MYCRANE invests in India as expansion continues
Online crane rental platform MYCRANE announced the launch of wholly-owned operations in India on day one of the Conex construction trade show, currently taking place in Gandhinagar, Gujarat (September 21-23).
Substantial investment from a Series A round has facilitated a global rollout of MYCRANE, which uses tech solutions to drive efficiency in the wider construction sector. Its most well-known tool is the world¢â‚¬â„¢s first online crane rental service, accessible at www.my-crane.com.
Operations in India will be handled by MYCRANE¢â‚¬â„¢s experienced local partners Rajiv Waichal, based in Pune, Maharashtra, and Ganesh M. Patil, who is located in Surat, Gujarat. Pan-India expansion will follow in the coming months.
MYCRANE founder and CEO Andrei Geikalo, said: ¢â‚¬Å“India is forecast to be one of the fastest growing large economies in 2023, and for the next five years. Whether it¢â‚¬â„¢s a record order of new aircraft from Airbus and Boeing, new semi-conductor facilities being built in Gujarat or countless infrastructure projects in Mumbai, India¢â‚¬â„¢s rise is not in question.
¢â‚¬Å“This growth is driven by digitalisation ¢â‚¬ something that¢â‚¬â„¢s obvious to any visitor here, who will have noticed QR codes at every humble food stall and the huge take-up of mobile phone payments. MYCRANE is delighted to be present in one of the world¢â‚¬â„¢s most exciting commercial markets - at a truly exciting time.¢â‚¬Â
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