The IIT Madras Research Park, the first of its kind to be established in India, functions to propel successful innovation in established companies and provide a nurturing ecosystem to startups through incubation efforts and technical infrastructure. Following its success, 50 research parks were planned as part of Start Up India initiative of the Central Government of India. Corporate clients of IIT Madras Research park include Bharat Heavy Electricals Limited, Saint-Gobain and Forbes Marshall. Ather Energy, Hyperverge and Gyandata are some of the startups incubated at the Research Park. The Research Park is primarily reason why a very large number of startups are incubated at IIT Madras.