Myneni lost the last-four clash 4-6 4-6 to top seed Spaniard Adrian Menendez-Maceiras.
However with Sanam he won the doubles title with 5-7 6-4 10-2 win over wild card entrants John Paul Fruttero and Vijay Sundar Prashanth.
In the other singles semifinal, second seed James Ward of Great Britain rallied from a set deficit to quell the challenge of unseeded American Daniel Nguyen 4-6 6-4 6-3 to romp into singles final.
The contest between Adrian Menendez-Maceiras and Saketh Myneni began with each player beginning their respective service games with an Ace.
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The Indian had his chance to come back into the game when he held two break points in the 10th game. But he squandered the two chances with weak returns into the net allowing the Spaniard to convert his third advantage.
In the second set, Myneni did show patches of brilliance, but the Spaniard came back stronger when threatened to hold serve. Much against the run of play, Saketh once again faltered and on serve in the ninth game and the Spaniard held three break points, converting the second after the Indian had pumped in an Ace.
With John and Vijay serving to stay in the set, some brilliant returns and volleys by the opposition saw the unseeded pair facing two break points. They saved one, but Saketh and Sanam converted the second to level the match.
The Super-tie-breaker saw the second seeds racing to a 4-1 lead which they kept stretching, allowing John and Vijay just one point more to pocket the winners' cheque of USD 3100.