Divestiture Advisory
Support for companies planning to sell business units or assets, with guidance on positioning, transaction strategy, buyer engagement, and value realization throughout the divestiture process.
Transjovan Capital helps enterprises prepare for high-value exits with strategic advisory, divestiture planning, board-level guidance, and transaction execution support. From portfolio reviews to buyer positioning and post-deal readiness, the team brings cross-border M&A experience, sector depth, and partner-led execution to help business owners and corporate leaders maximize value with greater clarity and control.

Strategic advisory services designed to prepare, position, and execute successful business exits and portfolio decisions.
Support for companies planning to sell business units or assets, with guidance on positioning, transaction strategy, buyer engagement, and value realization throughout the divestiture process.
Board-level advice on capital allocation, growth priorities, and exit pathways, helping leadership teams evaluate timing, structure, and strategic options with greater confidence.
Independent strategic and M&A support for enterprises evaluating exits, portfolio actions, partnerships, and growth alternatives across multiple stages of the business lifecycle.
Advisory for companies seeking capital ahead of an exit or expansion event, helping strengthen market positioning, investor readiness, and long-term value creation.
Evaluation and structuring support for joint ventures and strategic partnerships that can unlock value, improve market access, or create stronger exit outcomes.
Post-transaction integration and synergy governance support that helps buyers and sellers protect value, align operations, and improve transition outcomes after a deal closes.

We begin by understanding your business model, shareholder objectives, portfolio priorities, and likely exit pathways. This helps define whether a divestiture, capital raise, strategic partnership, or broader corporate development program is the right route.
Clients rely on Transjovan Capital for senior-led advice, global transaction experience, and practical execution support.
Senior advisors stay directly involved from strategy through execution on every mandate.
Global reach across the US, Europe, India, and APAC supports complex international transactions.
Deep expertise across industrials, consumer, B2B services, and emerging technology transactions.
The firm emphasizes synergy capture, strategic fit, and long-term value over deal volume.
Experienced leaders guiding complex 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

Alvarez & Marsal are widely known for turnaround management, restructuring, performance improvement, and transaction advisory. In the broader advisory market, firms like Transjovan Capital focus more specifically on strategic M&A, corporate development, divestitures, joint ventures, and exit planning for enterprises seeking value creation through well-structured transactions.
Speak with experienced advisors about your transaction goals.
Recognized in India for 2024 excellence.
Connected to global entrepreneurship networks.
Active across leading international chambers.
Share your goals and transaction priorities, and our team will help you explore the right advisory path for your business.
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.