diff --git a/pkgs/development/python-modules/IPy/default.nix b/pkgs/development/python-modules/IPy/default.nix
index 7f258780d1c6..332ee0fc0c13 100644
--- a/pkgs/development/python-modules/IPy/default.nix
+++ b/pkgs/development/python-modules/IPy/default.nix
@@ -2,11 +2,11 @@
 
 buildPythonPackage rec {
   pname = "IPy";
-  version = "1.00";
+  version = "1.01";
 
   src = fetchPypi {
     inherit pname version;
-    sha256 = "08d6kcacj67mvh0b6y765ipccy6gi4w2ndd4v1l3im2qm1cgcarg";
+    sha256 = "edeca741dea2d54aca568fa23740288c3fe86c0f3ea700344571e9ef14a7cc1a";
   };
 
   checkInputs = [ nose ];