OYO, PhonePe and Zepto line up for a pivotal year in India’s startup IPO market

OYO, PhonePe and Zepto are positioned among the consumer-facing startups expected to shape a potentially record year for Indian startup listings, spanning hospitality, digital payments and quick commerce.

— Filed Wed, 22 Jul, 2026, 12:01 IST · Source Inc42 · Quick Commerce · Updated

OYO, PhonePe and Zepto are positioned as central to what could be India’s biggest year for startup IPOs, with implications for consumer-facing hospitality, payments and quick-commerce sectors.

Why this matters

No related recent signals were supplied. OYO’s potential listing is part of a broader India startup IPO cohort that also includes PhonePe and Zepto.

Retail-company signals are accelerating, up 988900% QoQ.