History of Dempo S.C. Vasantrao Dempo, the chairman of the House of Dempo, extended his benefaction to football team in an extensive manner. Dempo then came at par with the other business houses, like Salgaocar, Agencia Commercial Maritima, Shantilal and Sesa Goa who had their own teams. Dempo Sports Club originally started as Bicholim Football Club but was then brought by Dempo Corporation founder Vasantrao S. Dempo in 1967 and then he renamed the club Dempo Sports Club. After being brought by Dempo Sports Club the club went on a spending spree and signed Olavo Pereira, Felix Barreto, Socorro Coutinho, Ramesh Redkar, Socrates Carvalho,
Vasantrao S. Dempo Group. Dempo Charities Trust, the philanthropic arm of the Group runs several educational institutions in Goa. The Government of India awarded him the fourth highest civilian honour of the Padma Shri in 1991. On 4 March 2016, a commemorative postage stamp was released in his honour. 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