This article argues that the rise of domestic and international philanthropic engagement in education in India cannot be understood in isolation; rather, it is part of a broader trend of what is termed "new global philanthropy in education" in the Global South. Central to understanding the nature of this engagement is the localised expression of global flows, that is, the movement and connections of ideas and actors that enable philanthropic action and discourse. Based on a global review of the literature, this article contextualises and applies a conceptual framework of philanthropic governance to India given the country's prominence in the review. It also presents illustrative examples of philanthropic engagement in India.