It was announced on Monday that OYO Rooms has raised $100 million (Rs 630 crores), led by the SoftBank Group, with participation from existing investors- Greenoaks Capital, Sequoia Capital and Lightspeed India. OYO Rooms was founded by Ritesh Agarwal in 2013 and is currently present in more than 70 cities across India with more than 12,000 available rooms.