Rizwan and Irfan both suffered hamstring injuries in the third match in Rawalpindi, where a second-string New Zealand side won by seven wickets to level the five-match series 1-1
India added 71 runs to their overnight score of 146-3 before collapsing 25 minutes after the lunch break on day three.
Ajinkya Rahane top-scored for them with 49 and skipper Virat Kohli made 44 but India still fell short of the 250-mark which they believed would be a par score on this ground.
Kyle Jamieson was the pick of New Zealand's all-seam attack claiming 5-31.