diff --git a/CHANGELOG.md b/CHANGELOG.md
index f58915f696ecd..df0cacdf70580 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,14 @@
 # ChangeLog
 
+## [0.8.61] - 2023-11-05
+
+### New Features
+- [experimental] Hyperparameter tuner  (#8687)
+
+### Bug Fixes / Nits
+- Fix typo error in CohereAIModelName class: cohere light models was missing v3 (#8684)
+- Update deeplake.py (#8683)
+
 ## [0.8.60] - 2023-11-04
 
 ### New Features
diff --git a/llama_index/VERSION b/llama_index/VERSION
index a36703e19a4d7..2df45d8603353 100644
--- a/llama_index/VERSION
+++ b/llama_index/VERSION
@@ -1 +1 @@
-0.8.60
+0.8.61
diff --git a/pyproject.toml b/pyproject.toml
index a6ad4ef88ddd4..830e0f353d69f 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -38,7 +38,7 @@ name = "llama-index"
 packages = [{include = "llama_index"}]
 readme = "README.md"
 repository = "https://github.com/run-llama/llama_index"
-version = "0.8.60"
+version = "0.8.61"
 
 [tool.poetry.dependencies]
 SQLAlchemy = {extras = ["asyncio"], version = ">=1.4.49"}