Kathmandu · Intelligence · Execution · Global Ambition

We work where
the map
runs out.

Primary research that becomes direction.
Direction that becomes delivery.

On intelligence and action
Most firms deliver recommendations.
Incervia delivers outcomes.

The gap between what organizations know and what they achieve is rarely a knowledge problem. It is an execution problem. We exist to close it — combining rigorous primary research with the operational capability to act on it, and staying through delivery where most firms disengage.

How we work

A model built for
the full arc of delivery

Three disciplines. One model. Always in sequence.

Intelligence

We begin with primary research — field interviews, competitive analysis, ecosystem mapping. We form a rigorous view of reality before forming an opinion about what to do.

Strategy

We translate intelligence into decision-ready direction — precise clarity on where to compete, how to win, what to build, and what to stop.

Execution

We stay through delivery — building the technology, products, and operating capability that turn direction into results. We measure success by what changes, not what was delivered.

Selected experience

Work that moves.

A representative selection of current and recent engagements.

Nepal market access

The world is
looking at Nepal.
We help it navigate.

Nepal's regulatory environment, stakeholder landscape, and market dynamics are genuinely complex — and genuinely rewarding for those who enter with the right intelligence. We provide foreign companies, funds, and institutions the primary research, regulatory mapping, and local insight needed to turn interest in Nepal into actionable entry.

Primary market research
Field-based research into demand, competition, consumer behaviour, and sector dynamics — evidence generated in Nepal, not extrapolated from elsewhere.
Regulatory navigation
End-to-end mapping of licensing, foreign investment rules, sectoral restrictions, and compliance pathways — translated into an operational entry plan.
Stakeholder & ecosystem mapping
Identification of the institutions and decision-makers whose relationships determine success — before a single meeting is taken.
Local partner identification
Rigorous evaluation of prospective JV partners, distributors, and operational allies matched to the client's specific market and operational requirements.
What we do

Four practice areas.
One operating model.

Research & Intelligence

  • Primary research & field studies
  • Market & sector intelligence
  • Competitive analysis
  • Opportunity identification
  • Policy & ecosystem assessment
  • Strategic insight for leaders

Strategy & Growth

  • Corporate & growth strategy
  • Business model design
  • Market entry & expansion
  • New venture development
  • Innovation strategy
  • Go-to-market positioning

Technology & AI

  • AI strategy & implementation
  • Digital transformation
  • Enterprise software advisory
  • Cloud & platform strategy
  • Data & analytics
  • AI-powered product development

Nepal Market Entry

  • Foreign company entry advisory
  • Regulatory navigation
  • Primary in-country research
  • Stakeholder & ecosystem mapping
  • Local partner identification
  • Compliance & operational setup
How we think
"Action without intelligence is waste.
Intelligence without action is indulgence."
I.
Evidence before opinionWe go into the field before we form a view.
II.
Precision over volumeWe produce what is necessary and sufficient. Not more.
III.
We stay through deliverySuccess is measured by what changes, not what was submitted.
Leadership

The people
behind the work.

Partner & CEO
Siddhartha H. Dhakal, PhD

Sid brings the analytical depth of a research scientist, the precision of an intellectual property practitioner, and the strategic instincts of a builder. He trained at Yale, prosecuted patents in Atlanta, and returned to Nepal to build Incervia.

PhD, Molecular & Cellular Biology — Yale University
Gruber Science Fellow, Yale (2017)
Blavatnik Associate — Yale Ventures
Patent prosecution — Pabst Patent Group LLP, Atlanta
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Partner & Senior Advisor
Amun Thapa

One of Nepal's most prolific technology entrepreneurs. Amun has founded and co-founded three companies across waste management, e-commerce, and consumer goods, and has served in leadership roles at the Confederation of Nepalese Industries. He advises Incervia on venture strategy, innovation, and Nepal's business ecosystem.

Founder & CEO — Khaalisisi (waste management, est. 2017)
Founder — Sasto Deal Pvt. Ltd. (Nepal's pioneering e-commerce brand, est. 2011)
Co-founder — Anthropose.com (Nepal's first eye-wear brand, est. 2014)
President — CNI Young Entrepreneurs Forum (CNIyef)
National Council — Confederation of Nepalese Industries
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Work with us

A conversation
worth having.

We take on a small number of engagements each year — those where we can have genuine impact. If you're working on something that matters, reach out.