Nearly a year after Zomato—the online food aggregator proposed to acquire Blinkit—a hyperlocal delivery company, the company’s board finally approved the acquisition of an all-stock deal worth Rs 4,448 crore to buy the quick delivery platform last week. Blinkit, previously known as Grofers, entered the unicorn club last year. With the much-anticipated acquisition, which grabbed the eyeballs of even Zomato’s investors, the company has forayed into the quick commerce space—a segment that the online food aggregator had been eyeing for quite some time. Unlike e-commerce, quick commerce refers to delivering groceries/FMCG products in a span of 15 to 20 minutes to the customers.