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India 'B' settled for bronze in the Open section while India 'A' women side also finished third.
In the Open section, the India 'B' team, which has been in sparkling form, had to settle for a 2-2 draw against Uzbekistan.
The Indian GM shocked super GM Fabiano Caruana in their eighth-round clash.
GM D Gukesh continued his fine form notching up his seventh straight win.
D Gukesh has been in formidable form for India B with a 6/6 on the top board.
Team USA bounced back with a narrow win over Israel.
While India 'A' drew 2-2 with France, ranked 15th, the Americans had to share honours with Uzbekistan in the Open event.
India A beat Greece 3-1 while the B team trounced Switzerland 4-0 in Chennai
Union Sports Minister Thakur inaugurated the opening round by making the first move on Vidit Gujrathi's board.
Players from 187 countries are registered for the Olympiad that will be held from July 28 to August 10.