Stanza competes with other accommodation aggregators like Nestaway, Zocalo, Homers and Homigo. The firm will use the funds to expand into new cities, upgrade its technology platform, and for hiring.
Investors are bullish about the potential of content start-ups that can serve tens or hundreds of millions of Internet users.
Prophet Capital, Beijing and existing investors Ventureast and Endiya Partners also joined the round.
With this fresh funding, Fisdom plans to add new financial products to its portfolio.
Slowdown in bank credit, has given a boost to financial technology start-ups.
Since launching its pilot in mid-September, the programme has received over 200 applications from restaurant partners across eight cities.
The funding was led by Michael & Susan Dell Foundation to expand its School Transformation Program.
The firm provides virtual reality (VR) and augmented reality (AR) experiences on mobile devices.
The company will use the money to widen operations, improve customer care, expand inventory and hire fresh talent.
The company is targeting revenues of $4 million for FY2017-18.