The sale is a two-step process wherein WeWork Inc. and WeWork India's parent, Embassy group, would jointly sell roughly 40 percent share in the local co-working subsidiary.

WeWork Inc gets CCI nod to exit Indian co-working space business

U.S. Bankruptcy Judge John Sherwood approved WeWork's restructuring at a court hearing in Newark, New Jersey.

WeWork cleared to exit bankruptcy and slash $4 billion in debt

Bengaluru-based real estate firm Embassy Group, which holds the remaining 73 per cent stake in WeWork India, might also dilute some shareholdings to raise funds

WeWork Global in talks to sell entire 27% stake in WeWork India

The company, however, is waiting for CCI's approval before it can proceed with its fundraising plans

WeWork India in talks to raise Rs 1,000 crore