Inox Clean Energy has secured approximately Rs 3,100 crore in equity funding from a mix of foreign and domestic investors, including CalPERS and SUN Group Global. The investment, which values the company at a pre-money valuation of Rs 50,000 crore, will support its expansion in independent power producer (IPP) and solar manufacturing capacities. This funding round, which saw a dilution of about 6% stake, precedes the company's planned IPO, where it aims to raise Rs 6,000-10,000 crore.