Strategic Board Advisory
Advisory support for boards on capital allocation, growth priorities, and critical strategic decisions across the business lifecycle, helping leadership teams align governance with long-term enterprise value creation.
Transjovan Capital helps boards and leadership teams navigate governance, capital allocation, and growth decisions with strategic clarity. For Chicago companies balancing investor expectations, expansion plans, and complex market dynamics, our advisory approach brings seasoned boardroom insight, cross-border perspective, and practical execution support tailored to enterprise needs.

Strategic advisory services for boards, enterprise leaders, and governance-focused growth initiatives.
Advisory support for boards on capital allocation, growth priorities, and critical strategic decisions across the business lifecycle, helping leadership teams align governance with long-term enterprise value creation.
Structured support for multi-deal pipelines, annual portfolio reviews, and joint venture evaluations, giving boards and executive teams clearer oversight of strategic initiatives and enterprise development priorities.
Guidance on evaluating, structuring, and integrating joint ventures so boards can assess partnership risk, governance responsibilities, and long-term strategic fit with greater confidence.
Post-merger integration oversight with dashboards, workstream management, and board-ready reporting that helps leadership teams monitor execution, accountability, and synergy realization after transactions close.
Governance frameworks focused on tracking and realizing synergies from M&A activity, enabling boards to measure value creation through disciplined oversight rather than transaction volume alone.
Independent strategic and M&A support for acquisitive enterprises and high-growth companies seeking board-level guidance across buy-side activity, divestitures, growth capital, and governance-led expansion.
Effective governance requires more than oversight alone. Transjovan Capital supports boards and executive teams with practical advice on strategy, capital allocation, partnerships, and post-deal accountability. For Chicago organizations operating in competitive middle-market and enterprise environments, our approach combines boardroom judgment, transaction depth, and global perspective to help leaders make informed decisions with confidence.

Boards and leadership teams rely on us for seasoned judgment and execution-focused advisory.
Every mandate is led by senior advisors with deep boardroom, M&A, and enterprise leadership experience.
Chicago leadership teams gain insight informed by transactions and strategic work across the US, Europe, India, and APAC.
We help boards prioritize accountability, capital discipline, and measurable value creation in complex strategic decisions.
Our experience with large enterprises supports Chicago companies facing sophisticated growth, integration, and oversight challenges.
Experienced leaders guiding complex enterprise decisions.

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

Corporate governance advisory typically includes board strategy support, capital allocation guidance, oversight frameworks, committee effectiveness, decision-making processes, and governance structures tied to growth or transactions. At Transjovan Capital, it can also extend to strategic programs, joint ventures, post-merger oversight, and board-ready reporting so leadership teams have clearer visibility into execution, accountability, and long-term value creation.
Speak with our advisors about your board's priorities.
Recognized firm for 2024 excellence.
Active across leading global chambers.
Senior-led execution on every mandate.
Share your governance, growth, or transaction objectives, and our team will follow up with the right advisory next steps.
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.