diff --git a/tools/e2e-fio/Dockerfile b/tools/e2e-fio/Dockerfile
index 0f6dabd..dd08c85 100644
--- a/tools/e2e-fio/Dockerfile
+++ b/tools/e2e-fio/Dockerfile
@@ -4,7 +4,7 @@ FROM alpine:edge
 MAINTAINER openebs openebs@openebs.io
 
 RUN apk --no-cache add \
-    	fio=3.37-r0 gcc musl-dev
+    	fio=3.38-r0 gcc musl-dev
 
 ADD e2e_fio.c /
 ADD liveness.c /
diff --git a/tools/e2e-fio/build.sh b/tools/e2e-fio/build.sh
index 97ab7c2..2a89d1b 100755
--- a/tools/e2e-fio/build.sh
+++ b/tools/e2e-fio/build.sh
@@ -11,7 +11,7 @@
 # existing semantics.
 set -e
 IMAGE="openebs/e2e-fio"
-TAG="v3.37-e2e-1"
+TAG="v3.38-e2e-0"
 registry=""
 tag_as_latest=""