Your next cab ride might be powered by Inventzia Sci. Tech. Ltd. analytics.

Wapanda (www.wapanda.co) is a new concept in the car service industry. The advent of Uber, Lyft and many other user operated car services have revolutionized the way people think of transportation. At the same time some negative spotlights have been drawn to public attention, for example for the non transparent way in which drivers are compensated, or for how surge pricing is regulated in the event of supply demand imbalances.

Wapanda is a new concept, where both drivers and passengers can optimize their objectives via a ride marketplace. Defining a marketplace however requires the solution of some non trivial challenges. Challenges like suggesting to both user types what is the fair price for a given ride, fair price ranges and how that price changes or is affected by weather conditions, seasonality or other supply/demand imbalance generating events.

Inventzia Science and Technology is helping Wapanda building their core analytics, a quasi market making like vision where underlying instruments are not shares or complex derivatives, but our commute or leisure rides. Inventzia is proud to have been exploring complex machine learning ideas to develop Wapanda A.I.

Look out for Wapanda next time you need a ride, coming soon to NYC in 2018.