The 21-year-old bantamweight (56kg) boxer, who joined Vijender Singh (2009) and Vikas Krishan (2011) as a rare World Championships medallist with his bronze in Doha, could not clinch an Olympic quota berth after losing in the box-off to Belarus' Dzmitry Asanau.
Back with a new-found self-belief, Shiva said the job is only half done as he still has to book a ticket to Rio de Janeiro.
"I will give WSB a shot because there is a chance to qualify for Olympics from there. So that is definitely on my mind and should work out by November. If it doesn't, then the Asian Olympic qualifiers are also there in March," said Shiva, who was part of the USA WSB franchise last year.
And at Doha, he was noticed by Pacquiao after a brilliant knockout win in the pre-quarters. Pacquiao was a special guest at the event and was in Doha for a whirlwind day-long trip.
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