Hey @Rohan, UiPath doesn't support Forward compatibility which means projects created with newer versions of Studio might not work with older Robots. Studio and Robot always need to have the same version. Projects created with alpha or beta Studio versions might not be compatible with newer Studio builds, nor can they be executed by newer Robots. Although UiPath supports Backward compatibility, meaning projects created on older versions will work fine on newer Robots.
It is usually recommended to first upgrade your Orchestrator and then your Robots. Please note that by not upgrading to the latest available version you are not taking advantage of the newest features or bug fixes added in new releases. You only have access to the features of the smallest installed version of either Robot or Orchestrator. For example, a project created in Studio v2018.3 might not work with a v2017.1 Robot.