OYO, PhonePe and Zepto emerge as IPO candidates in India’s startup listing pipeline

Inc42 flags OYO, PhonePe and quick-commerce platform Zepto among Indian startups that could pursue public listings, signalling a potentially active IPO year. The report reflects market expectations rather than confirmed listing plans.

— Filed Thu, 23 Jul, 2026, 01:01 IST · Source Inc42 · Quick Commerce · Updated

Inc42 examines a potential major year for Indian startup IPOs, highlighting OYO, PhonePe and quick-commerce platform Zepto among companies expected to pursue public listings.

Why this matters

No prior related signals are provided. Inc42's report places OYO in India's startup listing pipeline, but reflects market expectations rather than a confirmed IPO plan.

Retail-company signals are accelerating, up +1016000% QoQ.