India's Competition Commission approves WeWork India acquisition by Real Trustee, Volrado Ventures, and other co-acquirers, allowing WeWork Inc. to exit the Indian market.

India's competition watchdog, the Competition Commission of India (CCI), has approved the acquisition of WeWork India by Real Trustee Advisory Company and Volrado Venture Partners Fund II and III (Volrado Ventures), along with other independent co-acquirers. The approval follows the CCI's permission for WeWork to exit its India unit. The deal involves a two-step process, with WeWork Inc and WeWork India's parent, Embassy Group, selling approximately 40% of the local coworking unit, leading to WeWork Inc's exit from the Indian market.