"My movement which had been severely hampered because of the injury is now improving and I am in talks with the Indian franchise of the World Series of Boxing to work out my comeback," Suranjoy, who created quite a sensation by winning eight successive gold medals between 2010 and 2011, told PTI.
"Not being able to make the Olympics hurts a lot but there is no option but to move ahead," he said.
If he competes in the WSB, Suranjoy would be competing in the 54kg division.
One of the most successful boxers from India in international events, Suranjoy missed out on London after failing to make the cut in the qualifying tournaments and the nagging knee problem, which had to be operated upon in May, had a big role to play in his absence from the sporting extravaganza.
A second-class employee in the Indian Navy, Suranjoy has been promoted just once in his career despite being a Commonwealth Games and Commonwealth Championships gold-medallist and an Asian champion.
The 26-year-old has already started a boxing academy in Manipur to groom talent and plans to go full-time into coaching after he hangs up his gloves after next year's World Championships.