Vasantrao S. Dempo Vasantrao S. Dempo Vasantrao Shrinivas Dempo was an Indian industrialist and philanthropist from Goa, who founded the Dempo Group of Industries. The mining business he founded in 1941 has now grown to include interests in shipbuilding, minerals, foods, iron and steel, education, travels and construction. He was the founder of the Dempo S.C., a popular football club based in Goa, which he nurtured after acquiring the local club, Bicholim SC. "Vasantrao Dempo Reflective Chair", an endowment professorship at the Tepper School of Business of the Carnegie Mellon University is named after him and is funded by the endowment of Dempo
Dempo S.C. and were then one of the original 12 teams in the first National Football League in 1996. The club then got relegated in 1999–2000 but got promoted the very next season and then the club won their first NFL championship in 2004. Dempo also won the last NFL Season. Dempo then won the first I-League season in 2007–08. As a result of this title win, Dempo played in AFC competition in 2008 during the 2008 AFC Cup, Dempo ended as semi-finalist. They again won the league in 2009–10 and 2011–12. After the 2012–13 season, where Dempo finished in 5th place,