diff --git a/python/.bumpversion.toml b/python/.bumpversion.toml
index 42191d1dc..5fbc0ceb9 100644
--- a/python/.bumpversion.toml
+++ b/python/.bumpversion.toml
@@ -1,5 +1,5 @@
 [tool.bumpversion]
-current_version = "0.32.0"
+current_version = "0.32.1-beta.0"
 parse = """(?x)
     (?P<major>0|[1-9]\\d*)\\.
     (?P<minor>0|[1-9]\\d*)\\.
diff --git a/python/Cargo.toml b/python/Cargo.toml
index 98aad90d8..c6c7b8a20 100644
--- a/python/Cargo.toml
+++ b/python/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "lancedb-python"
-version = "0.32.0"
+version = "0.32.1-beta.0"
 publish = false
 edition.workspace = true
 description = "Python bindings for LanceDB"