Incompatibility issues with Android Studio

[KunalGehlot]

Prerequisites

• Put an X between the brackets on this line if you have done all of the following:
  • My beacons have Estimote Location packet enabled (Check it in the Estimote Cloud, or via app)
  • My Android device/devices supports BLE and has Android OS version >= 5.0.0
  • My Android device/devices have bluetooth enabled
  • My app has Location Permissions granted

Basic information

Estimote SDK version:** [2.1.0]

Description

I'm trying to run the example app on Android Studio 3.0.1, but facing a problem where it says

Error:Could not find method compile() for arguments [com.estimote:indoorsdk:2.1.0] on object of type org.gradle.api.internal.artifacts.dsl.dependencies.DefaultDependencyHandler.

Consult IDE log for more details (Help | Show Log)

in the Gradle scripts and in indoorapp\build.gradle it says similar thing

Error:(11, 1) A problem occurred evaluating project ':app'.
> Could not find method compile() for arguments [com.estimote:indoorsdk:2.1.0] on object of type org.gradle.api.internal.artifacts.dsl.dependencies.DefaultDependencyHandler.

Though I'm unable to open the log, at least I don't know how to, when I right click on the error and click jump to source, it puts me on the line

dependencies {
    compile 'com.estimote:indoorsdk:2.1.0'
}

Steps to reproduce:

1. Download the files as zip
2. Open in Android Studio either by clicking "open existing project" or "import project"
3. open build.gradle and try to compile

Expected behavior: It should just compile and run on my android emulator (Pixel 2 with Oreo)

Actual behavior: It shows the compile error

(Optional) Additional information

Here's the log file -
idea.log