Your welcome @Biju Thankappan
I would recommend that you can have a support case for proactive support/assistance from an Azure engineer then, you need to double-check that you have the right resource providers on the target tenant.
Furthermore, you have the enough quota/capacity as well on the target tenant. Keep in mind that you need to prepare a MOP file(Method of procedure) to perform this on a maintenance window.
You may need to recreate some resource on the target one since there could be a transfer limitation as you might consult on the next links below:
Having said that., I want to bring back one of your statements that was related to the license... Per license you will have X or Y feature available to use as well as a certain amount of Azure AD/O365 attributes/objects so you will need to review this by doing an assessment or when preparing the MOP file...
Please "Accept the answer" if the information helped you. This will help us and others in the community as well.