Buy-Side M&A
End-to-end acquisition support for industrial companies seeking decarbonization capabilities, from strategy and target sourcing to diligence, negotiation, closing, and Day-1 readiness.
Transjovan Capital helps industrial companies pursue decarbonization through targeted M&A, strategic partnerships, and integration planning. From cleantech capability acquisition to synergy-focused post-deal execution, the team supports enterprises seeking practical energy transition outcomes, stronger manufacturing competitiveness, and cross-border growth aligned with long-term sustainability goals.
Focused advisory solutions for industrial companies pursuing energy transition, capability acquisition, and value creation through strategic transactions.
End-to-end acquisition support for industrial companies seeking decarbonization capabilities, from strategy and target sourcing to diligence, negotiation, closing, and Day-1 readiness.
Sector-focused advisory for cleantech, energy efficiency, and advanced manufacturing transactions that help industrial enterprises accelerate sustainability and technology adoption.
Specialized M&A guidance for industrial sectors including electricals, engineering, capital goods, infrastructure, and chemicals with strong operational context.
Advisory support for evaluating and structuring joint ventures that expand decarbonization capabilities, market access, and technology partnerships across industrial platforms.
Post-merger integration and synergy PMO services designed to align teams, systems, and value capture after industrial and energy transition transactions.
Ongoing corporate development support for multi-deal pipelines, portfolio reviews, and integration priorities tied to industrial transformation and decarbonization goals.
Decarbonization in industry often requires more than internal initiatives alone. Transjovan Capital helps enterprises acquire technologies, capabilities, and market positions that support lower-emission operations, energy efficiency, and sustainable growth. With partner-led execution, industrial domain depth, and cross-border reach, the firm aligns transaction strategy, diligence, integration, and synergy capture around measurable long-term value.
Enterprises rely on Transjovan Capital for strategic, partner-led execution in complex industrial transactions.
Senior advisors stay directly involved on every mandate from strategy through integration.
Deep experience across industrials, cleantech, energy efficiency, and advanced manufacturing transactions.
Cross-border execution across the US, Europe, India, and APAC supports international deal sourcing.
Value is measured through synergy capture and operational outcomes, not just deal completion.
Experienced leaders guiding complex strategic 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
Decarbonization in industry refers to reducing greenhouse gas emissions across manufacturing, processing, energy use, logistics, and supply chains. This can involve acquiring cleaner technologies, improving energy efficiency, shifting fuel sources, redesigning operations, or forming strategic partnerships. In an M&A context, it often means using acquisitions or joint ventures to accelerate capability building faster than organic development alone.
Speak with experienced advisors about your transaction priorities.
Recognized in India for 2024 excellence.
Longstanding advisory track record since 2011.
Broad enterprise transaction experience worldwide.
Share your strategic priorities, transaction goals, or target themes, and our team will outline how we can support your next move.
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.