diff --git a/gradle.properties b/gradle.properties
index 46290c9..985fff3 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,6 +1,6 @@
 org.gradle.caching=true
 group=io.ballerina.lib
-version=1.0.0-SNAPSHOT
+version=1.0.1-SNAPSHOT
 
 releasePluginVersion=2.8.0
 ballerinaGradlePluginVersion=2.2.4