diff --git a/build.gradle b/build.gradle
index 5f8bd34..eea7500 100644
--- a/build.gradle
+++ b/build.gradle
@@ -57,7 +57,7 @@ java {
     targetCompatibility = JavaVersion.VERSION_11
 }
 
-def grpcVersion = '1.68.2'
+def grpcVersion = '1.69.0'
 def dgraph4jVersion = "$version"
 def openCensusVersion = '0.31.1'
 
@@ -66,7 +66,7 @@ protobuf {
         // The version of protoc must match protobuf-java. If you don't depend on
         // protobuf-java directly, you will be transitively depending on the
         // protobuf-java version that grpc depends on.
-        artifact = "com.google.protobuf:protoc:4.29.0"
+        artifact = "com.google.protobuf:protoc:4.29.1"
     }
     plugins {
         grpc {
@@ -128,7 +128,7 @@ dependencies {
     // Explicit matching of protobuf-java and protoc versions to address
     // compilation errors arising due to transitive dependency on the version of 
     // protobuf-java that grpc depends on. 
-    implementation "com.google.protobuf:protobuf-java:4.29.0"
+    implementation "com.google.protobuf:protobuf-java:4.29.1"
 
     testImplementation "io.opencensus:opencensus-api:${openCensusVersion}"
     testImplementation "io.opencensus:opencensus-exporter-trace-jaeger:${openCensusVersion}"