Growth feels predictable in the early stage. You launch ads, CAC stays at ₹250 to ₹400, ROAS holds at 3.5x to 4x, and revenue scales from ₹1Cr to ₹5Cr, then ₹10Cr, and eventually ₹20Cr. At this point, most founders believe the growth engine is stable. But within 6 to 12 months after crossing ₹20Cr, performance metrics begin shifting in ways dashboards do not immediately reveal. CAC typically...








