Investor Update | April

We are pleased to present the April activity report of erxes Inc. for your review.

ONE: erxes Mongolia 

1.Building with a lease

Erxes offers a cutting-edge online personal leasing system designed specifically for real estate developers and construction companies. Our comprehensive system provides numerous advantages, making leasing procedures efficient and hassle-free. Here are some key benefits:

  • Flexible Lease Options: With erxes, you can sell your properties through interest-bearing or interest-free leases, catering to diverse customer preferences and financial capabilities.
  • Automated Operations: Our technology-driven platform automates manual leasing operations, alleviating the workload for your accounting and finance staff. Say goodbye to disorganized customer information scattered across excel sheets and word files, as erxes eliminates the need for such outdated practices.
  • Enhanced Accuracy and Efficiency: By adopting erxes, you can eliminate errors associated with missing lease payment deadlines and discrepancies in sales staff and agent information, preventing double sales of apartments. Furthermore, staff members can seamlessly share information with one another within seconds, fostering improved collaboration.
  • Elevated Customer Satisfaction: Automating the leasing process ensures that customers receive prompt and accurate information. They are continually reminded of payment due dates, overdue payments, and relevant fees, enhancing transparency and overall satisfaction.
  • Global Reach: Leveraging our digital solutions, erxes empowers you to expand your sales reach beyond Mongolia. Our platform enables you to sell properties worldwide, tapping into a broader customer base.

To learn more about our “Building with a Leasing” program, click HERE (available only in Mongolian).

2. Erxes has been chosen participate in “Star Venture” program

We are thrilled to announce that erxes has been selected to participate in the esteemed “Star Venture” program, supported by the European Bank for Reconstruction and Development (EBRD). This program offers an intensive 18-month journey designed to drive business growth and success.

As part of the program, erxes will benefit from a comprehensive range of resources and support. This includes a thorough business assessment to identify strengths and areas for improvement, access to expert know-how and guidance from seasoned professionals, tailored consulting services to address specific needs, mentoring from experienced mentors, international networking opportunities to forge strategic alliances, and access to necessary financing options.

TWO: $ERXS Shares

erxes Inc. is committed to democratizing technology access for businesses, contributing to the economic development of our country, and showcasing the expertise of Mongolian engineers on a global scale.

In pursuit of these goals, we have launched an investment campaign, offering 13.39% ownership of our company to the public with the aim of attracting a total investment of $3.5 million. We are pleased to announce that as of the end of April 2022, we have successfully secured $2,897,392 in investments from a total of 138 investors. This strong support demonstrates the market’s confidence in erxes, and it brings our market capitalization to $22.5 million.

THREE: erxes Activity

1. Participated in Ulaanbaatar-International Investment and Partnership Forum-2023.

erxes Inc. proudly participated in the Ulaanbaatar-International Investment and Partnership Forum held on April 20, 2023. This important event aimed to stimulate the capital city’s economy by attracting investments from both domestic and foreign enterprises and organizations. Our Chief Operating Officer, Nauren Batjargal, had the privilege of presenting erxes Inc.’s products, investments, and company activities during the forum. It was an excellent platform to showcase our innovative solutions, engage potential partners and investors, and contribute to the economic development of Ulaanbaatar.

2. Erxes product updates

We’re also pleased to announce the launch of our new help center at help.erxes.io. This platform aims to improve our customer relationships by providing a centralized hub for information and support. With your organization’s email address, you can access work in progress, view the responsible team member, track progress, leave comments, and communicate directly. Additionally, you can register complaints, requests, and errors, and monitor the resolution process.

Furthermore, erxes has partnered with Smart Quality & Devit Group, an application quality and security consulting firm, to implement quality standards for our erxes XOS platform. This collaboration will enable us to detect errors more easily, deliver high-quality software to users, increase user satisfaction, and improve the test environment. It will also foster effective collaboration between development and other business units.

We’re committed to continuously improving our products, services, and customer experience. These updates and partnerships represent our dedication to excellence. Thank you for your support, and we’re excited to bring you more updates in the future.

FOUR: New Enterprise Partners

We are delighted to announce that “Nars Tugul LLC,” “Measuring Instrument LLC,” “Cargolink LLC,” and “Mandala Legend” have recently joined the esteemed Grow Your Business Club. These organizations, along with over 100 others, have recognized the immense potential of leveraging technological advancements to drive their businesses forward. By joining the Grow Your Business Club, we aim to increase our clients revenue, reduce costs, enhance team and customer satisfaction, and elevate their operations to new heights.

FIVE: erxes culture

We are thrilled to present Anu-Ujing as this month’s special guest in our interview series. In this insightful conversation, you will discover Anu-Ujing’s motivations for joining Erxes, gain insights into his team and aspirations, and explore the remarkable endeavors he has undertaken.

To delve into the complete interview, please click HERE (available only in Mongolian).

Once again, we extend our heartfelt gratitude for your investment and invaluable contribution to the remarkable achievements of Mongolian youth in Silicon Valley. Your support enables us to continue fostering innovation and excellence.

Wishing you a wonderful day ahead.

Warm regards,

erxes Team