Industrials Advisory
Sector-focused advisory for electricals, engineering, capital goods, infrastructure, and chemicals businesses pursuing acquisitions, footprint expansion, and operational optimization with deep industrial domain expertise.
Transjovan Capital delivers strategic manufacturing services and solutions for enterprises pursuing growth, expansion, and operational value creation. From advanced manufacturing advisory to cross-border acquisitions, integration planning, and synergy governance, the team helps leaders make confident decisions, strengthen manufacturing footprints, and execute complex transactions with measurable outcomes.
Advisory solutions for manufacturing growth, acquisitions, integration, and strategic expansion across global markets.
Sector-focused advisory for electricals, engineering, capital goods, infrastructure, and chemicals businesses pursuing acquisitions, footprint expansion, and operational optimization with deep industrial domain expertise.
End-to-end acquisition support covering strategy, target sourcing, valuation, diligence, negotiation, closing, and Day-1 readiness for manufacturing enterprises seeking inorganic growth.
Embedded corporate development support for acquisitive manufacturing companies needing ongoing strategic, M&A, integration, and portfolio guidance without overloading internal leadership teams.
Post-merger integration and synergy PMO services that align teams, systems, reporting, and value capture so manufacturing transactions deliver measurable business outcomes.
Cross-border acquisition advisory for manufacturers expanding into new markets, accessing capabilities, or building international platforms across the US, Europe, India, and APAC.
Ongoing strategic support for multi-deal pipelines, joint venture evaluations, integrations, and portfolio reviews tailored to enterprise manufacturing growth agendas.
Manufacturing leaders need more than transaction support—they need a partner who understands industrial operations, capital allocation, and integration risk. Transjovan Capital combines sector depth, cross-border execution capability, and partner-led advisory to help enterprises evaluate opportunities, expand manufacturing footprints, integrate acquisitions, and capture synergies with a disciplined, value-focused approach.
Manufacturing enterprises rely on us for strategic clarity, execution depth, and measurable value creation.
Every mandate is led by senior advisors with deep M&A, board, and operating experience.
Strong expertise across electricals, engineering, capital goods, infrastructure, chemicals, and advanced manufacturing transactions.
Cross-border execution support across the US, Europe, India, and APAC for expansion-focused enterprises.
Engagements emphasize synergy capture, integration discipline, and long-term strategic outcomes over deal volume.
Experienced leaders guiding complex enterprise transactions worldwide.
Managing Partner
Gaurav Asthana is the Managing Partner at Transjovan Capital and brings more than 21 years of experience in mergers and acquisitions and private equity. An ex-Ernst & Young and KPMG professional, he is widely recognized for cross-border M&A execution across four continents. He has advised Fortune 500 corporations, large conglomerates, and private equity funds on cumulative transactions worth USD 15 billion. His experience includes retained buy-side mandates for globally recognized enterprises such as Blackstone, Mahindra, Legrand, Altana, Sumitomo, and Cummins. Under his leadership, the firm earned recognition as the Best M&A Advisory Firm in India. He also serves in prominent industry bodies including the Indo-American, Indo-French, and Indo-German Chambers of Commerce, reflecting his strong global business network.
Head - Consumer
Deoki Muchhal is a strategist and advisor with extensive leadership experience across large multinational organizations. Having served as MD and CFO at Cargill India, he has led acquisitions, divestitures, joint ventures, and technology transformation initiatives designed to unlock long-term enterprise value. His background includes board-level exposure, corporate restructuring, turnaround strategy, and successful merger integration. Deoki brings a practical operator's perspective to strategic advisory, helping clients align financial, operational, and transformation priorities. He also has a strong interest in ventures that improve competitiveness through digital technologies. A meritorious Chartered Accountant and alumnus of a Fortune 50 high-performance leadership academy, he adds seasoned financial and strategic judgment to complex growth and transaction mandates.
Head – Financial Services
Rajesh Relan brings 37 years of experience, including 25 years in senior leadership roles across the insurance industry in India and the Asia Pacific region. He previously served as Managing Director of PNB MetLife India Insurance and has deep expertise in strategy, governance, financial planning, business transformation, and M&A. His career includes launching and scaling businesses, leading turnarounds, and executing acquisitions, including the purchase of an insurance broking company. Rajesh also serves as an independent director on boards of publicly listed companies, including Singer India Ltd. and Jaykay Enterprises. His involvement with industry bodies such as CII, FICCI, Amcham, and USIBC reflects broad market engagement. He contributes seasoned boardroom insight to strategic growth and transaction advisory assignments.
Head – IT Services
Anuraag Guptaa has 27 years of experience in IT services spanning BFSI, consulting, professional services, and BPO. He has held CEO and board-level roles at organizations including First Meridian, Quess Corp, Capgemini, and Gulf Bank. At Quess Corp, he helped build India's largest technology staffing firm, culminating in a 2016 IPO at a valuation of USD 2 billion. His strengths include operational transformation, P&L leadership, greenfield venture incubation, organizational restructuring, and navigating complex M&A environments. Anuraag also mentors and invests in niche startups, bringing a growth-oriented perspective to advisory work. He is an alumnus of Harvard Business School and holds an MBA from LSE, NYU Stern, and HEC Paris, along with Six Sigma Master Black Belt certification from GE.
Senior Advisor
Chetan Tolia brings more than 30 years of leadership experience across major industrial organizations. He has served as a director on the boards of 10 Tata companies and was CEO and Executive Director of WREPL, a Tata Power company in the renewables business. His background also includes serving as Chief HR Officer of Tata Power, CEO of Tata BlueScope Steel Limited, and head of Strategy & Planning at Tata Steel. He played a key role in forming the BlueScope Steel and Tata Steel joint venture and in shaping growth strategy for large industrial businesses. With deep exposure to strategy, joint ventures, board governance, and industrial operations, Chetan adds valuable manufacturing and infrastructure insight to enterprise advisory engagements.
Senior Advisor
AM manufacturing typically refers to advanced manufacturing, which includes technology-enabled production models such as automation, digital systems, precision engineering, and modern industrial processes. In an advisory context, it often involves helping companies acquire capabilities, expand manufacturing footprints, evaluate technology-led targets, and align operations with long-term growth, efficiency, and competitiveness goals.
Speak with our advisors about your growth, acquisition, or integration priorities.
Recognized in India for 2024 excellence.
Reflects strong entrepreneurial network participation.
Connected across major international business chambers.
Share your growth objectives, acquisition plans, or integration priorities, and our team will connect you with the right advisory experts.
For immediate assistance, feel free to give us a direct call at 1800 102 5700. You can also send us a quick email at info@transjovancap.com.
For immediate assistance, feel free to give us a direct call at 1800 102 5700. You can also send us a quick email at info@transjovancap.com.