Flipkart was founded in 2007 by Sachin and Binny Bansal as an e-commerce site based in Bangalore, India. It faced initial challenges in partnering with book vendors and setting up a payment system. The site primarily uses PHP and Linux and sells a wide range of products including books, electronics, clothing, and more. Flipkart was initially self-funded and has since received funding from Accel India and Tiger Global Management, growing rapidly to become one of the largest e-commerce sites in India with millions of visitors each month.