Complex sentence: Although it is named after Rao, it was co-founded by Vadlakonda Narasimha Rao and the first classes were held in the residence of Vadlakonda.
Split into simpler sentences: Although it is named after Rao, it was co-founded by Vadlakonda Narasimha Rao. In fact, the first classes were held in the residence of Vadlakonda.