Divestiture Advisory
Support for telecom companies selling business units or assets, with guidance on positioning, transaction planning, buyer engagement, and value-focused execution throughout the divestiture process.
Telecom Divestiture Advisory Services designed for enterprises navigating carve-outs, portfolio reshaping, and strategic exits. Transjovan Capital helps leadership teams evaluate assets, structure transactions, and manage separation priorities with a sharp focus on value realization, stakeholder alignment, and execution discipline across complex, cross-border business environments.

Strategic advisory support for telecom carve-outs, exits, portfolio reviews, and transaction execution.
Support for telecom companies selling business units or assets, with guidance on positioning, transaction planning, buyer engagement, and value-focused execution throughout the divestiture process.
Board-level advice on capital allocation, portfolio decisions, and growth priorities to help telecom leadership teams evaluate divestitures within broader strategic objectives.
Ongoing support for portfolio reviews, multi-deal planning, and related strategic initiatives that help enterprises assess divestiture pathways alongside partnerships and restructuring priorities.
Telecom divestitures demand more than a sale process. They require clear strategic rationale, disciplined execution, and careful coordination across stakeholders, operations, and transaction workstreams. Transjovan Capital helps enterprises assess carve-out options, prepare assets for market, support negotiations, and align separation decisions with long-term capital allocation, growth priorities, and value creation goals.

Enterprises rely on our team for strategic judgment, transaction depth, and hands-on execution support.
Every mandate is led by senior advisors with deep M&A and corporate leadership experience.
We support complex transactions across the US, Europe, India, and APAC markets.
Our team brings domain expertise across technology, industrials, consumer, and B2B services.
We emphasize strategic outcomes, synergy realization, and disciplined capital allocation over 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

Telecom divestiture advisory services help companies plan and execute the sale, carve-out, or separation of telecom assets, business units, or non-core operations. This typically includes strategic assessment, buyer positioning, transaction support, valuation coordination, management presentation preparation, negotiation support, and separation planning so the divestiture aligns with broader capital allocation and portfolio goals.
Speak with our advisors about strategy, timing, and transaction readiness.
Recognized in India for 2024 excellence.
Industry network reflecting entrepreneurial leadership.
Active participation in global business chambers.
Share your objectives, portfolio context, and transaction priorities. Our team will review your requirements and outline how we can support strategy, execution, and stakeholder alignment.
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.