diff --git a/recipe/meta.yaml b/recipe/meta.yaml
index 275c6602aeb..cf1f2c9ad70 100644
--- a/recipe/meta.yaml
+++ b/recipe/meta.yaml
@@ -1,5 +1,5 @@
 {% set name = "snowflake-snowpark-python" %}
-{% set version = "1.21.0" %}
+{% set version = "1.21.1" %}
 
 package:
   name: {{ name|lower }}
diff --git a/src/snowflake/snowpark/version.py b/src/snowflake/snowpark/version.py
index adb2095ce5a..3955dbbbf33 100644
--- a/src/snowflake/snowpark/version.py
+++ b/src/snowflake/snowpark/version.py
@@ -4,4 +4,4 @@
 #
 
 # Update this for the versions
-VERSION = (1, 21, 0)
+VERSION = (1, 21, 1)