OYO, PhonePe and Zepto spotlight India’s startup IPO pipeline

An Inc42 report flags OYO, PhonePe and quick-commerce player Zepto among startups shaping a potentially significant IPO cycle in India. No offering timelines, valuations or financial terms were provided in the scouted item.

— Filed Thu, 23 Jul, 2026, 16:16 IST · Source Inc42 · Quick Commerce · Updated

Inc42 headline flags a potentially significant Indian startup IPO cycle involving OYO, PhonePe and quick-commerce platform Zepto; no article details or financial terms were supplied.

Why this matters

No prior related signals were provided; Inc42’s inclusion of OYO alongside PhonePe and Zepto points to IPO-pipeline attention in India’s startup market.

Retail-company signals are accelerating, up 1,043,400% QoQ.