diff --git a/Lib/ensurepip/__init__.py b/Lib/ensurepip/__init__.py
index 2276fd7fd8f3b2..74530706be5c70 100644
--- a/Lib/ensurepip/__init__.py
+++ b/Lib/ensurepip/__init__.py
@@ -11,11 +11,11 @@
 
 __all__ = ["version", "bootstrap"]
 _PACKAGE_NAMES = ('setuptools', 'pip')
-_SETUPTOOLS_VERSION = "47.1.0"
-_PIP_VERSION = "20.2.3"
+_SETUPTOOLS_VERSION = "52.0.0"
+_PIP_VERSION = "21.0.1"
 _PROJECTS = [
     ("setuptools", _SETUPTOOLS_VERSION, "py3"),
-    ("pip", _PIP_VERSION, "py2.py3"),
+    ("pip", _PIP_VERSION, "py3"),
 ]
 
 # Packages bundled in ensurepip._bundled have wheel_name set.
diff --git a/Lib/ensurepip/_bundled/pip-20.2.3-py2.py3-none-any.whl b/Lib/ensurepip/_bundled/pip-20.2.3-py2.py3-none-any.whl
deleted file mode 100644
index 7ebdc0f31d4e3e..00000000000000
Binary files a/Lib/ensurepip/_bundled/pip-20.2.3-py2.py3-none-any.whl and /dev/null differ
diff --git a/Lib/ensurepip/_bundled/pip-21.0.1-py3-none-any.whl b/Lib/ensurepip/_bundled/pip-21.0.1-py3-none-any.whl
new file mode 100644
index 00000000000000..6d55137b941255
Binary files /dev/null and b/Lib/ensurepip/_bundled/pip-21.0.1-py3-none-any.whl differ
diff --git a/Lib/ensurepip/_bundled/setuptools-47.1.0-py3-none-any.whl b/Lib/ensurepip/_bundled/setuptools-47.1.0-py3-none-any.whl
deleted file mode 100644
index f87867ff98254a..00000000000000
Binary files a/Lib/ensurepip/_bundled/setuptools-47.1.0-py3-none-any.whl and /dev/null differ
diff --git a/Lib/ensurepip/_bundled/setuptools-52.0.0-py3-none-any.whl b/Lib/ensurepip/_bundled/setuptools-52.0.0-py3-none-any.whl
new file mode 100644
index 00000000000000..9eb776ecfba275
Binary files /dev/null and b/Lib/ensurepip/_bundled/setuptools-52.0.0-py3-none-any.whl differ
diff --git a/Misc/NEWS.d/next/Library/2021-01-30-15-20-06.bpo-43077.Owk61z.rst b/Misc/NEWS.d/next/Library/2021-01-30-15-20-06.bpo-43077.Owk61z.rst
new file mode 100644
index 00000000000000..e555002433b4de
--- /dev/null
+++ b/Misc/NEWS.d/next/Library/2021-01-30-15-20-06.bpo-43077.Owk61z.rst
@@ -0,0 +1 @@
+Update the bundled pip to 21.0.1 and setuptools to 52.0.0.
\ No newline at end of file