Five more matches remain in the title-clash.
According to the tournament rules, in the knockout stage the team that secures 14 points first is declared winner.
Li Ping put Shaze Challengers ahead with a 2-1 win over Sanil Shetty in the men's singles, the opening match of the tie.
However, in-form Wu Yang swept aside Mouma Das (Shaze Challengers) 3-0 in the women's singles to hand the lead to Falcons TTC 4-2.
Next up was mixed doubles and Falcons TTC's pair of Sanil Shetty and Lee Ho Ching brushed aside Soumyajit Ghosh and Petrissa Solja 3-0 to extend their team's lead to 7-2.
Falcons TTC led 8-4 at this stage.
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