Commercial Diligence
Assess market attractiveness, competitive positioning, customer dynamics, and growth assumptions to validate the investment thesis and identify key commercial risks before deal execution.
Support your investment decisions with rigorous private equity due diligence consulting designed to validate growth potential, uncover risks, and sharpen deal strategy. Transjovan Capital brings partner-led analysis, cross-border transaction experience, and sector insight to help PE funds and acquisitive investors assess targets with greater confidence before signing and through value creation planning.
Focused diligence and transaction support for investors evaluating targets, risks, growth opportunities, and post-close value creation.
Assess market attractiveness, competitive positioning, customer dynamics, and growth assumptions to validate the investment thesis and identify key commercial risks before deal execution.
Support end-to-end buy-side evaluation with target screening, valuation inputs, diligence coordination, synergy case development, and negotiation support for informed investment decisions.
Evaluate international targets with structured diligence across markets, operating models, and strategic fit, backed by experience spanning the US, Europe, India, and APAC.
Prepare portfolio companies and acquisition teams for a smoother transition at close with practical Day-1 planning, governance alignment, and operational readiness support.
Translate diligence findings into post-merger integration priorities, synergy tracking frameworks, and board-ready execution plans that protect value after closing.
Bring deeper context to diligence through sector-specific insight across Industrials, B2B Services, Consumer, and Emerging Technology investment themes.
Private equity due diligence consulting helps investors move beyond surface-level analysis to test the real drivers of value, risk, and post-close execution. Transjovan Capital combines commercial assessment, strategic M&A judgment, and integration thinking to help clients evaluate targets more thoroughly, challenge assumptions early, and build a clearer path from deal thesis to measurable value creation.
Clients rely on our team for disciplined analysis, senior attention, and transaction-tested judgment.
Senior advisors stay directly involved from diligence framing through investment decision support.
Experience across the US, Europe, India, and APAC supports more informed international target assessments.
Industry expertise strengthens diligence in Industrials, Consumer, B2B Services, and Emerging Technology.
Our approach connects diligence findings to synergy capture, Day-1 priorities, and post-close execution.
Experienced operators, strategists, and M&A advisors.
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
CDD in private equity stands for commercial due diligence. It is a structured assessment of a target company's market, customers, competitors, growth outlook, and commercial risks. PE firms use CDD to test whether the investment thesis is realistic, validate revenue assumptions, and identify issues that could affect valuation, deal structure, or post-acquisition value creation.
Speak with our advisors for focused diligence guidance.
Recognized in India for 2024 excellence.
Longstanding advisory experience since 2011.
Advised on USD 15 billion transactions.
Share your deal context, target profile, or diligence priorities, and our team will outline how we can support your evaluation process.
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.