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. made Indian Football history when they were one of the first teams to participate in the newly formed I-League. They soon managed to make more history after winning the first ever I-League season in 2007-08. Due to their success in the I-League Dempo participated in the 2008 AFC Cup where they shocked people by making the Semi-Finals after defeating Singapore side Home United FC 4-3 in the quarter-finals. After winning the 2007-08 I-League season Dempo participated in the 2009 AFC Champions League west Asian qualification stage where they lost to United Arab Emirates side Sharjah SC 3-0. After getting knocked