—The value stream mapping is one of the lean practices, that helps to visualize the whole process and identifies any bottlenecks affecting the flow. Proper management of the value stream can significantly contribute towards waste elimination by categorizing process activities to be either value adding or non value-adding. Lean development focuses on the value through the elimination of waste. Adding value through embracing change and customer satisfaction are also the benefits of Scrum. This study reports our experience regarding the implementation of VSM with Scrum. We followed the action research method, with an objective to see if VSM can contribute to the identification and reduction of wastes in a Scrum-based project. We identified a noticeable amount of waste even with strict compliance to the Scrum practices. On the basis of identified waste, their root causes, and possible mitigation strategy we have proposed a future state map, that could help improve the productivity of the process. The results of our study are encouraging, and we suggest that adoption of VSM with Scrum could add more value to the Scrum-based projects. Copyright © 2018 for this paper by its authors.