The left-handed Prajnesh, ranked 183, lost 3-6, 4-6 in the third and final round against the Swede, ranked 122 in the world.
Prajnesh Gunneswaran emerged as the only Indian to manage a win in the singles main draw of the Bengaluru Open as Ramkumar Ramanathan and Arjun Kadhe made first-round exits.
Prajnesh Gunneswaran announces retirement from professional tennis
Prajnesh Gunneswaran, who was the lone Indian left in the Australian Open qualifiers, lost in the final of the qualifying event on Friday.
The 28-year-old Vesley said, "I just wanted to be myself and play my natural game. Although his confidence was high after the first set, I don't know what happened to him, his game just dropped."
World No 84, Gunneswaran, who reached the third round at the Indian Wells Masters after coming through qualifiers, beat the Spaniard 6-2, 6-4 in the opening round.
Prajnesh Gunneswaran lost to a lower-ranked Otto Virtanen, while Ramkumar Ramanathan was beaten by Emil Ruusuvuori, leaving India trailing Finland 0-2 in the Davis World Group I, in Espoo, on Friday.
India's top singles player Prajnesh Gunnesaran drew world number 17 Milos Raonic of Canada as his first round opponent at the Wimbledon Championships, starting Monday.
If Prajnesh beats 144- ranked Ito, he could face World No. 2 Novak Djokovic in the second round.
Prajnesh Gunneswaran's maiden Grand Slam appearance ended in disappointment after American Frances Tiafoe defeated the Indian in straight sets in the opening round of the Australian Open on Monday.
With this loss, Prajnesh lost a golden opportunity to face Djokovic in the second round.
India's top ranked men's singles player Prajnesh Gunneswaran crashed out in the pre-quarterfinals of the Tata Open Maharashtra after suffering a straight-sets defeat against fourth seed Kwan Soon-woo of Korea, on Thursday. Prajnesh lost 3-6, 6-7(5-7) against the Korean at Pune's Mhalunge Balewadi Stadium.
Nagal will meet compatriot Saketh Myneni, who also qualified for the quarter-finals.
Downs Uzbek Isamilov in four-set thriller
Ramkumar Ramanathan advanced to the second round of the Wimbledon qualifiers but Prajnesh Gunneswaran, who was under-prepared due to a left-wrist injury, bowed out, in London, on Tuesday.
Top seed Prajnesh Gunneswaran booked a singles quarter-final berth at the Jinan Open with a hard-fought win over Chinese Taipei's Tung-Lin Wu.
Indian tennis player Prajnesh Gunneswaran finish runner-up at the Orlando Open, losing the summit clash of the ATP Challenger event to American Brandon Nakashima, in Orlando.
Prajnesh Gunneswaran made a stunning return from oblivion as he shocked senior pro Karan Rastogi in the Chennai Open singles qualifiers, on Saturday.
Prajnesh Gunneswaran got a taste of high-level tennis in his first-round exit from the US Open, losing to world number five Daniil Medvedev in 84 minutes, in New York, on Monday.
Prajnesh Gunneswaran's terrific run at the Indian Wells Masters came to an end following a straight set defeat against big-serving Ivo Karlovic.
Prajnesh, seeded sixth, got the better of Spain's Enrique Lopez Perez 6-3, 6-3 in the men's singles second round.
It will be Prajnesh's fifth straight appearance in the main draw of a Grand Slam.
Prajnesh is now ranked 102 in the men's singles rankings with a jump of seven places while Ankita leapfrogged 35 places to a career-high 168 in the women's singles.
Competing in his fourth straight Grand Slam singles main draw this season, Prajnesh lost 4-6, 1-6, 2-6 to the Russian on Monday.
Indian qualifier Prajnesh Gunneswaran achieved the biggest win of his career when he stunningly knocked out World No 18 Nikoloz Basilashvili at the Indian Wells ATP Masters event, continuing his dream run.
Sumit Nagal, seeded 21st in the qualifiers, was shown the door by Mohamed Safwat of Egypt
The 29-year-old dismissed suggestions that his Australian Open appearance could motivate more players in the world's second-most populous country.
Bora Gojo and Marin Cilic gave Croatia a 2-0 lead over India, winning the opening singles, in their Davis Cup qualifier in Zagreb on Friday. Gojo, ranked 277th, put the hosts ahead with a come-from-behind 3-6, 6-4, 6-2 victory over world No. 132 Prajnesh Gunneswaran while world No. 37 Cilic was taken to two tie-breakers before prevailing over 182-ranked Ramkumar Ramanathan 7-6(8), 7-6(8).
Nagal's win is likely to take him to 98 when the fresh rankings will be issued on Monday.
Ramanathan, who is seeded 15th in the Qualifiers, lost 3-6, 4-6 to Italian Simone Bolleli, while 239th ranked Sumit Nagal, who is going through a rough patch, suffered his eighth straight first round defeat when he was thrashed 2-6, 0-6 by Poland's Kamil Majchrzak, ranked 192.
The top-ranked Indian will face American World No 39 Frances Tiafoe in the first round of the Australian Open
India's Prajnesh Gunneswaran said he 'struggled a bit with the sun' and that it cost him a lot at the Australian Open, ending his maiden Grand Slam appearance in a first round exit.
The 26-year-old then made first round exits from the Bordeaux Challenger and Geneva Open earlier this month.
India's top tennis players Yuki Bhambri, Prajnesh Gunneswaran and Divij Sharan returned to the courts after over two-and-a-half months.
Ankita is now country's best-ranked singles (182) and doubles (95) player and is set to make her Olympic debut at the Tokyo Games next month.
Summary of sports events and persons who made news on Monday
Veteran Leander Paes was, on Tuesday, dropped from the Indian Davis Cup squad for the World Group away tie against Serbia scheduled from September 14 to 16.
India woman's tennis ace, Sania Mirza continues to hold on to her be world number one ranking in doubles, thanks to her consistent performance.
Up against higher-ranked Miomir Kecmanovic (No. 53) of Serbia in the first round, the world No. 72, who has qualified for the 2024 Paris Olympics, lost 2-6, 6-3, 3-6, 4-6.
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