This article was first published by Benzinga India.

India’s competition watchdog has approved Real Trustee Advisory Company’s and Volrado’s Funds’ acquisition of WeWork India. The CCI had allowed WeWork to exit its India unit on February 2.

What happened? According to the Press Information Bureau, the CCI sanctioned the purchase of certain share capital by Real Trustee Advisory Company Private Limited(Real Trustee), Volrado Venture Partners Fund I and II and other independent co-acquirers.

Real Trustee, Volrado Ventures and Embassy Buildcon will initially acquire certain share capital in WeWork India from WeWork’s parent, Embassy Buildcon. Embassy Buildcon will then acquire 100% of Ariel Way Tenant Limited from WeWork International Limited. This will allow Embassy Buildcon to indirectly hold the share capital for WeWork India via OAW.

See Also: Sundar Pichai Brings Google Gemini Mobile App To India: Check Out All Features

Real Trustee is trustee of Volrado Ventures. These alternative investment funds. Embassy Buildcon is an Indian limited-liability partnership that is involved in real estate. OAW holds WeWork India shares on behalf of WeWork International.

WeWork India offers flexible workspaces as well as digital real estate solutions for workplaces to companies. WeWork Inc. owned 27.5% of the Indian unit.

Read next: Bill Gates recalls a ‘fabulous’ India story with Nikhil Kamath, ‘I happened to meet Satya and Sundar …’