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. The Government of India awarded him the fourth highest civilian honour of the Padma Shri in 1991. A commemorative Rs. 5 postage stamp was released in his honour.