This is Koneru Humpy's second World Rapid title after she had triumphed in the 2019 edition in Moscow.
The Indian challenge extends to the Challengers' section, where Divya Deshmukh will compete against some strong Grandmasters.
Praggnanandhaa completed a win to book a match against compatriot Erigaisi, making sure an Indian will feature in the semi-final.
Carlsen, whose form has been up and down in the preliminary phase, took the fifth place with 26 points. He tripped Duda in the final round after settling for draws in rounds 13 and 14 against Daniel Naroditsky and Giri.
Gukesh had on Sunday set up a much-awaited quarter-final clash with world No.1 Magnus Carlsen while Praggnanandhaa will meet Erigaisi.
The men's team comprises Grandmasters D Gukesh, Gujrathi, Erigaisi, P Harikrishna and R Praggnanandhaa.
Indian Grandmaster Arjun Erigaisi has a word of advice for World Championship contender D Gukesh ahead of his clash against China's Ding Liren -- just focus on your preparation and don't count yourself as a "huge favourite" going into the title showdown.
The years of sacrifice and hard work is finally paying dividends. The iconic Vellamal School, which is the alma mater of World champion Gukesh, now has another international player of repute to boast about. After all, Aravindh is Gukesh's senior.
Gujrathi and Erigaisi will represent India in the men's individual event while Koneru Humpy and D Harika will do so in the women's section.
Rameshbabu Praggnanandhaa won the Superbet Chess Classic after defeating Maxime Vachier-Lagrave with white pieces in the final Blitz play-off game on Friday.
Historic moment, hails Anand after four Indians reach FIDE WC quarterfinals
World number seven Erigaise Arjun started his campaign on a positive note, outplaying Eltaj Safarli of Azerbaijan in the first round of the Sharjah Masters chess tournament in Sharjah.
India has a bright future in chess as we have many players in top 10 rankings: Humpy
Hungary will officially host the 45th edition of the Olympiad for the first time, having hosted the second unofficial Chess Olympiad in 1926.
Indian chess prodigy D Gukesh sealed a remarkable Chess Olympiad campaign with a decisive victory over GM Vladimir Fedoseev on Sunday in Hungary.
Following Arjun's win, World Championship challenger D Gukesh put it across Parham Maghsoodloo with black pieces, swindling the Iranian towards the end of the first time-control.
The India No.1 D Gukesh scored his first win of the event, beating GM Rinat Jumabayev.
A dream come true, a nice feeling. The maiden Chess Olympiad gold meant different things for the members of the five-strong Indian men's team, spearheaded stupendously by the youngest ever challenger to the world title -- D Gukesh.
At the end of the fifth round India's Aravindh Chithambaram is now followed by four players -- the Iranian duo of Amin Tabatabaei and Bardiya Daneshvar and Americans Hans Moke Niemann and Sam Shankland -- who all have four points each.
The image of a smiling D Gukesh standing with outstretched hands will forever be embossed in the memory of a nation of billions.
India became only the third country to win both the men's and women's gold medals at the same Chess Olympiad.
World Championship challenger D Gukesh bounced back from a sedate start to defeat compatriot R Praggnanandhaa and Germany's Vincent Keymer before holding world No. 1 Magnus Carlsen after round six of the Superbet rapid and blitz tournament in Warsaw on Friday.
An "embarrassed" All India Chess Federation (AICF) has filed a police complaint after a Chess Olympiad trophy its team won in the last edition of the tournament at home went missing from its office, forcing the sports body to arrange for a replica of the prized possession and tender an apology.
Gujrathi faced a reverse at the hands of his Kazakh opponent.
'The Indian Open team was extremely well prepared and motivated to win the gold medal.' 'With two players in the world top 10 club, and four players with over 2,700 ELO points (GMs Arjun Erigaisi, D Gukesh, R Praggnanandhaa, all below 20) and Vidit Gujrathi and P Harikrishna, it was a solid team.'
The American Gambits scored a crucial victory against the Ganges Grandmasters in the opening round of day four of the Tech Mahindra Global Chess League on Sunday. Hikaru Nakamura and Elisabeth Paehtz lead the winning charge for the American Gambits.
Gujrathi won the match with black pieces as he exploited a tactical oversight from his famous opponent.
R Praggnanandhaa was the best Indian with an overall third place finish
In round 3, the Indian defeated German GM Vincent Keymar with the game decided in the rook endgame after Praggnanandhaa managed to win two pawns, following which Keymar resigned.
Gukesh will have to carry with him the tag of world champion and along with it loads of expectations and increased scrutiny. But the 19-year-old is prepared to stand in the limelight.
'The championship was well fought this year.' 'Ding played better than expected. Gukesh was below his level, but good enough to beat Ding.'
Gukesh secured a decisive victory in just 37 moves, showcasing his exceptional tactical prowess and strategic acumen.
Indian men and women opened their campaign in the chess team event at the Asian Games with easy wins over Mongolia and Philippines respectively, in Hangzhou on Friday.
After six draws in a row, Praggnanandhaa was relieved after the victory, a result of Gupta's blunder under time pressure.
Team MGD1, with Grandmaster Arjun Erigiaisi playing on the top board, had earlier made it to the 16-team knockout and beaten Generation XYZA 4-0 in the first round.
'It is not just D Gukesh, Arjun Erigaisi, Praggnanandhaa and Vidit Gujrathi.' 'There are another 20 players just behind them. Nobody imagined this was possible 5 years ago.'
Grandmaster R Praggnanandhaa wrote a golden chapter in Indian chess history by becoming only the second player from the country after Viswanathan Anand -- and the youngest -- to play in the FIDE World Cup final.
In the women's event, Koneru Humpy and D Harika posted wins in the fifth round after a below par showing on the second day of the competition on Monday.
Young GM R Praggnanandhaa on Friday won both rapid games to eliminate second-seeded Hikaru Nakamura to enter the last 16 of the FIDE World Cup chess tournament in Baku.