Zepto emerges in India’s startup IPO pipeline alongside PhonePe and OYO

Inc42 flags quick-commerce platform Zepto among the startups that could shape a major year for Indian IPOs, alongside payments company PhonePe and hospitality brand OYO.

— Filed Thu, 23 Jul, 2026, 16:01 IST · Source Inc42 · Quick Commerce · Updated

Inc42 examines a potentially major year for Indian startup IPOs, highlighting quick-commerce platform Zepto, payments firm PhonePe and hospitality company OYO.

Why this matters

The IPO mention follows signals on Zepto’s race with Blinkit and Instamart to scale quick commerce and its place on India’s anticipated 2026 startup IPO watchlist.

Retail-company signals are accelerating, up 1,042,600% QoQ.