Fast-growing MYCRANE Wins Startup of the Year Award in Construction

07 May 2025 CW Team

MYCRANE, the first global platform for online crane rental, has been named Startup of the Year at the Construction Technology Awards, held on May 1 in Dubai.

The annual awards celebrate the most impactful digital transformation in the built environment across the Middle East and Africa, with entries evaluated for innovation, traction, scalability and benefit realisation.

MYCRANE received the award in recognition of its success in modernising the crane rental industry, delivering a platform that streamlines the procurement of lifting equipment and improves outcomes for both customers and equipment providers. It acknowledges the strength of the testimonials supplied by MYCRANE’s global users and equipment suppliers.

“This award affirms our commitment to introducing digital innovation in a sector that is now embracing new, more efficient ways of working,” said Andrei Geikalo, founder and CEO of MYCRANE. “By providing a smart, efficient and transparent way to source cranes online, we are helping companies complete their projects faster, more cost-effectively and with less environmental impact.”

Founded in 2021, MYCRANE is headquartered in Dubai with regional operations in India, Saudi Arabia and the USA. Since launch, the platform has attracted more than 1,700 registered crane rental companies offering in excess of 14,000 cranes—giving customers access to what is effectively the largest crane fleet in the world.

MYCRANE clients can easily submit details of their lifting requirements via the platform to receive personalised quotes from verified suppliers, avoiding the need for multiple manual enquiries. The company also operates an online Marketplace for buying and selling new and used lifting equipment.

MYCRANE’s success at the 2025 CTF Awards places the company firmly among the construction industry’s most forward-thinking innovators. The event recognised a host of high-profile names across its shortlist and winners' list, including NEOM, Nesma & Partners, Saudi Binladin Group, El Seif Engineering Contracting Company, Dubai Municipality, Trojan Construction, and AtkinsRéalis—highlighting the calibre of companies MYCRANE is now proudly ranked alongside.

The CTF Startup of the Year Award adds to a growing list of honours for MYCRANE, which was also recognised earlier this year with the Global Platform for Innovative Online Crane Rental prize at India’s EPC World Awards.

MYCRANE, the first global platform for online crane rental, has been named Startup of the Year at the Construction Technology Awards, held on May 1 in Dubai. The annual awards celebrate the most impactful digital transformation in the built environment across the Middle East and Africa, with entries evaluated for innovation, traction, scalability and benefit realisation. MYCRANE received the award in recognition of its success in modernising the crane rental industry, delivering a platform that streamlines the procurement of lifting equipment and improves outcomes for both customers and equipment providers. It acknowledges the strength of the testimonials supplied by MYCRANE’s global users and equipment suppliers. “This award affirms our commitment to introducing digital innovation in a sector that is now embracing new, more efficient ways of working,” said Andrei Geikalo, founder and CEO of MYCRANE. “By providing a smart, efficient and transparent way to source cranes online, we are helping companies complete their projects faster, more cost-effectively and with less environmental impact.” Founded in 2021, MYCRANE is headquartered in Dubai with regional operations in India, Saudi Arabia and the USA. Since launch, the platform has attracted more than 1,700 registered crane rental companies offering in excess of 14,000 cranes—giving customers access to what is effectively the largest crane fleet in the world. MYCRANE clients can easily submit details of their lifting requirements via the platform to receive personalised quotes from verified suppliers, avoiding the need for multiple manual enquiries. The company also operates an online Marketplace for buying and selling new and used lifting equipment. MYCRANE’s success at the 2025 CTF Awards places the company firmly among the construction industry’s most forward-thinking innovators. The event recognised a host of high-profile names across its shortlist and winners' list, including NEOM, Nesma & Partners, Saudi Binladin Group, El Seif Engineering Contracting Company, Dubai Municipality, Trojan Construction, and AtkinsRéalis—highlighting the calibre of companies MYCRANE is now proudly ranked alongside. The CTF Startup of the Year Award adds to a growing list of honours for MYCRANE, which was also recognised earlier this year with the Global Platform for Innovative Online Crane Rental prize at India’s EPC World Awards.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Building Material

11 Dec 2025

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Building Material

11 Dec 2025

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..