Mr.Vivek Dempo is the founder of Dempo Resorts which owns the "Indy Waterfront Resort" amongst others. The Dempo Family of Goa is one of the oldest families with a background of being Landlords who controlled the coconut trade from the 16th to the 19th Century. They also had large Cargo Sail Ships which sailed from Goa to the African Ports of Portuguese origin such as Mozambique and Angola in the Indian Ocean.
Mr. Vivek Dempo is the grandson of Late Padmashri Mr. Vasantrao S. Dempo, founder of the well diversified Dempo Group of Companies, Goa. Mr.Vivek Dempo is a partner of Dempo Properties and Investments Pvt. Ltd. and has a recently floated Dempo Resorts.