[1] His father, Govind Ramnath Kare, began with small time trading in pharmaceutical products and founded Drogaria Salcete in 1932.
As there was an Indian blockade of Goa between 1955 and 1961, the Portuguese government then in power allowed businessmen to procure pharmaceutical products from reputed foreign companies, such as Abbott Laboratories, Merck, Takede Chemicals and the like.
[1] His younger brother Suresh took over the manufacturing unit near Mumbai, and over the years it grew to a turnover of Rs 1500 crore annually.
The VVM runs the prominent Shree Damodar College of Commerce & Economics in Margao [1] besides the Vidya Vikas Academy and a number of other institutions.
Kare has narrated how he helped build the VVM, facing a crisis due to a lack of funds to clear teaching staff salary arrears, and a crash in the structure of the existing rented premises during the monsoons.