OYO, Zepto and PhonePe join Rs 30,000 crore-plus startup IPO pipeline

India’s startup listing pipeline is widening as consumer-facing companies including OYO, Zepto, PhonePe, Zetwerk and Cult.fit pursue IPOs worth more than Rs 30,000 crore. The rush follows a record fundraising year, though weak post-listing returns are sharpening investor scrutiny.

— Filed Wed, 29 Jul, 2026, 07:50 IST · Source YourStory · Capital · Updated

India's startup IPO market has expanded sharply, bringing consumer-facing brands such as Swiggy, FirstCry, OYO, Zepto and Flipkart into public-market focus. The article highlights tighter SEBI rules, weaker post-listing performance for many startups and a large upcoming IPO pipeline.

Why this matters

No related recent OYO signals were provided. OYO’s IPO pursuit places the brand in a broader startup listing wave alongside Zepto, PhonePe, Zetwerk and Cult.fit, as investors assess post-listing performance more closely.

Retail-company signals are accelerating, up 398867% QoQ.

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