Buy-Side M&A
End-to-end buy-side advisory covering acquisition strategy, target sourcing, valuation, diligence, negotiation support, and closing preparation for industrial technology growth mandates.
Transjovan Capital advises industrial technology companies and acquisitive enterprises on strategic transactions, cross-border opportunities, and post-deal value creation. From advanced manufacturing and energy efficiency to automation-led platforms, the team helps clients evaluate targets, structure deals, and capture synergies with partner-led execution and deep sector insight.

Specialized advisory support for industrial technology transactions, integration planning, and long-term corporate development initiatives.
End-to-end buy-side advisory covering acquisition strategy, target sourcing, valuation, diligence, negotiation support, and closing preparation for industrial technology growth mandates.
Advisory for international acquisitions across major markets, helping clients evaluate overseas targets, manage complexity, and execute cross-border industrial technology transactions with confidence.
Post-merger integration and synergy governance support designed to align teams, systems, reporting, and value capture after industrial technology acquisitions.
Strategic joint venture evaluation and integration support for companies seeking partnerships, capability expansion, or market entry through industrial technology collaborations.
A continuous corporate development model that embeds strategy, M&A execution, Day-1 readiness, PMI, and synergy governance into one coordinated advisory engine.
Industry-focused advisory for emerging technology and industrial platforms, including advanced manufacturing, energy efficiency, automation, and adjacent tech-enabled sectors.
Industrial technology transactions demand more than financial modeling alone. Transjovan Capital combines M&A execution, sector understanding, and integration planning to help enterprises pursue acquisitions, partnerships, and portfolio moves with greater clarity. The firm supports clients from strategy through Day-1 readiness and synergy capture, with partner-led guidance shaped by experience across advanced manufacturing, automation, energy transition, and cross-border deal environments.

Clients rely on the firm for strategic judgment, execution depth, and sector-specific M&A support.
Senior advisors stay directly involved from strategy through execution and integration planning.
Global coverage across the US, Europe, India, and APAC supports international industrial technology mandates.
Deep experience across industrials, advanced manufacturing, automation, and emerging technology-driven business models.
Engagements emphasize synergy capture and long-term outcomes, not simply transaction volume.
Experienced leaders guiding complex strategic transactions.

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

Industrial technology generally refers to technologies used to improve industrial operations, manufacturing, infrastructure, and related business systems. This can include automation, electrical and electronic systems, advanced manufacturing, energy efficiency solutions, industrial software, and tech-enabled engineering platforms. In an M&A context, it often describes businesses where technology meaningfully enhances products, processes, productivity, or scalability.
Speak with experienced advisors about acquisitions, integration, or cross-border opportunities.
Recognized in India for 2024 excellence.
Industry network supporting entrepreneurial leadership.
Active membership across global business chambers.
Share your acquisition, divestiture, or corporate development priorities and an advisor will connect with you to discuss scope, fit, and 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.