They have two daughters Divya and Aalika. Anand has a keen interest in film making, a subject he pursued as an undergraduate at Harvard. He is a keen photographer with a strong interest in films. He also enjoys listening to the blues and has set up Mahindra Blues Festival held annually in Mumbai since 2011. Anand promotes arts & culture and has set up an awards platform named Mahindra Excellence in Theater Awards and the Mahindra Sanatkada Lucknow Festival, a crafts exhibition and performing arts event held annually in Lucknow. Anand is an advocate of the study of humanities as he believes it can help address various problems in the world that arise due to interdependency. He donated $10 million to support the Harvard Humanities Center. In recognition of this donation, the center was renamed to Mahindra Humanities Center at Harvard. He is the founder of project Nanhi Kali which aims to provide primary education to underprivileged girls in India. As of September 2017, the project has supported 130,000 underprivileged girls. Anand is also the chairman-for-life and one of the board of directors of Naandi Foundation, an Indian charitable trust that works towards the socio-economic development of India.