diff --git a/gradle.properties b/gradle.properties
index b398fb05..dc5a0880 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,6 +1,6 @@
 org.gradle.caching=true
 group=io.ballerina.stdlib
-version=2.7.0
+version=2.7.1-SNAPSHOT
 ballerinaLangVersion=2201.8.0
 
 checkstyleToolVersion=10.12.0