The world No 4 shuttler said she is in discussion with real estate firm Commune India and sports company Target Games Facilities for such a venture.
"With their support, I hope to do something well for badminton in Bangalore. I can see the interest (in Bangalore)," the London Olympics bronze medallist told reporters here.
Bangalore has been a very good place for badminton, the 22-year-old said, citing the example of Prakash Padukone Academy.
"In future, I also hope to support badminton in an big way in Bangalore and hope youngsters get more motivated and do well," she said.
"I feel if I can do it, everyone of us can also do it," she concluded.