Posts in Category: A-Ventures

Alexei Beltyukov’s Work Spans A Long History

Alexei Beltyukov has been one of the leaders responsible for trying to grow the Russian business community in recent years, and he’s also the CEO of Solvy, a software platform for solving math problems.

Solvy is geared for helping teachers not only teach math problems and equations to students, but also providing feedback on how well students are understanding the material.

Solvy isn’t just concerned with the end results of students getting the right answer, but in finding out how they arrived at the answer. Solvy helps guide students in the process they use for solving problems. Long before he joined Solvy Beltyukov worked with many other businesses.

According to Adweek, Alexei Beltyukov first was a doctor who began practice when the Soviet Union had a firm grip on Russia. When the Soviet Union fell Beltyukov faced a lot of difficulty providing for his family. He decided to explore other business endeavors and eventually he enrolled at INSEAD University’s business school.

Upon graduating from INSEAD, he was able to start his new career as a consultant for a private equity firm. He was given the chance to enter the business management field in the early 2000s when he was approached by a business mogul to manage subsidiaries for a big company.

Beltyukov started turning the subsidiaries from wasteful outlets to profitable machines by the time they were sold, and then he decided to start his own business. His first big company was Mechanicus, an automobile repair shop that started opening garages across Russia. Learn more about more Alexei Beltyukov:

The company did well up until the financial crisis of 2008. He later started New Gas Technologies, a petroleum manufacturing and refinery company. He became very successful with this company, and as he increased his business net worth he decided he wanted to help others succeed in business.

So he founded two venture capital companies, A-Ventures and Endemic Capital to supply funds for Russian startup companies. Beltyukov also works closely with the Russian government advising them on economic policies at the Skolkovo Foundation.