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:
https://learn.microsoft.com/en-us/azure/role-based-access-control/transfer-subscription
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...
Best Regards,
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