diff --git a/portkey_ai/version.py b/portkey_ai/version.py
index 7b49cf1d..4cf03a8d 100644
--- a/portkey_ai/version.py
+++ b/portkey_ai/version.py
@@ -1 +1 @@
-VERSION = "1.3.0"
+VERSION = "1.3.1"