Venture funding into startups remained muted for the first week of December with the absence of any single large . Fintech startups emerged as the investor favourite in the first week of December, with CRED getting closer to unicorn valuation in an otherwise muted environment of fund inflow into the Indian startup ecosystem. The total venture funding for the first week of December touched $118 million cutting across 23 deals as compared to $501 million in the comparable previous week. The highlight investments during the week were that of CRED, MobiKwik, and Fisdom. Ever since the start of the COVID-19 pandemic, the major trend in the venture funding has been the focus on early-stage deals. Out of the 23 deals for the first week of December, 18 were in early stage followed by four in growth and one in late-stage