Andrei Geikalo, CEO and founder, Mycrane emphasised the shared commitment to advancing the construction sector through digitalisation, stating, With this agreement, we are establishing a formal basis of collaboration to better assist our customers, providing them with the best digital tools to help them work more efficiently while increasing sustainability and reducing waste at the same time.Gaurav Bhushan, founder, Equip9, highlighted the potential for innovation and sustainable growth through collaboration among start-ups. He stated, A faster search with the Equip9 app and the dedicated crane rental platform of Mycrane will make the construction and heavy equipment business easy.The partnership between Mycrane and Equip9 reflects a strategic synergy aimed at driving innovation, efficiency, and accessibility within the crane rental and heavy equipment industry. The combined expertise of the two companies is set to reshape the landscape of digital solutions in the construction sector.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code