Zepto joins OYO and PhonePe in outlook for a big Indian startup IPO year

Inc42 flags Zepto, OYO and PhonePe as companies to watch in a potentially active year for Indian startup listings, spanning quick commerce, hospitality and payments. The item is an outlook rather than a confirmed IPO timeline.

— Filed Wed, 22 Jul, 2026, 16:46 IST · Source Inc42 · Quick Commerce · Updated

Inc42 examines a potentially major year for Indian startup IPOs, highlighting Zepto, OYO and PhonePe. The developments are relevant to India’s quick-commerce, consumer services and payments ecosystems.

Why this matters

Zepto was recently named among startups to watch in India’s potential 2026 IPO wave and added to an IPO watchlist for the coming year. Inc42’s latest outlook reinforces the pattern without confirming a filing or listing date.

Retail-company signals are accelerating, up +1,004,100% QoQ.