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. Sadanand Asnodkar and Tulsidas Alornekar. Two years later Dempo finished as runners-up in the Goa Senior Division just behind Vasco. After the 1971–72 Goa Senior Division, Dempo won their first-ever league title by overcoming teams like Salgaocar and Vasco. Dempo then won the Rovers Cup in 1975, which was Dempo's first ever national championship win, by beating Tata Sports Club, by beating them 1–0. It was not a good decade for Dempo with regards to the Nizam Gold Cup. They lost three consecutive finals in 1972, 1973 and 1974, once to BSF and twice to RAC. But they finally broke