Gujral breathed his last at a private hospital in Gurgaon, Haryana, Friday. He was 92.
He was cremated on Saturday in Delhi with full state honours in the presence of the country's top leadership, including President Pranab Mukherjee and Prime Minister Manmohan Singh.
He is survived by two sons, Naresh and Vishal, and brother Satish Gujral, a prominent painter and architect. His wife Sheila died in 2011.
Smriti Sthal, where the cremation took place, is located between Jawaharlal Nehru's 'samadhi' Shanti Van and Lal Bahadur Shastri's 'samadhi' Vijay Ghat.
Diplomats from various countries, including Pakistan, Bangladesh, Sri Lanka, Bhutan, Singapore and Russia, were also present at the cremation.