Bigbasket signs 3-year deal with SourceEzy Online grocer Bigbasket has signed a 3-year deal with SourceEzy Technologies Pvt. Ltd, an e-procurement software and consulting firm to save over Rs 100 crore in the next 3 years. The contract will comprise the entire e-procurement requirement of the company including Capital Expenditure, Operational Expenditure, and Services. SourceEzy’s software will capture internal requisitions, send out requests for product information and quotations, conduct e-auctions and send out online purchase orders to Bigbasket's vendors. Deepak Ramesh, Founder and Managing Director of SourceEzy claims that use of their software generates an upward saving of 10% on their procurement exercise in the next 12 months. Bigbasket claims that it has surpassed the 60,000 daily orders mark and crossed the 6 million customers mark recently. ONN Bikes Raises Pre-Series A round of funding of Rs 4.5cr ONN Bikes, a Mumbai-based self-drive bike rental startup has raised pre-Series A funding of Rs 4.5 crore from Venture Catalysts and existing investor Z Nation Lab and JITO Angels. Launched in November 2016, ONN Bikes let individuals or businesses to rent or lease bikes. The startup will use the fresh capital to strengthen its technology base, increase the fleet size, expand to more cities, and promote its franchise model. It said that it will also add electric two-wheelers to its fleet in coming months. ONN Bikes claims to have clients like Ola, Uber, and Swiggy. The company currently operates in 5 states in India and earlier raised two seed rounds from Z…
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