Zepto joins India’s expected startup IPO pipeline for 2025

Quick-commerce platform Zepto is among Indian startups expected to explore public listings in 2025, alongside OYO and PhonePe, pointing to renewed capital-market momentum for scaled consumer-tech businesses.

— Filed Wed, 22 Jul, 2026, 17:31 IST · Source Inc42 · Quick Commerce · Updated

OYO, PhonePe and quick-commerce platform Zepto are among Indian startups expected to pursue IPOs, signalling a potentially major year for startup listings and capital-market activity.

Why this matters

Zepto’s 2025 IPO outlook follows signals placing it with PhonePe and OYO on India’s startup IPO watchlist and in a potential 2026 IPO wave, reinforcing recurring expectations of a public-market debut.

Retail-company signals are accelerating, up +1006200% QoQ.