Recently Alexei Beltyukov announced the launch of his newest endeavor. Solvy.com is an online space designed to further math education by providing teachers and students a platform to complete homework assignments and reduce teacher workload. Additionally, the app will allow teachers to quickly develop problem sets based on real world examples for the students to solve. The students will have to work through the problem, showing their work as they go in addition to coming up with the right answer. In this way, the students learn from their mistakes and increases the students progress through growth.
Solvy has already been embraced by a number of teachers because of its use of real world problems. The system gives hints and suggestions for the students to follow and provides performance reporting for the instructor. There are no multiple choice questions and the questions can be solved from several different approaches. The benefit for teachers is that the system allows them to focus on the teaching aspect while the software takes care of the routine coaching and tutorial parts of the learning process.
Beltyukov is an outspoken proponent of education. About.me suggested he graduated from INSEAD, a graduate business school with a Master of Business Administration degree. He started his career as a medical doctor and received a degree in medicine from Urals State Medical University in Russia before deciding to pursue his interest in the business world.
In addition to being the founder and chief operating officer of Solvy, Beltyukov also founded New Gas Technologies where he still serves as the chairperson of the board of directors. New Gas is a Houston, Texas and Moscow, Russia based company that seeks to improve oil refining methods and efficiency with lower capital investment. Other companies Beltykov has started in the past include A-Ventures, Endemic Capital, Mechanius and Brunswick Capital. Philanthropy is important to Beltyukov and he has founded the Russian Alumni Scholarship Fund at INSEAD.