Alexei Beltyukov is a successful Russian businessman and philanthropist. He a graduate of the INSEAD Business School where he enrolled in 1995 and graduated from in 1997 with a masters in business administration. Since graduating, Beltyukov has established a number of ventures that have gone on to be industry leaders. Some of the businesses include New Gas Technologies, A-Ventures, Endemic Capital and Solvy.com. SOLVY is Beltyukov’s latest enterprise.
At A-Ventures, Beltyukov is in charge of the firm’s operations. It has over $400 million worth of assets under its management. Beltyukov established A-Ventures to support struggling firms in Russia. The support is achieved through financial assistance mostly during times of difficulties. He created New Gas Technologies to deal with the use of associated petroleum products. In 2013, he formed Endemic Capital to offer angel funding to startups in Russia. To date, the firm has helped many startups manage to realize their objectives through adequate funding.
From 2004 to 2006, Beltyukov served as the executive director, CEO, and board member for Renova in Russia and Latvia. His duties in the company included rationalizing the investment portfolio, asset acquisition and disposal, turnaround management, equity stakes consolidation, and business restructuring. While at Renova, Beltyukov closed 27 deals and had a 78% return on equity per year. The companies that were under his direct supervision consisted of a commercial bank, pension fund, insurance company, airport, brewery, sea port, and real estate developers.
Beltyukov also served as the president in charge of strategy and business development at Brunswick Capital between 2003 and 2004 in Russia. He launched a rail car leasing venture called Brunswick Rail Leasing that is presently ranked among the top 3 in the industry with a fleet of more than 10,000 rail cars. In one of their books, Kearney partner described the establishment of the business as a success story.
Additionally, Beltyukov has on numerous occasions worked with the Russian government to offer economic support and guidance through the Skolkovo Foundation. At the foundation, Alexei serves as the vice president. The foundation offers grants as well as opportunity for technology startups and entrepreneur that want to expand their businesses throughout Russia.
Beltyukov is a believer of broadening horizons through continued education. In April 2015, he launched his latest venture, SOLVY, in Los Angeles, California during the Educator Day at the EdSurge’s tech conference. SOLVY is an online homework platform for high school students. It offers the students and teachers a variety of relevant subjects. The teachers are able to track a particular student’s progress when cracking a math problem. SOLVY also allows a student to get immediate feedback and enables teaches to identify the areas of student weakness. The platform does not provide multiple-choice answers in order to allow students make mistakes and learn from such mistakes. Follow Alexei on Twitter as he often talks educational platforms, and what’s next for the companies he helps to manage.