The 30-year-old Indian had an impressive run at the tournament before losing 14-21 10-21 to Shesar in a 28-minute clash at the USD 75,000 BWF Tour Super 100 tournament.
It was second consecutive runner-up finish for Jayaram on the circuit as he had also reached the final at the White Nights International Challenge, last month.
While World No. 79 Shesar, who had won four consecutive Indonesia International tournament, got the better of India's Mithun Manjunath 21-17 19-21 21-14 in the semifinals here.
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