diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6608889b88..c4870d0809 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,10 @@
+## [Release 2.49.0](https://github.com/aws-amplify/aws-sdk-android/releases/tag/release_v2.49.0)
+
+### Features
+- Add submitEvent API with callbacks (#2934)
+
+[See all changes between 2.48.1 and 2.49.0](https://github.com/aws-amplify/aws-sdk-android/compare/release_v2.48.1...release_v2.49.0)
+
 ## [Release 2.48.1](https://github.com/aws-amplify/aws-sdk-android/releases/tag/release_v2.48.1)
 
 ### Miscellaneous
diff --git a/gradle.properties b/gradle.properties
index 3cc7c5a857..67bb9f17e3 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -26,7 +26,7 @@ android.enableJetifier=true
 
 GROUP=com.amazonaws
 
-VERSION_NAME=2.48.1
+VERSION_NAME=2.49.0
 
 POM_URL=https://github.com/aws/aws-sdk-android
 POM_SCM_URL=https://github.com/aws/aws-sdk-android