India’s startup IPO pipeline puts OYO, PhonePe and Zepto in focus

Inc42 flags OYO, PhonePe and quick-commerce player Zepto among the startups expected to shape India’s IPO pipeline this year, signalling renewed public-market interest in consumer-facing digital businesses.

— Filed Wed, 22 Jul, 2026, 17:01 IST · Source Inc42 · Quick Commerce · Updated

Inc42 examines a potentially major year for Indian startup IPOs, highlighting OYO, PhonePe and quick-commerce platform Zepto among companies expected to shape the listing pipeline.

Why this matters

No related recent signals were provided. Inc42’s IPO pipeline watchlist places OYO alongside PhonePe and Zepto as consumer-facing digital businesses drawing public-market attention.

The retail-company theme is accelerating, up 1004600% QoQ.