In the mixed doubles, the Indian duo of Ishaan Bhatnagar and Tanisha Crasto lost 13-21, 12-21 to the Chinese pair of Feng Yan Zhe and Huang Dong Ping in the first round.
HS Prannoy had almost given up on winning his next title and breaking a six-year long drought before chief national coach Pullela Gopichand instilled in him the belief.
Rankireddy and Shetty, who had arrived in Madrid after winning the Swiss Open Super 300 last week, retired from their first-round match
Summary of sports events and persons who made news on Monday
After the change of ends, the Indians gathered themselves and turned it around as they broke off from 4-4. Satwik and Chirag won 7 of the last 8 points to grab a six-point advantage at the interval.
With the main draw of the Asian Badminton Championships set to get underway from Wednesday, the struggling Indian shuttlers face an uphill task.
London Olympics bronze medallist Saina Nehwal made another first-round exit, losing 15-21, 8-21 to Thailand's fourth seed Busanan Ongbamrungphan in the women's singles event.
Lakshya Sen and Saina Nehwal made impressive starts at the Indonesia Masters Super 500 badminton tournament, advancing to the second round of men's and women's singles respectively with contrasting victories in Jakarta on Wednesday.
Commonwealth Games champion Lakshya Sen suffered a straight-games defeat to Japan's Kodai Naraoka in the men's singles quarter-finals as the curtain came down on India's campaign in the Denmark Open Super 750 tournament, in Odense, on Friday night.
Double Olympic medallist PV Sindhu, who hasn't played any tournament since the Birmingham Games due to an ankle injury, is now world number five after moving up a spot.
A former world no. 2, Sindhu has regained her place in the top 5 after three years. The former world champion from Hyderabad resumed her training on Monday after recovering from the injury.
In the upcoming German Open, Lakshya Sen will spearhead India's challenge at the Super 300 tournament.
India's schedule on Day 3 of the 2022 Commonwealth Games in Birmingham on July 31, Sunday.
As the season is drawing to a close, Saina Nehwal would look to end the Super Series title drought when the Denmark Open gets underway at Odense with the qualifiers on Tuesday.
Star Indian shuttlers PV Sindhu and Kidambi Srikanth will look to arrest their slump in form when they begin their campaign at the Australia Open badminton tournament in Sydney on Tuesday.
Lakshya Sen's woeful run continued as he made a first round exit
India's top shuttler P V Sindhu is targetting peak form during the Commonwealth Games and Asian Games this year to ensure that she clinches the two titles missing from her cabinet.
Saina Nehwal and Kidambi Srikanth's woeful run continued as they suffered first round exits
Later in the day, the new women's doubles pair of Tanisha Crasto and Ashwini Ponnappa lost 13-21, 18-21 to Japan's Yuki Fukushima and Sayaka Hirota in the quarter-finals, bringing down the curtain on India's campaign.
India had won the mixed team gold at 2018 CWG for the first time and Chirag feels they can repeat the performance this year too.
London Olympics bronze medallist Saina Nehwal, on the other hand, moved one place to 31st.
Saina Nehwal will lead India's charge in the Macau Open Grand Prix Gold badminton tournament which begins in Macau on Tuesday after three-time champion P V Sindhu pulled out of the event to prepare herself for the Dubai Super Series Finals.
Sindhu had won a gold in the mixed team event at the CWG in 2018, but a medal in singles has eluded her since her Games debut.
Indian badminton stalwarts P V Sindhu and Saina Nehwal suffered contrasting fortunes at the Malaysia Open Super 750 tournament, the former progressing to the second round and the latter bowing out after losing her opener in Kuala Lumpur, Malaysia, on Wednesday.
Placed at number 10 in the Race to Guanzhou rankings, Srikanth needed to win the tournament to have any hopes of qualifying for the season-ending World Tour Final in December.
Ariarne Titmus and Elijah Winnington led podium sweeps as Australia got the Commonwealth Games swimming competition off to an explosive start on Friday, scooping 11 medals in total including five golds
Mirabai Chanu is an inspiration to many athletes but to Gyaneshwari Yadav she is also a competitor and the promising weightlifter dreams of not just scaling great heights like the Tokyo Olympic medallist but leaving her behind.
Indian challenge ended at the $275,000 French Open Super Series badminton tournament after top seed Saina Nehwal suffered a straight game defeat to Thailand's Ratchanok Intanon in the quarter-finals in Paris.
Satwiksairaj Rankireddy and Chirag Shetty went down fighting to Olympic champions Lee Yang and Wang Chi-Lan of Chinese Taipei at the Japan Open.
"She will need to be at her best for next year which will have Asian Games and also the 2024 Paris Olympics qualification, playing about 22 tournaments will be tough, so she is taking extra care,"
Jemihah will join the Stars squad after completing her Asia Women's Cup commitments for India
H S Prannoy dished out another splendid show to progress to the quarter-finals with a thrilling win over Indonesia's Chico Aura Dwi Wardoyo.
Fellow Indian Kidambi Srikanth also jumped two places to sit at the 12th spot, while Lakshya Sen continued to be the best-placed Indian male shuttler at world number 9.
The celebration of this historic feat was not yet over when Indian shuttlers scripted yet another jaw-dropping show in Birmingham, returning with six medals, including three golds, a silver and two bronze medals in August.
World No 8 Sen zoomed to an early 5-1 lead before dashing to 11-3 at the mid-game break. He kept moving ahead as Prannoy's game crumbled.
However, it was curtains for former Commonwealth Games champion Parupalli Kashyap after he went down 10-21 19-21 to Denmark's Hans-Kristian Solberg Vittinghus.
Batting sensation Shafali Verma will chase history when she leads India against England in the first-ever ICC Under-19 Women's T20 World Cup final on Sunday.
Lakshya Sen has worked on his "speed and variations" to be battle ready for the new season.
A much-anticipated second round meeting of India's top two women shuttlers, world No 1 Saina Nehwal and P V Sindhu, failed to materiliaze as the latter came a cropper in her opening match at the Japan Open Super Series badminton tournament, in Tokyo, on Wednesday.
Chirag Shetty and Satwiksairaj Rankireddy are aiming to win their maiden title at the All England championships, secure a Paris Olympics berth, and possibly emerge No 1 in the world.