Sen rallied from a game deficit to defeat Yusuke Onodera of Japan
The prestigious awards recognise the achievements of the elite badminton players
The duo is aiming for top-30 ranking and continued success in bigger tournaments.
The 16-year-old from Gujarat was rewarded for last year's stellar run, which saw her win titles in three junior international tournaments. It enabled her rise three places and take the top position in the BWF junior rankings.
However, the Indian duo of Venkat Gaurav Prasad and Juhi Dewangan suffered a crushing 8-21, 4-21 loss to Denmark's Mathias Thyrri and Mai Surrow, the mixed doubles first round match lasting barely 21 minutes.
Prannoy will next face world number one and Olympic champion Viktor Axelsen on Friday.
The world body has so far maintained that it has no plans to make any adjustments to the regulations related to the Tokyo Games qualification period and that other events will go as per schedule.
India's Lakshya Sen came up with a spirited performance to overcome Hong Kong China's Angus Ng Ka Long in three games
'All the matches are going to be tough but I have to shrug it off and get ready for tomorrow's match.'
The world No. 3 Indian pair was scheduled to meet the German duo of Mark Lamsfuss and Marvin Seidel on Monday in what was supposed to be their second Group C match, but it was cancelled following the withdrawal of Lamsfuss due to injury.
Indian shuttler Kiran George's impressive run at the Korea Masters came to an end with a semifinal loss to Thailand's Kunlavut Vitidsarn
Earlier in the day, the mixed doubles pair of Dhruv Kapila and Tanshia Crasto squandered an early lead to go down 21-18, 15-21, 19-21 against Malaysia's Pang Ron Hoo and Su Yin Cheng in the second round.
Despite the name, Indian success at the tournament hasn't been particularly regular with none from the host nation winning any title in the past two editions.
While India have never won the gold at the Asia Mixed Team Championships, they did secure mixed team gold and silver at the Commonwealth Games in 2018 and 2022.
PV Sindhu jumped two places to grab the ninth spot, while former World No. 1 Saina, who is on a comeback trail after recovering from a serious injury, slipped five places to 11th spot.
Bhagat will miss the upcoming Paris Paralympic Games after being suspended for 18 months for breaching the Badminton World Federation (BWF) anti-doping regulations.
Tokyo gold medallist para shuttler Pramod Bhagat will not be able to defend his title at the Paris Paralympics after he was handed a 18-month suspension for breaching BWF's anti-doping whereabouts clause.
Kiran George dished out yet another gritty performance to upset third seed Chi Yu Jen of Chinese Taipei.
PV Sindhu on Sunday said she is "definitely" going to play for the next couple of years even as the 2028 Los Angeles Games remains at the back of her mind.
Indian shuttlers Saina Nehwal and Parupalli Kashyap have urged badminton's governing body to reconsider its decision not to extend the qualification period for the Tokyo Games despite several events being cancelled or postponed due to the coronavirus.
Satwiksairaj Rankireddy and Chirag Shetty's impressive run at the Malaysia Super 1000 badminton tournament came to an end
The Badminton World Federastion (BWF) unveiled a revised international calendar to salvage the remainder of the season, disrupted by the COVID-19 pandemic.
Priyanshu Rajawat capped off an impressive week with a thrilling win in the final
Lee, 2019 Hong Kong open winner, had finished as runner-up in the last edition and his dream of winning the title remained unfulfilled after he went down in the final for the second time in two years.
Ajay Jayaram, who skipped the ongoing Korea Open, slipped a place to be at 17th.
Two-time Olympic medallist Sindhu defeated rising shuttler Anmol Kharb 21-17, 21-15, while Lakshya, 2021 world championships bronze medallist, powered past Malaysian qualifier Sholeh Aidil 21-12, 21-12 in another match.
Indian shuttlers who competed at the Paris Olympics, including PV Sindhu, Lakshya Sen and the men's doubles pair of Satwiksairaj Rankireddy and Chirag Shetty, are giving the tournament, the year's final BWF Super 1000 event, a miss.
Former World No 1 Srikanth, who has not won a title at the BWF World Tour in the last 22 months, staved off a spirited a challenge from Ireland's Nhat Nguyen, winning 17-21, 21-16, 21-6 in a match that lasted an hour and six minutes to join Praneeth and Prannoy in the second round.
Satwiksairaj Rankireddy and Chirag Shetty have regained their top spot following their Thailand Open title triumph on Sunday.
Just 18 months after pairing up, the young mixed doubles pair of Sathish Kumar Karunakaran and Aadya Variyath rise to World No 33.
The 21-year-old Indian topped the ballot with 129 votes as she led a trio of women onto the BWF Athletes' Commission.
Sindhu, who is currently competing at the French Open in Paris, jumped one rung to stay one spot behind Chinese Taipei's Tai Tzu Ying, who continues to dominate the rankings.
P V Sindhu failed in her quest to win her first BWF World Tour title since the Singapore Open in July 2022, beaten by China's Wang Zhi Yi 21-16, 5-21, 21-16 in the final of the Malaysia Masters Super 500 on Sunday.
Bhagat is suspended from all badminton-related activities until September 1, 2025. As a result, he won't have the opportunity to defend his title and will miss the marquee event in Paris.
A medal prospect at the upcoming Paris Olympics, the men's doubles pairing of Satwiksairaj Rankireddy and Chirag Shetty say they are well equipped to handle the pressure of expectations.
Lakshya's Paris hopes brighten, enters No.15 in Olympic Games qualification
Satwik and Chairag had opened their campaign with a 21-17, 21-14 win over the French combination of Lucas Corvee and Ronan Labar on Saturday.
The Taiwanese shuttler took an hour and 10 minutes to beat the Commonwealth Games gold medallist.
US Open champion Prannoy, who had reached a career-best World No 11 ranking last week, improved a place further to grab the 10th spot. He has been rewarded for his consistent performance this season where he reached the semi-finals at the Indonesia Open and French Open.
The introduction of badminton's controversial 'skirt rule' has been postponed by a month to grant female shuttlers more time to adapt to the dress code, the game's governing body said.
