The women's doubles pair of Treesa Jolly and Gayatri Gopichand lost to top seeds Chen Qing Chen and Jia Yi Fan of China 18-21, 11-21.
While Sen needed just 40 minutes to advance Sameer Verma retired hurt against Indonesia's Shesar Hiren Rhustavito at the end of the second game when the scoreline reading 16-21, 21-12 in another men's singles match.
India's campaign at the BWF World Tour Super 300 tournament ends after Srikanth, Prannoy and Verma were knocked out earlier in the day.
Saina Nehwal, who won the tournament last year before going through a lean patch, lost 19-21, 13-21, 5-21 to Sayaka Takahashi in 50 minutes.
Srikanth fought hard for 55 minutes against second seed Chou Tien Chen of Chinese Taipei
Sindhu progressed to the quarterfinals with an easy straight-game win over Japan's Aya Ohori
Srikanth made an attacking start after the change of ends, putting his smashes to good use, to lead 5-1. Two tight smashes on either side helped the Indian to maintain his lead to 8-3 before he entered the break with a healthy seven-point advantage when Axelsen went to the net.
The World No 11 Srikanth will take on China's Lu Guang Zu in the next round.
Star Indian shuttler P V Sindhu cruised into the quarter-finals of the All England Championships women's singles with a straight-game win over Sung Ji Hyun of Korea, in Birmingham, on Thursday.Rising Indian shuttler Lakshya Sen was knocked out after losing in straight games to Victor Axelsen.
Lakshya Sen's stunning win over Asian Games champion Jonatan Christie went in vain as the Indian men's badminton team went down fighting 2-3 to two-time defending champions Indonesia in the semi-finals to settle for a bronze at the Asia Team Championships in Manila on Saturday.
P V Sindhu and Lakshya Sen sailed into the second round but it was curtains for Saina Nehwal and Kidambi Srikanth on a mixed day for India at the French Open Super 750 badminton tournament in Paris on Wednesday.
Brimming with confidence, India will again look to punch above their weight when they run into 14-time winners Indonesia in the final of Thomas Cup in Bangkok on Sunday, seeking to create history one more time.
Now all eyes are on the two Super 1000 events -- Yonex Thailand Open (January 12-17) and Toyota Thailand Open (January 19-24) as the world's best return to action following a prolonged break.
Kashyap, a Commonwealth Games champion, was trailing 8-14 in the third game when he chose to retire after pulling his calf muscle.
Jerome Barson, who was a passenger in a sedan that collided with the SUV that Venus Williams was driving, died 13 days after the accident.
Summary of sports events and persons who made news on Wednesday.
The 30-year-old Indian shuttler had an impressive run in the $75,000 BWF Tour Super 100 tournament before caving in tamely 14-21, 10-21 to Shesar in 28 minutes.
Summary of sports events and persons who made news on Friday
A summary of sports events and sports persons, who made news on Tuesday
Summary of sports events and persons who made news on Saturday