Unable to run projects locally in Mendix Desktop IDE --> Error occurred during initialization of VM

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Hi , I am facing below error when i am running any basic app using Mendix  Moduler 7.23.11.64691 Error occurred during initialization of VM java/lang/NoClassDefFoundError: java/lang/Object   command prompt ...xx> Java -version   java version "1.8.0_241" Java(TM) SE Runtime Environment (build 1.8.0_241-b07) Java HotSpot(TM) 64-Bit Server VM (build 25.241-b07, mixed mode)   I also tried with Java 7 version  Regards, Showkath.
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