Updated Below The E-commerce industry in India is going through some turbulent times, and websites are either shutting down or being acquired. Here's a quick overview of all the e-commerce companies that have either shut shop or been acquired this year. June 4, 2013: 21Diamonds.in, sold jewelry, backed by Rocket Internet (via iamwire) May 29, 2013: Flyte, sold music, Flipkart's online music store, lack of consumer uptake for a single track model seen as reason for shut down (more at Medianama) May 21, 2013: KoolKart.com, sold women & men apparels and fashion products, no reason cited (via NextBigWhat) May 21, 2013: Rock.in, sold high-end international clothing, funded by Partech International, no reason cited (via NextBigWhat) May 16, 2013: Aporv, sold Indian handicrafts, no reason cited (via NextBigWhat) May 7, 2013: HutK.com, NRI centric website, backed by Times Internet, pivot to Indian e-commerce market cited as reason for shut down (via Nextbigwhat) May 6, 2013: Timtara, sold electronics, founders arrest on fraud could be reason for the shut down (via Nextbigwhat) April 1, 2013: Wopshop.com, sold toys and games for children, no clear reason cited for shut down (via Medianama) April 1, 2013: SeventyMM, online movie rental store, funded by Matrix Partners India, Draper Fisher Jurvetson, ePlanet Ventures and NEA- IndoUS Venture partners, lack of growth opportunities in DVD rentals seen as reason for shutting down (via Medianama) March 5, 2013: Urban Touch, sold fashion and beauty products, previously acquired by FashionAndYou, disagreement between the teams cited as reason for shutting shop (more at MediaNama) February 7, 2013: Travelocity.co.in, sold hotel bookings, no clear reason cited for shutting down…
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