diff --git a/package.json b/package.json
index ad9fe32f16..e5cd2eab3b 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "matrix-react-sdk",
-  "version": "0.7.4",
+  "version": "0.7.5-rc.1",
   "description": "SDK for matrix.org using React",
   "author": "matrix.org",
   "repository": {