Alexei Beltyukov is the Russian serial entrepreneur to watch. He started a career in medicine, but switched gears and in 1997 graduated with an MBA from INSEAD, a graduate business school founded in Fontainebleau, France. Since graduating he has launched several companies and currently serves as an advisor to a foundation, Endemic Capital, A-Ventures Ltd, New Gas Technologies, Mechanicus and the Skolkovo Foundation.
The successful entrepreneur, Alexei Beltyukov is also a committed philanthropist. He founded Endemic Capital in 2013 as a resource to provide funding for Russian start-up companies. He established the Russian Alumni Scholarship of INSEAD to provide financial support for Russians accepted at the institution. In his role as Vice President at the Skolkoyo Foundation he provides grants for Russian technology start-ups and resources for Russian entrepreneurs looking to expand their business opportunities.
Given his extensive support of education, Alexei Beltyukov was brought on board as the CEO to Solvy in 2015. Solvy is an innovative and free online educational platform that makes high school mathematics more accessible to students and teachers. The software allows educators to handpick many of the areas their students struggle with such as word problems, solving equations and interpreting tables and graphs. Teachers can assign practice assignments based on the needs of the student. The program also allows educators to track their students’ progress and help them to develop the appropriate classroom curriculum.
The software focuses on mathematics, a subject where American students underperform. Students’ progress is tracked and personalized recommendations are made to help students achieve the best results. According to Alexei Beltyukov, Solvy generates homework and quizzes based on the parameters set by the teacher. The software makes it easier for teachers to see if a student is grasping a concept or requires additional help.
The objective of the software is to streamline and simplify how high school students learn math. The student will progress at their own pace and will continue to work on a specific area until they grasp the concept. Teachers monitor the student’s progress and adapt their curriculum accordingly.