In another men's bout, Sumit stamped his authority to get the better of Kazakhstan's Ayatulla Takiz and confirm his place in the final.
Nikhat Zareen, Nitu Ghanghas and Manisha Moun marched into the quarterfinals of the IBA Women's World Boxing Championships.
In the ongoing Women's World Boxing Championship, Preeti, Nitu Ghanghas and Manju Bamboriya clinched thumping wins on Saturday.
Nikhat Zareen and Lovlina Borgohain lived up to expectations as they secured medals for India with quarter-final wins, alongside two other home boxers at the Women's Boxing World Championships.
Manish defeated Denmark's Nikolai Terteryan in a split decision.
It was a watchful start by the experienced Indian as she took her time to get a measure of her aggressive opponent.
Nikhat made short work of Brazil's Caroline De Almeida to notch up a dominant 5-0 win.
Nikhat Zareen (52kg), Manisha (57kg) and Parveen (63kg) continued their stellar run at the IBA Women's World Boxing Championships in Istanbul on Monday by advancing to the semi-finals but five other Indians bowed out after suffering quarter-final losses.
The Indian men's boxing team's final campaign at the 35th Boxam International Tournament in Castellon, Spain was derailed by a positive COVID-19 case in the side, resulting in three withdrawals from the summit clashes.
It was a stunning loss for Panghal, who had won a gold medal in the Cologne World Cup a couple of months back. The 23-year-old ended up paying for his rather weak defence in the bout against Escobar.