The Competition Commission (CCI), India’s fair-trade regulator, approved the proposed merger of Jio Cinema OTT and Viacom18 Media.

In a tweet on Monday, CCI said it had approved the merger of the Jio Cinema OTT platform with Viacom18 Media following an investment from BTS Investment and Reliance Projects & Property Management Services.

In April, Reliance Industries Ltd (RIL) and Viacom18 announced a strategic partnership with Bodhi Tree Systems, under which Bodhi Tree will invest Rs 13,500 crore in Viacom18, while Reliance Projects & Property, a wholly owned subsidiary of RIL Management Services, will invest Rs 1,645 crore. An investment of millions of dollars has been secured as part of a three-way partnership to build one of India’s largest TV and digital streaming companies. As part of the partnership, Reliance’s popular Jio Cinema OTT app will be transferred to Viacom18.

Bodhi Tree Systems (BTS) is the investment venture capital firm of James Murdoch’s Lupa Systems and Star and former Disney India chairman Uday Shankar. Reliance Projects & Property Management Services is engaged in IT Support Services. Viacom18 Media provides media and entertainment services through its channel portfolio and streaming application “Voot”.

Transactions above a certain threshold require approval from the regulators, who closely watch unfair business practices in the market.