Indian media had reported for the past week that Whatmore, 53, had been offered a one-year contract by the Board of Control for Cricket in India (BCCI), which could be extended by another two years.
"I am not India's coach, it is mere speculation," he told reporters a day after completing his four-year tenure with Bangladesh following the conclusion of the Indian tour.
"I have had discussions with BCCI officials where I told them I was interested but that's all there is to it.
I have not heard from them since.
"
A seven-man committee apppointed by the BCCI to pick a new coach will meet in Bangalore on June 4 to choose a successor to Australian Greg Chappell, who quit after India's first-round exit from the World Cup.
Former captain-turned-commentator Ravi Shastri acted as interim coach for the Bangladesh tour, where India won both the one-day and Test series.
Shastri declined to take up the assignment on a long-term basis, citing media commitments.
Whatmore, a Sri Lank