The 17-year-old Praggnanandhaa, who started very well on day one with three wins, could only manage four draws on the third day.
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.
Teen chess sensation R Praggnanandhaa's mother, R Nagalakshmi said on Friday she was elated to see her son seal a berth in the Candidates Tournament, adding the 18-year-old has a "long way to go" in the sport.
Gukesh aims to keep improving after becoming India No 1 without sponsorship support
FIDE acknowledged that this issue concerning transgender players presents an evolving challenge within the realm of chess and affirmed that further policy adjustments may be warranted in the future, contingent upon research findings.
Indian Grandmaster Rameshbabu Praggnanandhaa defeated Russia's Vladislav Artemiev in the 15th and final round of the preliminary phase of the Airthings Masters.
The eight-player all-play-all tournament is the American finale of Champions Chess Tour. There is US$7,500 at stake for each match won at the event.
The second day of the final will also feature four games and the tie-break if required.
Indian GM Praggnanandhaa shocks Giri, meets Ding Liren in final of Chessable Masters tournament.
The men's team comprises Grandmasters D Gukesh, Gujrathi, Erigaisi, P Harikrishna and R Praggnanandhaa.
Liem Le scored an emphatic 2.5-0.5 win over the teenaged Indian GM, securing victories in games two and three after the opener ended in a draw.
Praggnanandhaa edged out his Dutch opponent in 81 moves in the fourth game after the first three ended in draws.
India's legend Viswanathan Anand continued his winning run in the Classical section of the Norway Chess tournament in Stavanger as he defeated China's Wang Hao in the third round to remain on top of the standings.
At the world championship, players have two hours each to play the first 40 moves, with 30 minutes being added to reach move 60, before 15 minutes are added with a 30-second increment per move being then granted.
'FIDE had tweeted: "Who better to be a commentator for the upcoming World Championship in Dubai than a person who has fought Carlsen in two matches himself?"'
Indian Grandmaster Viswanathan Anand posted his second win on the trot, defeating Bulgarian Veselin Topalov in the Classical section to take the lead at the Norway Chess tournament.
India's top player and Asian Games gold medallist Koneru Humpy, who had come back into medal contention after a modest performance on day two, had to settle for the sixth place though she logged eight points.
16-year old Praggnanandhaa halted his three-match losing streak to shock the higher-rated Vidit Gujrathi
Anand got off to a good start and won the first game of the best-of-four contest. The next two games were drawn before Leko levelled by winning the fourth.
The Chennai-based Anand, who is making his maiden appearance at the Magnus Carlsen Chess Tour, settled for a 82-move draw in the opening game of the best-of-four contest.
The tournament is part of the Magnus Carlsen Chess Tour. The winner of this event will qualify for the $US300,000 Grand Final scheduled from August 9 to 20.
'The win will change a lot of things in Praggu... the confidence in his potential will be one of them. The win has ensured a lot of visibility which will give him a lot of opportunities.'
While Vaishali got the better of Ukraine's Inna Gopanenko in round eight, Rout defeated Russia's Baira Kovanova.
When Praggnanandhaa plays, he does not allow his confidence to fluctuate, irrespective of who his opponent is, says his father.
Going into the match against the Chinese after ending his six-match losing streak, Anand surrendered the first game in just 22 moves late on Tuesday.
The Chennai-based Anand is making his maiden appearance on the Magnus Carlsen Chess Tour.
Five-times world champion Viswanathan Anand proved all his critics wrong and won the Candidates Chess tournament after settling for a draw with Sergey Karjakin of Russia in the 13th and penultimate round in Khanty Mansiysk (Russia) on Saturday.
'It will be special. Looking forward to going to a world championship match without the tension of playing. I am a chess fan too and hope it will be a good match'
Vaishali, sister of the Indian chess prodigy and GM R Praggnanandhaa, scored impressive victories over Mariya Muzychuk (Ukraine) and Russia's Valentina Gunina on the opening day of the Blitz championship.
Asked if the teenaged GM from Chennai needs to tone down on his aggression, Ramesh said, "I don't think so. That is one of his strengths. But, he must also learn every aspect of the game, not just aggression..."
The 50-year-old ended in ninth position ahead of GM Peter Leko who finished last.
India 'B' blanked Estonia 4-0 in the second round of the Open section in the 44th Chess Olympiad in Mamallapuram, Chennai, on Saturday while the second-seeded India 'A' team defeated Moldova 3.5-0.5 to make it two wins from as many matches.
Indian Grandmaster Vidit Gujrathi drew with Richard Rapport of Hungary in the ninth round to be in joint third place with 5.5 points in the Tata Steel Masters in Wijk Aan Zee, The Netherlands.
Young Indian Grandmaster R Praggnanandhaa has been roped in by IndianOil and would be receiving all the backing from the PSU major
Ding, who could become the first Chinese male to win the world title, began the tournament admitting he felt like there was "something wrong" with his mind.
Grandmaster R Praggnanandhaa opened his campaign in the FTX Crypto Cup, the American finale of Champions Chess Tour, with a 2.5-1.5 win over the world's top junior player Alireza Firouzja in Miami.
The other five games, hard fought, were drawn. World No.1 Magnus Carlsen and Andrey Esipenko trail the leaders by half a point.
After six straight losses, Anand won his first game of the tournament despite conceding early advantage on Monday night.
Russian Nepomniachtchi inflicts sixth defeat on Indian