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. the Fatorda Stadium in Margao, Goa. Fatorda Stadium opened in 1989 and Dempo SC has been using it since for all its I-League matches. There have been rumors however that state that Dempo SC could soon very well create its own stadium in Panjim, Goa although not much has been released on the subject. At the moment Dempo Sports Club's main sponsor and owner is Dempo Mining Corporation Limited. The club has been owned by Dempo since their creation. As part of the sponsorship from Dempo the club also named itself Dempo Sports Club and is classed as an institutional