New Delhi, Oct. 22 -- Corporate venture capital firms are increasingly eyeing investments in Indian companies, but the rush is yet to begin, according to a top executive at the venture arm of TDK Corporation, a Japanese manufacturer of electronic components and recording and data-storage media.

"I can see more and more of them looking, more of them talking about coming in. I have yet to see a tsunami," Nicolas Sauvage, founder and president of TDK Ventures, told Mint in an interview.

Corporate venture capital firms, which are dedicated investment arms of large established companies that invest their own capital in startups, have become more active in India over the past 18 months.

Earlier this year, chip maker Qualcomm launched a dedic...