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
History of Dempo S.C. Bicholim Sports Club was later adopted by Dempo Souza in 1967 and was renamed Dempo Souza Sports Club. Even then the team remained one of the strongest team in the country with players like Eustaquio, Dass, Balaguru, Olavo, Colaco, Inacio, Felix Barreto, Thapa, Ramesh Redkar, Socrates Carvalho, Sadanand Asnodkar and Tulsidas Alornekar. In 1969, the team stood as the first runner up in the Vasco Sports Club in the Senior Division League. The Dempo Souza Sports Club finally became Dempo Sports Club, after Dempo bought Mr Michael D’’Souza's stake in the Dempo Souza enterprise. However, Dempo Sports Club prospered when