Complex sentence: He advanced up to Bardhaman but on his defeat there surrendered to the Mughals in 1584 and inspired by all the possibilities of wealth, Sangam Rai, made his way to Bardhaman and settled down at nearby Baikunthapur as a trader and moneylender.
Split into simpler sentences: He advanced up to Bardhaman but on his defeat there surrendered to the Mughals in 1584. Inspired by all the possibilities of wealth, Sangam Rai, made his way to Bardhaman and settled down at nearby Baikunthapur as a trader and moneylender.